Media
Media
US TRUCKERS are battling the Teamsters union and American railways over legislation that would forbid them from operating larger trucks. The bills, one from the House and the other in the Senate, would retain the 80,000-lbs, 53-foot truck size limit now allowed on Interstate Highways and extend it to cover the National Highways. New Jersey Democratic S...
German airline Lufthansa saw its net loss widen to US$753 million in the January-March period compared with $442.6 million a year earlier, despite an increase in revenue. The company said the increase was due to measurement effects for hedging options, reported Associated Press Newswires. Lufthansa said first-quarter revenues increased to $9.51 billion ...
CargoWise, a platform software provider for logistics operators, has reported a significant expansion in its customer base over the past 12 months. CargoWise solutions are now being used by more than 65,000 users across a customer community of more than 3,500 businesses in 65 countries. "Our ediEnterprise platform has gained huge momentum; we have incr...
HIGH Iraqi air cargo takeoff and landing fees of $20,000 to $100,000 per flight applied only to foreign carriers are slowing trade to and from Iraq, industry and foreign government sources say. Emirates, Ruslan International and the UAE Civil Aviation Authority chief Saif al Suwaidi have all complained, seeing the fees as heavy-handed protectionism. Me...
STATE-OWNED Qatar Airways has unveiled plans to acquire a 33 per cent stake in Cargolux, a Luxembourg all-cargo airline. According to the carrier's CEO Akbar Al Baker, a deal is expected to be signed in the next few weeks, reports the Press Trust of India (PTI) from Dubai. "We see there are synergies. Qatar Airways would like to expand and I always sai...
KOREAN Air has posted a year-on-year 13.9 per cent first quarter net profit increase to KRW190 billion (US$176.63 million) on the back of foreign currency gains. Operating revenues were up 6.3 per cent to KRW2.72 trillion in the first three months, to which cargo contributed 31.4 per cent and passengers contributed 53.7 per cent, together generating and ...
A BRITISH railway, union and environmental lobby is attacking plans that would allow for 17 per cent longer trucks, thus undermining the railways' attack on trucking. But in a letter to the editor from an operations clerk at London forwarder Gondrand UK opposed this view, saying that changes could be made to serve most interests involved. This was in r...
NORTHERN China's Inner Mongolia has signed a deal with the Hebei provincial government which agrees to assign a coastal tract on the Bohai Sea in Tangshan, a neighbouring city of Tianjin, to develop a seaport primarily for the use of the inland territory, Xinhua reports. Hebei will give 40 kilometres of land at Tangshan's Caofeidian New District for 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
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