Media
Media
New Zealand authorities have initiated an investigation against 13 airlines for price fixing cargo rates in and out of the country, international media outlets reported Monday. The country's Commerce Commission has concluded that the airlines colluded to fix fuel and security surcharges between 2000 and 2006. Many of the airlines are the sam...
Rockefeller to head Senate Commerce Committee Sen. John D. Rockefeller, D-W.Va., confirmed Monday he has accepted the chairmanship of the Commerce, Science and Transportation Committee. By rule, he will give up his position as chairman of the Intelligence Committee. Source: American Shipper
Hartmut Mehdorn, the CEO of DB, is still considering the partial privatisation of the company, Reuters reports. The most possible date is spring of 2009. Even though the IPO of the 24.9% of the DB's DB Mobility unit was postponed in October due to uncertain market conditions, Mehdorn is still pushing forward with plans to privatise at least a part of...
Starting in the spring, Czech Airlines will expand the possibility of purchasing additional services at check-in and on board its aircraft. At airport check-in, passengers will be able to purchase travel insurance, lounge access, and other services. On board, Economy Class passengers will be able to purchase certain kinds of snacks and beverages. T...
At the Annual General Shareholder's Meeting in SAS AB on April 9, 2008, members of the Nomination Committee for SAS AB were appointed. SAS AB has now been informed that Danske Bank has substantially reduced its shareholding in SAS AB and that Danske Bank's nominated member, Henrik Norman, in accordance with the Instruction to the Nomination Com...
Nokian Tyres’ fourth quarter sales have been weaker than expected and the operating profit will be lower than target. The company will not reach its previously communicated sales target for 2008 of EUR 1,150-1,200 million. Group’s net sales in 2008 are estimated to grow approx. 5% compared with the previous year. The operating profit is estimated to be on...
On December 12, 2008, Daimler AG, Kamaz, Russian Technologies State Corporation and Troika Dialog signed an agreement in Moscow governing the exclusive strategic partnership and outlining the main principles and methods of cooperation between Kamaz shareholders. Under the terms of the agreement, Daimler will acquire a 10 percent stake in the share ca...
Peterbilt Motors Company celebrated a significant milestone at the company's Denton manufacturing facility with the completion of its 300,000th production truck. Delivery of the Model 387 aerodynamic truck to Witte Brothers Exchange, Inc. was done at the Denton, Texas plant amongst Peterbilt employees, local government officials and the media. Pet...
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
qq.com