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Nine brand new open hopper sand wagons have arrived in the UK this week, which form part of a long-term, ‘new for old’ lease agreement between wagon providers VTG Rail UK, a subsidiary of VTG Aktiengesellschaft (SCN: VTG999), Europe’s leading private wagon hire and rail logistics company and Somerset based aggregates transporter, Mendip Ra...
Boeing delivered Qatar's first C-17 Globemaster III airlifter to the Qatar Emiri Air Force during a ceremony at the company's facility in Long Beach. "With this C-17, and the one that will be delivered later this year, the Qatar Emiri Air Force now has unequaled tactical and strategic airlift capabilities - including high reliability and operational fle...
Another cargo decline hit Cathay Pacific Airways and its sister company Dragonair in July, but it was smallest since the beginning of the year, showing that the downturn is touching bottom, say airline officials to the Shipping Gazette. "Our July drop of 6.7 per cent was the smallest year-on-year monthly drop in 2009," said Cathay cargo chief Titus Diu. "...
United Airlines has registered five per cent growth in air cargo volumes in July, compared to June of this year, representing the highest growth rate recorded in nine months, the Shipping Gazette reported. On a year-on-year basis, the carrier's air freight volume declined by 17 per cent compared to July 2008, reports the Journal of Commerce Online, which...
"The global economy was extremely weak during the second quarter, while we continued to bear witness to a major downturn in orders in many industries. The effects of the global recession are being felt extensively throughout the aviation industry and many carriers are continuing to implement far-reaching cost-saving measures to manage this situation, some...
The Board of Directors and management of SAS AB have decided to launch an entirely new cost program amounting to SEK 2 billion to generate sustainable competitiveness. This program, which is in addition to the total savings measures under Core SAS of SEK 4.5 billion, includes establishing fully competitive collective agreements for flight deck and cabin per...
Wednesday August 12, 2009 Ethiopian Airlines posted a net profit of ETB1.35 billion ($117 million) in its fiscal year ended June 30, a 165% increase over the prior year's figure and a company record, ATWOnline informed. Fresh off the carrier's blockbuster order for 12 A350-900s and five 777-200LRs (ATWOnline, July 30), CEO Girma Wake called the result "...
Virgin America Inc., the low-fare airline partly owned by U.K. billionaire Richard Branson, is studying whether to fly to Atlanta, Dallas and Austin, Texas, as it adds Florida routes, Chief Executive Officer David Cush said. “Atlanta is certainly on the list. It’s a big corporate headquarters city,” Cush, 49, said in a telephone interview....
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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