Dr. Alexander Hedderich will assume overall responsibility for the pan-European DB Schenker Rail Business Unit as of September 1, 2009. He will also be appointed to the Executive Board of Deutsche Bahn AG. He will assume both positions subject to the approval of the relevant bodies. Dr. Klaus Kremper, longstanding Head of DB Schenker Rail and Member of th...
"The trading environment continued to be tough this quarter. In response, TNT's management teams have once again significantly reduced costs without jeopardising our service levels. The underlying performance in our businesses clearly improved over Q1 this year. Our focus on cash has resulted in a strong free cash flow over the first six months this year. ...
Despite the massive slump in the commercial vehicle markets and falling global demand for freight cars and locomotives, in 2009 Knorr-Bremse has charted a safe course through the crisis. This was confirmed by the latest ratings published by Moody’s and Standard & Poor’s: Moody’s awarded the company a "Baa1/Outlook stable" rating, while...
The Mercedes-Benz Econic NGT – the ecofriendly special-purpose vehicle for municipal services, collection operations and distribution – keeps city centres cleaner and more pleasant thanks to its low-emission drive system. Recently, the city of Athens decided to deploy the Econic featuring a gas drive system. The Greek capital has ordered 108 new...
In Singapore, the U-Freight Group (UFL) has opened a new logistics facility, which allows appropriate levels of humidity to be maintained during the handling and storage of aircraft engines and aviation components. The Humidity Control Room, measuring 9 metres long, 5.2 metres wide and 4 metres high, is housed within UFL's wholly-owned Logistics Centre i...
Frankfurt is proposing an increase of 8.4 percent, reportedly to fund future expansion, on top of a hike of about 4.6 percent for what the AEA describes as "central infrastructure." Munich has said it will raise charges by four percent, Air Cargo World reported. AEA Secretary General Ulrich Schulte-Strathaus said, “Frankfurt Airport could do with a ...
Changi Airport Group welcomed AeroLogic, an airline formed from the joint venture between DHL Express and Lufthansa Cargo, at the JetQuay CIP Terminal in Changi Airport today. AeroLogic is the third of five new carriers to start new operations at Changi Airport this year. AeroLogic’s commencement of operations to Singapore underscores the carrier&rsqu...
All Nippon Airways has resumed Tokyo to Shanghai Pudong service including NH959 and NH960 flights, reports Logistics Week. The flight schedule remains the same as before, deploying a B767 while flight NH959 departs from Tokyo at 1400 hrs and arrives in Shanghai Pudong at 1605 hrs, as well as flight NH960 returning at 1700 hrs and back to Tokyo at 2050 hrs...
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