Mangalore airport, which was in the red five years ago, handling just above 2 lakh passengers per annum, is now back in the black and buzzing with activity, thanks to the creation of major infrastructure facilities at the airport and the start of international operations from Mangalore. Buoyed by these factors, the airport has shown good growth both in te...
New Delhi, May 4 Air India hopes to achieve a saving of around Rs 1,100 crore by the end of this financial year, through its merger with Indian, the Chairman and Managing Director, Mr Raghu Menon, has said. While the airline has already reported a saving of about Rs 300 crore by integrating the schedules of the two airlines, it hopes to save another Rs...
Here is a shocker. At the most, only 40 per cent of the cars running in the country will pass the test, if the kind of fuel-efficiency norm, being planned, really comes into force, according to SAARC Journal of Transport. A committee constituted by the Ministry of Road Transport and Highways has prescribed standards which, if implemented, might hinder the...
Dubai International Airport overtook Singapore’s Changi in the first quarter to become the sixth-busiest airport worldwide, latest industry figures show. The growing number of passengers in Dubai, which reached 9.34 million in the first three months of the year, underlined calls by industry leaders for a new regional traffic control system to bring order ...
Deutsche Bahn AG's freight railroad and Poland's PKP Cargo said they have begun a service that will offer 44 trains per week between Poznan in Poland and the Seddin marshaling yard in Brandenburg, Germany. The service will use PKP engines, which are compatible with the power systems of both countries so that it will no longer be necessary to change lo...
Genesee & Wyoming Inc. has signed an agreement to acquire CAGY Industries Inc. for about $78.4 million in cash. The final purchase price will be adjusted for working capital at the time of closing. Founded in 1975 and headquartered in Columbus, Miss., CAGY is the parent company of three short-line railroads: Columbus & Greenville Railway, Chattoog...
The National Customs Brokers and Forwarders Association of America plans to ask the U.S. Federal Maritime Commission to eliminate the requirement of mandatory rate tariff publication for non-vessel-operating common carriers. The petition, which is still under development, will probably be filed in late May or June. Peter Powell, chief executive of...
AirBridgeCargo Airlines has started weekly flights to Moscow from Budapest in Hungary using a Boeing 747 Freighter. These services are aimed at satisfying growing demand from Russian consumers for electronics products, fashion goods and luxury items, said the Russian airline, part of the Volga-Dnepr Group. Source: American Shipper ...
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