Media
Media
CANADA's lakers, plying waters from the Gulf of St Lawrence to Thunder Bay at the western tip of Lake Superior, are protesting a "unilateral" decision by the US Environmental Protection Agency (EPA) to apply rules are limited to parts of Canadian and US sea coast. Adhering to the UN International Maritime Organisation's anti-pollution rules mandating th...
INTTRA is expanding its presence in Asia, opening a development centre in China and a new office in Japan. The company has also announced further expansion of its global development and service centre in Singapore. Volume growth in container orders initiated on the platform across Asia has averaged more than 80 percent in the past two years, INTTRA chief ...
TNT will work with a single visual identity from April on. The orange colour and TNT logo will compose all the visual communication of TNT Araçatuba, the new brand resulted from the acquisition of Expresso Araçatuba by TNT in 2009. The brand will identify a business unit of the company that includes the services of road transportation and do...
The listing of Cache Logistics Trust (CLT) has created a windfall for a group of investors, even though its units start trading only today, reported Business Times Singapore. The winners are those who bought into CLT's sponsor CWT Ltd months ago, when it became known that CWT would be setting up a real estate investment trust (Reit). CWT's share price...
Surging fourth quarter revenue saw integrated logistics provider Agility posting a healthy 11 percent increase in net profit in 2009. "It has been a tough year, for the global economy, for the logistics industry, and for Agility," said Tarek Sultan, chairman and managing director. "We have performed well in these challenging times by focusing on reducin...
AIRLINES' new practice of charging for passenger baggage has resulted in big bellyhold profit, a decrease in the amount travellers carry and a corresponding increase in cargo space, reports the New York Times. Soon, even the first bag will not be free, said the report, adding that Florida-based budget carrier Spirit Airlines is leading the way, saying it...
THE Transpacific Stabilisation Agreement (TSA) is holding back the re-deployment of idle and new capacity by exerting a "dominant" position that stifles the marketplace, said Shippers' Voice managing director Andrew Traill. Dr Traill, who is also policy director of the European Shippers Council, and has served as head of the rail freight policy and the m...
GERMAN railway Deutsche Bahn pre-tax profit fell 32 per cent in 2009 to EUR1.68 billion (US$2.23 billion) drawn on revenues of EUR9.3 billion, a year-on-year decline of 12 per cent. Its unit DB Schenker Logistics revenue declined 23.4 per cent to EUR11.3 billion while pre-tax profit fell 49 per cent to EUR199 million. Schenker Rail, which handles Deutsc...
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
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