German firm Tognum has won two contracts from Siemens and Bombardier to supply 113 Model 16V 4000 R43 rail engines for France's SNCF railways. Under the first contract with Siemens, the company will supply 68 rail engines to be installed in Type BB 475000 diesel-electric freight locomotives jointly developed by Siemens and Alstom Transport. Under the se...
Heavy-lift, over-dimensional, 3PL specialists, Project Professionals Group, and leading shipping network, Shippingchina, have furthered stretched their global footprints to deliver opportunities for significant business growth following the announcement of an informal strategic alliance. The partnership was announced this week by PPG general manager Kevin...
ProLogis announced that it will develop a new, 554,000-square-foot (51,500-square-meter) distribution facility in The Netherlands for Hi-Logistics, a wholly owned logistics subsidiary of LG Electronics. "Since October of 2008, we've taken some major steps to reduce the overall level of risk in our business," said Walter Rakowich, ProLogis chief exe...
The Telegraph reported that TRF Limited an associate firm of TATA Steel has bought a 51% stake in a Sri Lankan trailer manufacturer for INR 42 crore. Dutch Lanka Trailer Manufacturers Limited has operations in Sri Lanka and India. DLT, which has a JV with TATA International in India produces 3,000 trailers each in Sri Lanka and Pune. Mr Sudhir Deoras MD o...
A new roadside survey by the National Highway Traffic Safety Administration confirms a continuing decline in the percentage of legally intoxicated drivers. In 1973, 7.5 percent of drivers had a blood alcohol concentration (BAC) of .08 or higher. In the latest survey, that figure had fallen to 2.2 percent. A BAC of .08 or higher is now above the legal limi...
The Freight Transport Authority and Iveco will host a number of seminars over the coming months to inform haulage companies of the changes to vehicles testing, Irish trucker reported. The transport industry is facing fundamental changes to the way vehicle testing is delivered and how transport legislation is enforced at the roadside. A series of 12 semina...
Boeing and members of the Sustainable Aviation Fuel Users Group, an airline-led industry working group, announced that several leading air carriers have been accepted as members to the group. Existing members welcome the new group members Alaska Airlines, British Airways, Cathay Pacific, TUIfly and Virgin Blue. Current airline members include Air France, A...
China Eastern Airlines on late Sunday announced that it will merge Shanghai Airlines through a shares swap and the two will resume stock trading in Shanghai Monday.� Shanghai Airlines will exchange one of its A shares for 1.3 shares of China Eastern after the former's shareholders are given a 25 percent risk premium, the latter said in a statement filed t...
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