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YRC Worldwide is reducing fuel burn by evaluating every mile its trucks spend on the road. The Overland Park, Kan.-based trucking firm estimates that it will take out about 20 million truck miles from its North American network to gain a fuel savings of about $40 million. Ten miles here, 20 miles there, eight miles here -- it's added up fairly qui...
UPS is carefully considering whether to increase investment in Thailand due to slow growth and turbulent political times for the Southeast Asian nation. Of course, we want to grow our business in Thailand, but we want a stable government platform to work for, Greg Carstens, managing director of UPS Thailand, told the Bangkok Post in a report posted Fr...
The U.S. Defense Energy Support Center has awarded four fuel-management contracts worth $8.6 million over five years to a joint venture led by Agility Defense & Government Services, the U.S.-based public sector arm of Kuwait-based Agility Logistics. The joint venture, AFH Fuel Services LLC, will operate, maintain, secure and provide safety and environ...
Jim Crane, who lost a bitter attempt last year to acquire freight forwarder Eagle Global Logistics and take it private after founding and leading it as chairman and chief executive officer for 24 years, announced Thursday he is starting his own non-asset-based logistics company. Crane Worldwide Logistics will be based in Houston, as was Eagle, with of...
The Estonian government approved today the changes in the investment plan meant to develop the infrastructure of transport, which means that transport objects will receive an additional EEK 5.45 billion investment. According to the plan for the years 2009-2013 Väo-Maardu road at Tallinn-Narva highway, Väo-Saue road at Tallinn’s roundabout, Pärnu bypa...
Lufthansa Cargo flew about 869,000 tons of freight and mail in the first six months of 2008, a 0.9 percent drop compared to the first half of last year. The German airline's cargo load factor for the first half of this year fell by 0.3 percentage points year on year to 68.2 percent. The Lufthansa Group's first half results will be published July 3...
Cathay Pacific Airways on Thursday said it is rearranging service to the Middle East, North America and New Zealand to focus on flights with the highest revenue-earning potential as fuel costs continue to rise. On terms of its flight operations, the airline is working to redeploy capacity to routes where demand is high, starting with a service boost t...
Boeing forecasts a $3.2 trillion market for new commercial airplanes over the next two decades, driven by an increasing demand for airplanes to replace older, less efficient aircraft. Boeing expects a world fleet of 35,800 aircraft commercial aircraft in 20 years compared to 19,000 today. The new airplanes will accommodate a forecasted 5 percent annua...
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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