Media
Media
Deutsche Bahn sealed a takeover of Britain's Arriva this week and predicted a Europe-wide transport sector consolidation wave would follow, Reuters reported. Deutsche Bahn chief executive Ruediger Grube said the combined group would become one of just a few strong players in the rail, bus and logistics industries as Bahn expands internationally to take a...
FedEx Express has resumed service to Europe from all points it serves globally. However, FedEx warned that it was not accepting International Express Freight (IXF) or Airport-to-Airport (ATA) shipments. The company’s money back guarantee will apply to all eligible shipments that are tendered to FedEx beginning on April 23. FedEx Express restored...
Movement of heavy cargo for post-war reconstruction and modernisation in Sri Lanka will provide more business for logistics companies, the Lanka Business Online reported. Two ports are under construction, a new airport planned and several coal, wind and hydro-power plants are being built or in the planning stages along with road, rail and a host of urban ...
SIXTY-NINE per cent of those polled by London's International Freighting Weekly said more carriers would follow Japan Airlines' (JAL) decision and scrap their freighter fleets and restrict cargo to passenger bellyholds. Citing tough market conditions going forward, JAL last month announced it would terminate services for all 10 of its freighters, which ...
SEVERAL participants at the Air Cargo Management Group's (ACMG) annual workshop have taken a bullish stance on the strength of the air freight sector, with ACMG managing director Bob Dahl saying that the industry would revisit its 2007 peak by the end of the year. The positive outlook could help alleviate flagging Boeing 747-8 sales, which have fallen fa...
AIR carriers and forwarders the world over have been struggling to cope with massive cargo back logs after Europe had been turned into a no-fly zone for the better part of a week. There have even been reports of profiteering in the crisis, said London's International Freighting Weekly (IWF). "One firm said it had been quoted US$1.2 million for a charter ...
CEVA Logistics has signed a five-year EUR1.5 million (US$2.02 million) annual contract with Interspor Dis Tic AS, a leading fitness and sporting goods company in Turkey supporting distribution by less than truck load and full truck load, home delivery and dedicated choices. Ceva will manage the distribution of home and professional fitness equipment and a...
SWISS logistics giant Kuehne + Nagel has posted a 7.3 per cent year-on-year increase in first quarter revenue, which came in at CHF4.6 billion (US$4.3 billion), while net profit was 2.3 per cent up at CHF131 million ($123 million). A large part of the gains are being attributed to improved sea freight operations which, fuelled by a 12 per cent increase in...
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
qq.com