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Media
TKM, the wholly-owned subsidiary of TM International Logistics (TMIL), has opened an office in Shanghai. TKM is a joint venture between Tata Steel and Martrade of Germany. The Shanghai office will focus on freight forwarding of containerised cargo as well as airfreight business, a company spokesman said. TKM now has overseas offices in Hamburg and Shangha...
First GBRf has signed two new contracts with Network Rail, totalling six years of new business and continuing the freight haulier's 10-year record of never losing a client. Network Rail has decided to renew its contract with First GBRf to operate and manage its Whitemoor infrastructure terminal, on Hundred Road in March, Cambridgeshire for a further two y...
A key piece in completing the world's largest integrated baggage system is underway, with the start of boring on a 1.8km-long tunnel underneath Heathrow Airport's airfield. The new £260 million tunnel will provide a vital link between all of the airport’s terminals, enabling Heathrow to handle 110 million bags annually by 2012. A £...
Romanian public roads totalized 81,693 kilometres by the end of the last year. At that time, only 28 per cent of them were modernized and highways included only 281 kilometres, according to data published by the National Institute of Statistics (INS), Mediafax informs. According to Nine O'clock, national roads included 16,599 kilometres (20.3 per cent), c...
Daimler AG (stock-exchange abbreviation DAI), Chrysler, Cerberus and the US Pension Benefit Guaranty Corporation (PBGC) signed a binding term sheet on April 27, 2009 covering issues still pending between the parties in connection with Chrysler. Under this agreement, Daimler's remaining 19.9% shareholding in Chrysler will be redeemed and Daimler will forg...
The U.S. Department of Transportation's Federal Aviation Administration (FAA) today announced a Bilateral Aviation Safety Agreement (BASA) between the United States and Japan that allows for the reciprocal certification of aircraft and aviation products. The BASA was signed by U.S. Embassy Charge d'Affaires ad interim James Zumwalt and Japan's Minister...
Mr E.K. Bharat Bhushan has assumed charge as Chairman & Managing Director of the National Aviation Company of India Limited (NACIL). Mr Bharat Bhushan will discharge functions of Chairman & Managing Director, NACIL, in addition to his own duties as Joint Secretary & Financial Advisor, Ministry of Civil Aviation, Government of India. Mr Bharat ...
Finnair reported a first-quarter loss of €18.6 million ($24.5 million), reversed from a €3.1 million profit in the year-ago period, as the potential for profitability has run into the sand due to feeble demand and a collapse in price levels, President and CEO Jukka Hienonen said. Stating that the airline industry's first-quarter results make ...
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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