The European Shippers Council last week joined the Air Freight Shipping Cartel Litigation class action started more than two years ago in the United States by shippers accusing flagship airlines of price fixing. The ongoing investigation by antitrust officials of the United States and other countries has focused on air freight carrier agreements regar...
Continental has called off merger talks with United Airlines. In a letter to employees, Larry Kellner, chairman and chief executive officer, and Jeff Smisek, president, said the company's board of directors met Sunday and unanimously supported management's recommendation that, in the current industry environment, the best course for Continental is to ...
Russian air transport specialist Volga-Dnepr Group said it is participating in a working group to help plan an air cargo hub in Havana, Cuba. The panel, organized by the Russian and Cuban governments, is analyzing air cargo flows from the Americas to all parts of the world and the potential for increased efficiency from having a hub at Jose Marti Airp...
American Airlines' cargo division, AA Cargo, now offers daily nonstop services to Barcelona and Milan from New York's John F. Kennedy International Airport. The service to Barcelona's El Prat Airport began April 25, while flights from JFK to Milan's Malpensa Airport will start May 1. Both services use Boeing 767-300 aircraft. The Barcelona and Mil...
PKP Cargo, Polish state-owned freight operator started the fulfilment of Governmental Strategy fo railway transport to year 2013, Railway Market reported. The document was accepted by the Polish cabinet on 17 April 2007. - Boards of companies in PKP Group are obligated to prepare schedules, which allow to fulfil main objectives of the Strategy... in t...
The investment promotion agencies of Mauritius, Afghanistan, and Latvia received awards yesterday for outstanding performance in advocating policies that have helped their governments to stimulate foreign investment and local development. The awards, presented at the World Investment Forum in Accra, Ghana, were given jointly by the United Nations Conf...
With the aim of improving freight transport on the corridor from Germany via Russia to Asia, the incorporated company Eurasia Rail Logistics (ZAO ERL) has just been founded in Moscow. ERL is a joint venture between the freight railroad of Deutsche Bahn AG (Railion Deutschland AG), RŽD Russian Railroads, PKP Cargo S.A. (Poland) and the Belarus Railroads. ...
Deutsche Bahn is considering buying travel and shipping group TUI AG to merge the Hapag-Lloyd container shipping unit with its logistics unit, Reuters reported. The acquisition would help keep Hapag-Lloyd - which TUI has said it will sell or merge this year amid shareholder pressure to do so - in German hands. The Financial Times Deutschaland, wit...
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