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Media
Danske Bank has said that its European freight forwarding index shows that 59% of freight forwarding companies expect an improvement in volumes in the next two months. Danske said that the road segment is currently very competitive compared to sea freight and air freight. Container leasing company SeaAxis said that Asia is leading the global recovery. It ex...
Last week, the U.S. Department of Energy (DOE) announced that Daimler Trucks North America (DTNA) will participate in the Clean Cities program for the production and sale of more than 600 trucks equipped with hybrid and natural-gas drive systems. DTNA will participate in at least seven program awards representing $32.9 million (approx. €23 million) in ...
Passengers who have purchased tickets and are set to fly to or from home with the bankrupt SkyEurope, will be ferried by Bulgaria Air, an official company press release has announced. The Slovak company filed for administration early on September 1, the Sofia Echo reported. Tickets for passengers to and from Vienna will cost just over 100 euro. Bulgaria A...
The country’s leading domestic airline, Cebu Pacific (CEB), generated a total of P11.39 billion in gross revenues from January to June 2009. This made the airline post 21.3% growth, compared to last year’s P9.39 billion. According to CEB’s parent company JG Summit Holdings Inc. (JGSHI), the airline’s profitability this first semest...
BAE Systems has won an exclusive mandate from UK carrier Titan Airways to remarket one of the airline’s three freighter variants of the BAe 146. Due to the need for larger capacity aircraft, Titan Airways wishes to sell one of the three aircraft and under the terms of the mandate the Asset Management business of BAE Systems will market all three airc...
Greek flag carrier Olympic Airlines will suspend air service to Russia in October, according to the Russian Transport Daily Report. Marfin Investement Group (MIG), based in Nea Erythrea outside Athens, acquired Olympic Airlines from the Greek government in March for EUR177.2 million (US$253.4 million) and will close its offices and end service to Moscow a...
Boeing confirmed an order for three Next-Generation 737s by Turkmenistan's national flag carrier Turkmenistan Airlines. The order for three 737-700s is worth approximately $192 million at list prices. Turkmenistan Airlines' all-Boeing fleet includes 717s, Classic and Next-Generation 737s, 757s and one 767. "This order is another step in our longstandin...
CONTECON Guayaquil SA (CGSA), a subsidiary of port management company International Container Terminal Services Inc (ICTSI), has been named one of the top companies in Ecuador and the Chamber of Commerce of Guayaquil's (CCG) most outstanding member in 2008. The announcement was made during a ceremony recently held in commemoration of CCG's 120th found...
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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