Today, the JAL Group has made the decision to participate on a voluntary basis in trials of a Japan only emissions trading scheme set up by the Japanese government. The trial scheme runs from FY2008 to FY2012, the financial years ending March 31. Companies that volunteer to participate in the scheme must set themselves CO2 emission reduction targets ...
Cathay Pacific saw cargo volume drop 15.4 percent in November compared to the same month in 2007, a huge drop signifying just how slow demand has been. Cathay and sister airline Dragonair carried a total of 131,758 tons of cargo and mail in the month, while capacity, measured in available cargo/mail ton kilometers, fell by 3.8 percent. The ca...
Eurostar, the high speed passenger train service linking UK with the continent, has today (11 December 2008) announced that tickets for its direct weekly summer services to Avignon - located in the heart of the popular Provence region in Southern France- will go on sale on Tuesday 23 December 2008. Tickets are available from 99 return in standard and 249...
Cummins Inc. (NYSE: CMI) today revised its outlook for 2008 due to the continuing decline in many of its key markets around the world. The Company now expects 2008 sales to increase by 9 percent over 2007, compared to its previous guidance of a 12 percent increase. Earnings Before Interest and Taxes (EBIT) is forecast to be slightly more than 9 perce...
Passenger traffic at Denver International Airport remained essentially flat in October, declining 0.1 percent when compared with the same month last year. A total of 4,154,517 passengers used the airport in October, 2,767 fewer than the 4,157,284 travelers recorded at DIA in October of 2007. The slight drop in passengers ended the airport’s 21-month ...
Virginia officials say they must cut $2.6 billion from the state's six-year transportation plan because of a sharp drop in revenues. The commonwealth's belt tightening is a sign of the times as all states struggle with cutting costs and services to prevent budget deficits. In addition to reduced state and federal gas tax receipts, Virginia's...
Cathay Pacific saw cargo volume drop 15.4 percent in November compared to the same month in 2007, a huge drop signifying just how slow demand has been. Cathay and sister airline Dragonair carried a total of 131,758 tons of cargo and mail in the month, while capacity, measured in available cargo/mail ton kilometers, fell by 3.8 percent. The c...
Southern California-based Weber Distribution said Wednesday it has hired Herb Ng as director of warehouse operations. Ng will be responsible for the company's Inland Empire facilities, which include four distribution centers totaling more than 1 million square feet of capacity. Ng was with APL Logistics as a general manager based in Ra...
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