Media
Media
RUSSIA's rail freight container operator, TransContainer, has been continuing to strengthen cooperation with Ukraine in Eastern Europe by developing a transit service between Russia and Ukraine. This despite the general decrease in the volume of container traffic in 2009 moving between the two nations, said the Russian Transport Daily Report. It said t...
FREIGHT cargo moved by container rail operators based in India is expected to rise 16-fold over the next three years, according to a report compiled by Infrastructure Development Finance Company (IDFC) and SSKI Securities. Container rail movement accounts for two per cent of the total freight market of three billion tonnes, reports India's Business Stand...
LEADING bidders to establish a C$200 million (US$191.7 million) container terminal in Sydney, Nova Scotia, have lost a major financial backer after Galaxy SARL, a French private equity fund, withdrew after taking a hit in the recession. In May, the French venture capitalists announced they would join with the Sydney Marine Group to develop a world class s...
Siemens has received an order from Russian Railways (RZD) to supply a total of 54 regional trains for the 2014 Winter Olympic Games in Sochi. The agreement is worth up to 580 million euros. A firm order worth around 410 million euros has been placed for the first 38 Desiro type trains, which will be manufactured entirely at the Siemens plant in Krefeld, Ger...
The International Air Transport Association (IATA) reported international scheduled traffic results for November 2009. Passenger demand was up by 2.1% compared to November 2008 while freight demand recorded a 9.5% improvement. Passenger load factors remain at pre-crisis levels of 75.4% while freight load factors stood at 56.6%. The improvement trends for b...
On 29 December 2009 the general meeting of Finavia Holding Oy elected a Board of Directors for Finavia Oyj, the state-owned company starting operations on 1 January 2010. The Board’s term will begin on 1 January 2010. The Board chairman of Finavia Oyj will be Honorary Mining Counsellor Mr Seppo Paatelainen. The other Board members will be Ms Pirkk...
EUROPE's third largest logistics service provider, France's FM Logistics, has opened its largest logistics facility in China in Jiangsu province's port city of Taicang, Logistics Week reported. The facility covers a floor area of 100,000 square metres and mainly provides distribution services for food, health care products and supermarkets. S...
CANADIAN National Railway (CN) has announced that president and chief executive officer E Hunter Harrison will retire from the company and its board of directors on December 31. "I would like to thank Hunter for the outstanding leadership and service that he has provided to this company. His innovative 'precision railroading' model and tireless dedicati...
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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