CSX Corp. said it is looking at all strategic options for its Greenbrier resort hotel in White Sulphur Springs, W.V. The Greenbrier is at a crossroads, said Michael J. Ward, president, chairman and chief executive officer of CSX. While we have continued to make investments to keep the resort competitive, the market for luxury hospitality services...
A federal commission tasked by Congress to find money to invest in needed transportation infrastructure is expected to recommend a nearly 50 percent increase in the gasoline tax when it issues its recommendations later this month, wire services are reporting. The 15-member National Commission on Surface Transportation Infrastructure Financing ...
MAINLAND China's Kunpeng Airlines has launched four round-trip services from its base in Zhengzhou city to the eastern city of Hangzhou, the southwestern city of Chongqing, the southern city of Haikou and northeastern Harbin, Logistics Week reported. Launch of the services has raised the number destinations of Kunpeng Airlines to eleven, in addition t...
EXPRESS package and mail delivery giants UPS and FedEx are expected to be preparing for the tough year by implementing cost-cutting and maintaining conservative operations amid the current climate of global economic uncertainty. Estimated to respectively control 52 per cent and 31.5 per cent of the US$61 billion express delivery market, FedEx is plann...
KOREAN AIR and the Incheon metro government have entered a plan to develop Incheon International Airport as a gateway to northeast Asia in both air transport and logistics, the airline announced after a ceremony where airline president and COO Jonghee Lee and Incheon mayor Sangsoo Ahn signed the Air Transport Industry Enhancement Contract at city hall. ...
THE International Air Transport Association (IATA) figures show a year-on-year 13.5 per cent drop in world air cargo flow - the biggest decline since 2001 - as well as 4.6 per cent passenger traffic reduction with capacity falling only one per cent. The 13.5 per cent drop in cargo is shocking, said IATA director general and CEO Giovanni Bisignani. As ...
SINGAPORE Airlines (SIA) has been holding talks with its cargo pilots to encourage them to accept unpaid leave, in a move designed to avoid layoffs as the global economic crisis reduces demand for air freight. SIA spokesman Stephen Forshaw was cited as saying in an AFP report that the period of unpaid leave will be for up to 30 months and that the mea...
KANSAS CITY International Airport (KCI) was on target to exceed 10 million passengers with year end tracking to 2005 figures, but cargo tonnage has decreased to be benefit of truckers, reported the local news portal infoZine. Cargo tonnage at the airport which consists of freight and mail were down year to date 10.6 per cent and 23.6 per cent in Novem...
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