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Former Malaysian transport minister Chan Kong Choy has been charged with cheating in the scandal over Port Klang Free Zone (PKFZ). Chan was charged with three counts of cheating at Malaysia’s Palace of Justice on Monday. Chan has claimed trial over the charges and bail was set at RM1m. Chan’s predecessor as transport minister, Ling Liong Sik,...
EUROPEAN truck rates increased 0.4 per cent in the fourth quarter of 2010, according to the Transport Market Monitor produced by the Cap Gemini consultancy. The data indicates that the market has returned to highs experienced in 2008 and that rate recovery through 2010 has been substantial and sustained, said the study reported by the UK's Transport Int...
US TRUCK volumes increased 3.8 per cent in January from December, according to the monthly tonnage index published by the American Trucking Associations (ATA). "Many fleets told us freight was solid in January though operations were a challenge due to the winter storms that hit large parts of the country," said ATA chief economist Bob Costello. Volumes...
TO meet growing demand from garment and shoes manufacturers for freight and logistics services across Vietnam, Logwin has expanded facilities in the country. Its warehouse and consolidation centre in Hanoi was extended to 2,000 square metres from 1,000 square metres, and the company has also doubled capacity to 2,000 square metres at its container freigh...
Operations have started at the new Northwest Ohio Terminal, the cornerstone of the National Gateway’s new double-stack freight rail corridor between East Coast sea ports such as the Port of Baltimore and the US Midwest. The facility is expected to become a major transfer point handling around 2 million containers annually, including blocks of multi...
NYK Line plans to increase its trans-Atlantic freight rates on cargo moving in both directions as of April 1. NYK said Thursday the rate increase will apply to all cargo under its own independent tariffs and service contracts shipped between U.S. and Canadian ports and all locations in Northern Europe. The increases, which apply to all dry containers an...
As of 03:00pm (MT) the nuclear-powered icebreaker "Vaigach" has passed the Island of Gotland (Sweden) and is now at about 250 km from the Gulf of Finland. According to GPS data, the ship is sailing at about 19 knots (35 km/h). So, the icebreaker can reach the western part of the Gulf this night, February 25, 2011. Earlier reports said that Rosmorport deci...
Transport and logistics provider Toll Holdings said that acquisitions and organic growth contributed to a sharp gain in first-half profit, reported The Courier-Mail. Toll reported net profit of US$166 million for December half, up 53 per cent from the previous first half. Revenue rose 28 per cent to $4.29 billion. Toll managing director Paul Little said...
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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