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Deutsche Post DHL has said that it will continue to cut costs wherever it can as it expected further volume declines this year. At yesterday’s annual general meeting, CEO Frank Appel told shareholders: “Particularly in times of economic crisis, it is of extreme importance for us to further stre...
Gdansk Container Terminal Co. (GTK) has launched cooperation with a new rail operator PCC Intermodal SA. The freight train arrived at the Szczecinskie Quay on 2 April 2009 and the first load supplied by this operator was handled by the company Nautiqus Ltd. The service operated by PCC Intermodal SA will guarantee regular container shipment between GTK an...
VTG Aktiengesellschaft (Securities Identification Code: VTG999), a private wagon hire and rail logistics company, ended the financial year 2008 with significant increases in revenue and operating profit (EBITDA). VTG increased group revenue by 12.4 per cent and EBITDA by 14.2 per cent, exceeding its forecast for sales and EBITDA. “...
Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia ’s leading commercial vehicle manufacturers, today launched an enhanced version of the Canter Eco Hybrid light-duty truck. The latest version provides fuel economy of about 11.0 km /liter, depending on operating conditions. This is on the top level of perfor...
Czech Airlines, which carried 5.6 million passengers last year, today announced a four-year deal with aviation IT specialist SITA to become the single supplier of its global network communication and messaging services. The agreement between the national flag carrier of the Czech Republic and SITA involves the evol...
CRS Airlines Representatives – the Spanish member of the EGSAC GSSA network – has launched a new subsidiary in Portugal , with offices within Lisbon ’s new cargo complex and at Porto Airport ’s cargo facility. CRS Portugal has also been appointed as EGSAC’s exclusive member for th...
Aeroflot-Cargo is launching a new scheduled flight on route Frankfurt Hahn – Sankt-Petersburg (RCF-910). The flight departs from Hahn , Germany on day 6. This flight is to be operated by freighter aircraft MD -11F with a capacity exceeding 90 tons. Aeroflot-Cargo is now holding traffic rights for this line. The new...
The Boeing Company has completed major assembly of the first set of wings for the 747-8 Freighter. The new 135-foot 3-inch ( 41.2 m ) wings incorporate the latest aerodynamic technologies to fly farther and more efficiently. The advanced airfoil provides improved overall performance and greater fuel capacity. The Boeing 747-8 Frei...
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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