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DESPITE Dubai government assurances that healthy Dubai Ports World is safe from the consequences of its sickly debt-ridden parent, Dubai World, fears continue to mount that the profitable terminal operator will not escape the financial crisis that has shaken the global financial community. Moody's Investor Service has now downgraded DPW debt ratings beca...
ISRAEL's Cargo Airlines Ltd (CAL) has been given the go-ahead by Israeli antitrust authorities to buy cargo space on passenger flights operated by Arkia Israeli Airlines to western Europe and Asia for the next two years The deal comes after Israel's Antitrust Authority director Ronit Kan recently exempted from a restraint of trade ruling the air cargo a...
On the first of December 2009 there will be changes in the management board of ÖBB Holding AG. According to the Austrian media, Gustav Poschalko, member of the board since October 2007, is going to be replaced. Changes will come into force in 2010. Papers speculate, that Norbert Bensel, the former head of DB Mobility Logistics AG, might take over the...
Toll Global Forwarding (TGF) has promoted Graham Ward to the position of Managing Director of its UK operation. He replaces Eddie Stroud who, after 42 years in the industry, will assume the role of Chairman of the UK company. Ward joined TGF forerunner, Clover Cargo International, in 1989 as an operations clerk at its Southampton facility. After periods i...
The International Air Transport Association (IATA) reported international scheduled traffic results for October 2009 showing improving conditions. Passenger demand was up 0.5% compared to October 2008. Demand for international cargo rose to 0.5% below previous year levels. This is significantly better than the 5.4% decline recorded in September. Load factor...
Passengers traveling with Japan Airlines (JAL) departing from Terminal 3 at London's Heathrow Airport, will from December 14, 2009, be able to use the "Galleries First" and "Galleries Club" lounges of oneworld partner airline, British Airways (BA). Based on the same concept as the exclusive BA lounges in the newly opened Terminal 5, "Galleries First" and...
Bulgarian Railways (BDZ) transported more than 1 million tons of cargo in October 2009. That is an increase by 20.1% compared to September 2009, but still a y-o-y drop by 30.7%. The transport work in ton/km went up by 22.6% in October, compared to the previous month. Compared with October 2008 a 30.1% decrease was recorded. A y-o-y drop was recorded als...
As part of its constant desire to improve the service it offers exhibitors and visitors as well as provide a bigger and better service, the International Logistics and Material Handling Exhibition (SIL) has updated its website. The new www.silbcn.com features a modern, dynamic and flexible design all while offering new business possibilities. Image and d...
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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