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The Lufthansa Cargo Executive Board and Works Council have reached agreement on the introduction of short time. The details of a corresponding company accord are to be hammered out by a negotiating commission as soon as possible. Short time would affect around 2,600 employees of the Lufthansa cargo carrier in Germany. The envisaged measure...
Asiana Airlines (President & COO: Young-Doo Yoon) was chosen as the Airline of the Year by ATW (Air Transport World), the world's most prestigious air transport magazine. The Airline of the Year award is given to a major or large international airline which over the years has exhibited outstanding performance in a number of airline disciplines. On...
Logistics company Agility has acquired Finnish forwarder Oy O. Nyström & Co. AB to boost its presence in Scandinavia, the company said Thursday. Nyström, which specializes in air freight, had revenue of 15 million euros in 2008. The acquisition of the Finnish company is the latest in a series of moves Agility has made in Scandinavia in the past yea...
The Indian government said this week it intends to link all major air and sea ports in the country with an online electronic data interchange system by the end of this year. A pilot test for the EDI program, which is intended to make the filing of import and export documents more efficient for shippers, has been ongoing since June. The syste...
U.S. output of goods and services decreased 3.8 percent in the fourth quarter of 2008, the Commerce Department reported Friday morning. The figure is less than some dire estimates that Gross Domestic Product would drop 5 percent to 6 percent during the period, but the results are preliminary and will be updated with more complete data in...
As Congress fashions a huge economic recovery plan that includes spending for on-the-shelf infrastructure projects, comes word that the nation's infrastructure is in even worse shape than thought. The American Society of Civil Engineers (ASCE) on Wednesday issued a report giving the condition of U.S. infrastructure a collective grade of D. Sol...
Less-than-truckload carrier Con-way Freight has appointed Timothy Dell as vice president of sales for the western area. Dell is responsible for 15 states, including North Dakota, South Dakota, Minnesota and Texas. He joined Con-way Freight in 1998 as an account executive at its Orange, Calif., facility and later became senior account executive...
A rising chorus of experts is drawing attention to the fact that the $825 billion stimulus package being debated on Capitol Hill is much lighter on infrastructure investment than originally promised by President Obama prior to taking office. The final House bill has $607 billion in direct spending and appropriations and $212 billion in tax cuts. Of...
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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