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According to AFP referring to the Tagesspiegel daily, Deutsche Bahn (DB) plans to cut 14,000 jobs in the next 5 years. Currently the company employs 240,000 workers, 182,000 of them in Germany. Tagesspiegel quoted an unnamed member of DB’s supervisory board. As he said, such moves are necessary because of the global downturn. No redundancies are p...
Austrian company Strabag raised its capital in Austrian-Hungarian regional railway company GySEV. The capital rise amounted HUF 89m, Budapest Business Journal informs. Strabag purchased 5.7% stake in GySEV from Rail Cargo Austria in the middle of the year. After the capital rise, Strabag owns 6.2% of the railway carrier. 65.6% of GySEV belongs to the st...
First GBRf will become the first freight operator to regularly move renewable biomass material on the rail network, following a new multi-million pound contract with Drax Power Limited (“Drax”). Under the new deal, which will start in 2010, First GBRf will operate four train services a day, taking a variety of environmentally friendly biomass ...
Marintec China 2009, organised by UBM Asia, a subsidiary of United Business Media, and the Shanghai Society of Naval Architects and Marine Engineers, was held from 1 – 4 December 2009 at Shanghai, for its 15th edition, 30th anniversary successfully with all your support. Occupying five halls of the Shanghai New International Expo Centre, over 1,200 ...
The Boeing 787 Dreamliner took to the sky for the first time today, ushering a new era in air travel as it departed before an estimated crowd of more than 12,000 employees and guests from Paine Field in Everett, Wash. The flight marks the beginning of a flight test program that will see six airplanes flying nearly around the clock and around the globe...
The Shenzhen-based Chinese private freighter carrier – Donghai Airlines (J5) inaugurated non-stop scheduled freight services between Shenzhen (SZX) and Manila (MNL) on 15th December 2009. The new flight service operates on 2/4/7 three times a week with B747-300F aircraft. Donghai Airline has been officially put into operation since September 2006. A...
Horizon Logistics, LLC, the third-party logistics management subsidiary of Horizon Lines, Inc., has introduced a less-than-truckload (LTL) shipment rating engine for domestic U.S. shippers, adding to an existing suite of web-based logistics tools available at www.horizon-logistics.com . The new LTL rating engine is designed to ensure price consistency, e...
Following the award of new contracts for logistics services for BMW in Germany, South Africa and Japan, Kuehne + Nagel has now also been selected as their logistics partner at the modern production site in Leipzig. As of January 1, 2010, Kuehne + Nagel will assume responsibility for the entire supply chain for final assembly of BMW automotive products. At...
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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