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QANTAS CEO Geoff Dixon has been replaced by Jetstar chief Alan Joyce after eight years as the head of Australia's flag carrier. Mr Dixon stepped down at the annual general meeting with US$12.2 million 2007/08 pay package as company chairman Leigh Clifford told shareholders of the difficult economic times facing the carrier. Qantas has seen a deter...
HONG KONG's Cathay Pacific Airways slashed growth plans for 2009, offering unpaid leave to staff, paring back passenger projections and mothballing 747 Freighters in California while beset with low visibility in the clouded global economy. This is a very difficult time for our airline, said Cathay CEO Tony Tyler. We will continue to do all we ca...
A build up of cargo trains waiting to be unloaded in Russian Far East ports is threatening to paralyze the Far Eastern section of the Trans-Siberian railway, RIA Novosti informed. One hundred and seven cargo trains loaded with fuel are waiting to be unloaded in ports in the Primorye Territory and the Khabarovsk Territory. Last Monday, nearly 70 ...
On 24 November, the State Duma, Russia's lower chamber of parliament, held a Round Table on The Development of the Transport System and Russia's Geo-Economic Interests. Vladmir Yakunin, President of Russian Railways, took part in the discussions on the critical issues regarding the development of rail transport and its transit potential. Yakuni...
The European Commission recognised today that compensations granted to Southern-Moravian bus operators in the Czech Republic are State aid measures. The measures have been found compatible with the common market. Between 2003 and 2005, the Czech authorities were granting, on the basis of contracts, compensations to bus carriers in Southern Moravia for...
In fiscal 2008, Siemens generated revenue of just under €19 billion – around a quarter of the company’s total revenue – with products and solutions from its environmental portfolio. This year the range of offerings has been expanded primarily with components for wind farms. In fiscal 2007, products and solutions from the environmental portfolio accounted...
Logistics software provider Descartes Systems Group said it had net income of $2.3 million in the quarter ending Oct. 31, compared to $1.7 million in the same period the prior year. Revenues for the quarter were $17.0 million, up 10 percent from $15.5 million during the same period the prior year. Based in Waterloo, Ontario, the firm ...
President-elect Barack Obama on Tuesday articulated a governing philosophy that appears to give hope to transportation infrastructure advocates that project funding may be based more on merit and a national transportation plan rather than on earmarks and local political considerations, which have plagued previous multiyear spending bills. In ...
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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