A new U.S. Maritime Administration study said current U.S. maritime policy is only supportive of domestic maritime trades and not supportive of U.S. participation in international trades. Policy makers must better align the multimodal transportation system, of which the maritime system is a key part, with the needs of the U.S. economy -- an econo...
Cathay Pacific and sister airline Dragonair saw cargo volume drop 23.9 percent to 115,232 tons in December, compared to the same month in 2007. The drop came as Cathay and Dragonair withdrew 14 percent of its capacity to better meet falling demand. The airlines’ cargo and mail load factor dropped 5.7 percent to 62.9 percent. For 2008, c...
SITA, a specialist in air transport IT and Communications (IT&C), announced that it has signed a five-year, $76 million contract to implement and maintain an advanced communications and desktop infrastructure for Saudi Arabian Airlines (SV) globally. The hybrid network solution will facilitate the introduction of a broad range of new applications includin...
Nokian Tyres will launch a new studded Hakkapeliitta winter tyre. The Nokian Hakkapeliitta 7 has been developed for demanding and quickly changing winter conditions. The new Nordic studded tyre, the Nokian Hakkapeliitta 7, combines its winter properties with driving comfort. Its predecessor, the Nokian Hakkapeliitta 5, launched in 2006, has achieved ...
The current financial and economical crisis is also hitting the transport industry. The booming business among manufacturers of vehicles and accessories, as we knew it until the second quarter of last year, totally collapsed from then onwards. Due to the crashed demand on the market, an enormous overstock of vehicles was caused. On the one hand the dip in...
Swiss WorldCargo, the cargo division of Swiss International Air Lines Ltd., has officially gone live with Swiss Worx, a customised version of the comprehensive end-to-end IT cargo management system SkyChain developed by Mercator, the Dubai-based business technology provider. With most cargo carriers using systems that are ten to thirty years old, ther...
Continental Airlines has announced a December 2008 cargo revenue ton miles of 71.65 million, down 22.3 per cent compared with the same month a year, the Shipping Gazette reported. During the fourth quarter 2008, Continental raised US$196 million in cash, after sales commissions, through the sale of 12.6 million shares at an average price to the publi...
THE Airports Authority of India (AAI) has started working on 10-year plan to stimulate the air cargo market and has stated projects to create air hubs nationwide. PriceWaterhouse Cooper is said to have been appointed to prepare an Air Cargo Policy - Vision 2020, which when finished, AAI will give final shape to it and then submit it for government app...
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