It has been revealed that the Polish state-owned rail infrastructure management company PKP PLK will lose 30% or PLN 6bn (EUR 1.48bn USD 1.82bn) out of PLN 19bn EU funds that have been allocated for the period of 2007-13, according to Logistics Finland. This is because of delays in investment preparations and impossibility to provide own contributions. The ...
Today, Japan Airlines (JAL) applied to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) of Japan, seeking antitrust immunity with American Airlines (AA) so that both members of the oneworld® Alliance may enter a Joint Business Agreement (JBA) and cooperate more closely on the operations of flights between North America and Asia. "W...
Jeppesen has signed a five-year charting navigation service renewal agreement with Tyrolean Airways, a 100 percent subsidiary of Austrian Airlines, to provide the commercial carrier with tailored paper charting service and digital Web access to industry-leading Jeppesen charts through e-Link online and e-Link for Windows applications. A Jeppesen custome...
American air express giant FedEx forecast for fiscal year 2010 has dropped below analyst predictions because of higher maintenance costs and employee compensation despite a robust fourth quarter results ending May 31 of US$9.43 billion in sales, a 20.1 per cent hike profit year on year. But results still lagged by 85 cents to $1.05 a share, compared to ...
THE first Boeing 787 Dreamliner with General Electric (GE) engines, the airplane referred to as ZA005, completed its first flight following a three hour and 48 minute flight over the state of Washington and were received by a welcoming committee of GE executives and Boeing employees. Captains Mike Bryan and Mike Carriker completed the flight with Capt B...
DHL EXPRESS VIETNAM's volumes increased more than 30 per cent year on year in the first quarter of 2010 as the country makes the strongest post-recession recovery in the region. "The recovery for both Vietnam and DHL is being powered by intra-Asia trade," said John Pearson, CEO, DHL Asia-Pacific and EEMEA. "Sixteen of Vietnam's top 20 trade lanes are ...
France-based Moët Hennessy has appointed Kuehne + Nagel as its exclusive logistics provider for warehousing and distribution services in Spain. Under the terms of the two-year contract, Kuehne + Nagel will support Moët Hennessy in optimising its distribution processes with the consolidation of all its logistics activities in Madrid...
The largest cargo handling facility at Nairobi’s Jomo Kenyatta International Airport (JKIA) is on schedule to complete its first phase in July 2010, when it will commence handling of both import and export traffic. The brand new Transglobal Cargo Centre (TCC) will be the first fresh produce and cargo handling facility in Africa to incorporate a mult...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi