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Media
Cathay Pacific has just announced a bigger than expected loss for the full year of 2008, with a net loss of HK$8.6 billion (US$1.1 billion), despite a higher turnover and more passengers. In a statement accompanying the results, the airlines comments on its record loss saying that in the first half of 2008, stronger consumer demand was challenged by record...
RLS and STS Logistics are reported to be close to finalising an agreement to merge, creating one of the biggest independent logistics companies in Russia with an annual turnover of over USD 300mn (EUR 237.71mn). Both companies work in complementary business sectors, as RLS focuses on FMCG logistics within Russia, while STS specialises in international, mu...
Today’s appointment by the Department for Transport of the preferred bidder to build the new trains for the Intercity Express Programme (IEP) is a significant step in delivering a modern main line train fit for use in the 21st Century. Michael Roberts, Chief Executive of the Association of Train Operating Companies, said: “The new fleet bring...
Swedish forest industry companies have increased their rail transports by 75% in the period 2001-2008 and the positive development is expected to continue according to Staffan Thonfors of Skogsindustrierna trade association, Finland Logistics reported. Sveaskog will continue to increase its rail transports and SCA has decided to start transports of wood chi...
Turkey, who is set to launch country's first high-speed train this week, aims to construct a high-speed rail network across the country in ten years, Hurriyet reports. Turkey is set to launch country's first high-speed train this week, but this is just a beginning, said a senior official of the Turkish State Railways (TCDD). - We have to build a...
Bernard Matthews Farms, the East Anglia-based poultry products company, has taken delivery of a new fleet of Schmitz Cargobull dual temperature refrigerated trailers. In total 11 reefers, which are divided into frozen and chilled compartments, have been supplied. The fleet is used to shuttle products between Bernard Matthews Farms’ two production fac...
Goodyear announces the introduction of four additional OPTITRAC R+ farm tire sizes: 540/65R30, 710/65R30, 800/70R38 and 710/70R42. The innovative OPTITRAC R+ is now available in thirteen different dimensions. These four new sizes, which will be introduced during the first quarter of 2009, are already fitted to a wide range of tractors in today’s mar...
Sydney Airport has welcomed the announcement by Qatar Airways that they will commence flying from Sydney later this year. The CEO of Sydney Airport, Russell Balding, said that Qatar Airways was a world class quality airline and their launch of these new services is a great boost for Sydney and Australia’s tourism industry. “Sydney Airport loo...
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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