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Hyundai Motor, the largest automobilecompany in South Korea, began building a 400-million-U.S.-dollars factory in Russia on Thursday in a bid to boost sales in the country's fast-growing automobile market, Xinhua reported. According to Hyundai, the factory will be completed by 2010 in the Kamenka industrial zone in St. Petersburg and will eventually ...
Kuwait-based logistics group Agility said Thursday it has signed a conditional agreement to acquire Cosa Freight, a Shenzhen-based ocean freight forwarder with offices in six locations in China and a presence in Hong Kong, the United States and Canada. Cosa Freight has a particular strength on the transpacific trade and is very strong in providing a f...
The leading international air transportation trade group Tuesday predicted the industry will experience a $2.3 billion loss this year due primarily to the surging price of fuel worldwide. The International Air Transport Association prediction is a staggering reversal of the group抯 previous financial forecast for 2008. IATA predicted in March that the ...
California state air regulators are circulating a draft regulation that would require long-haul, heavy-duty trucks and 53-foot box-type trailers to be equipped with aerodynamic fairings and low-resistance tires. The proposed California Air Resources Board rule would require truck owners to certify their equipment meets U.S. Environmental Protection Agency...
Airlines in oneworld® generated record revenues from the alliance's sales activities in 2007 - when the grouping completed its biggest expansion yet. Eight million passengers transferred between the airlines' flights during the year - 6 per cent more than in 2006 - producing interline revenues within the alliance of US$2.2 billion, up 19 per cent yea...
Air Charter Service Plc (ACS), the worldwide passenger and cargo air charter broker, today announces the opening of its latest office in Hong Kong SAR, China. ACS has positioned itself to benefit from the growing Asia-Pacific and Australasian market which has seen exceptional growth in private jet usage with official figures showing that since 2003 ...
At a time when fuel costs are soaring, the Federal Aviation Administration (FAA) has announced new East Coast routes over the ocean that have the potential to save millions of dollars in fuel, reduce delays and help the environment. “We’re taking a major step forward in efficiency,” said Robert A. Sturgell, the FAA’s acting administrator. “These addi...
Air Charter Service Plc (ACS), the worldwide passenger and cargo air charter broker, announces the opening of its latest office in Hong Kong SAR, China. ACS has positioned itself to benefit from the growing Asia-Pacific and Australasian market which has seen exceptional growth in private jet usage with official figures showing that since 2003 Hong Ko...
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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