Media
Media
SHENZHEN plans to spend CNY131.1 billion (US$20.1 billion) to CNY138.6 billion on building roads during the 12th Five Year Plan from 2011 to 2015 with 30.1 million earmarked for expressways, Xinhua reports. Shenzhen's transport authority recently announced a road development plan, pointing out that the current network is not large enough and has defects...
Following the recent nuclear incidents at Fukushima in March, France considers that the risk of radiation in cargo from Japan is limited for a number of reasons: most major Japanese ports are located in the South rather than in the contaminated zone; the half-life of most of the radioactive elements is relatively short whereas the sea crossing from Japan to...
NEW American air cargo security rules mean that freight must re-screened and require additional resources that could lead to theft and hygiene risks, says BA chairman Martin Broughton. Delivering the Chartered Institute of Logistics and Transport (CILT) Aviation Lecture, Sir Martin said the new rules had been introduced just six days before they were to b...
AMERICA's CSX railway has posted a record-breaking 30 per cent year-on-year first quarter net profit increase to US$395 million, drawn on revenues of $2.8 billion, up 13 per cent on 2010 first quarter sales. Intermodal scored highest, rising 11 per cent to 553,000 units, with revenue from that segment rising four per cent to $332 million. The company s...
AMERICA's biggest railway, the Union Pacific (UP) posted a 24 per cent year-on-year profit increase to US$639 million in the first quarter on the back of increased traffic across the board. "The economy is showing signs of continued improvement, and we're optimistic about growth," said UP chairman, president and CEO James Young. "We saw volume growth ...
TRANSCORE has registered a 35 per cent increase in spot market truck freight volume in Canada in March compared to the same month a year earlier. Load posts on TransCore's US freight-matching network rose by 42 per cent in March compared to the previous month, and were 61 per cent higher than in March 2010, reports Newark's Journal of Commerce. The volu...
MANILA's International Container Terminal Services Inc (ICTSI) has formally taken over the operations of Adriatic Gate Container Terminal in Croatia, after completing the transaction with Luka Rijeka to become the new majority shareholder in AGCT. "We are pleased to complete the transaction," said Manuel Fernandez, ICTSI senior vice president for Europe...
SHENZHEN's Da Chan Bay Terminal One recently welcomed the maiden call of an upgraded Far East-Africa Express Service (FAX) operated by Gold Star Line. FAX calls at Da Chan Bay every 10 days on the following rotation: Shanghai, Ningbo, Shenzhen-Da Chan Bay, Port Kelang, Colombo, Durban, Tema, Lagos, Takoradi, Abidjan, Colombo, Port Kelang and back to Sha...
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