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As from the 23rd July 2008 Nijhof Wassink starts a new train shuttle service between Rotterdam and Kutno (Poland). The shuttle takes off from PCT Terminal (the join venture of Nijhof Wassink, Den Hartogh and MCS) in Rotterdam Pernis, 5 times a week. With one stop in Frankfurt/Oder the train will reach place of destination 48 hours after departure. Bas...
Russian Railways plans to invest RUB 63bn (approx. USD 2.71bn) in the modernization of the Baikal-Amur Mainline (BAM) until 2015, the company's press office reported today according to RBC. In 2008 alone, investment is expected to exceed RUB 3bn (approx. USD 129m), up 7.5 times compared to the previous year. In addition, the BAM railway will be renovated ...
The Jacksonville, Fla.-based trucking logistics company Landstar System Inc. reported record second quarter net profit of $29.8 million compared to $29.7 million in the same 2007 period.Revenue for the quarter ending June 28 was $698 million, about 10 percent higher than the same 2007 period. Landstar President and Chief Executive Officer Henry Gerken...
British Airways World Cargo will increase its fuel surcharge to ?.87/$1.35/1.35 euro, effective July 31. The airline said the increase follows a second consecutive week that its fuel index has been above the level 27 threshold. With the price of fuel continuing to escalate, it is necessary for us to increase our fuel surcharge, in line with the in...
Russian Prime Minister Vladimir Putin has approved a strategy for the development of railways in Russia until 2030, as well as a plan for the implementation of the strategy in 2008-2015, the government's press office reported today according to RBC. The Russian Transportation Ministry, together with the Economy, Regional Development, and Industry and Trad...
Moody's Investors Service changed the outlook of OJSC Gazprom and Russian Railways to positive from stable reflecting in particular the upgrade of the Russian Federation to Baa1 with a positive outlook. Their ratings at A3 are not affected. The other ratings and outlook of the Russian Government Related Issuers (GRI), namely Alrosa Co Ltd, Federal Gr...
The United Kingdom government's decision to postpone plans to increase fuel duty has been given a cautious welcome by the British International Freight Association (BIFA), a not-for-profit organization representing U.K. companies moving goods across all modes. The government's plans to add two pence per liter from October led to a number of high-profi...
Lufthansa Cargo said Wednesday it is increasing its freight capacities from Frankfurt to the Brazilian city of Curitiba. Starting from Wednesday, the German carrier's existing flight to Curitiba on Saturdays, which commenced in October 2007, is to be augmented by an additional connection at 10:40 p.m. on Wednesdays. It will be operated using a Boeing ...
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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