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Media
Russian Prime Minister Vladimir Putin has approved a strategy for the development of railways in Russia until 2030, as well as a plan for the implementation of the strategy in 2008-2015, the government's press office reported today according to RBC. The Russian Transportation Ministry, together with the Economy, Regional Development, and Industry and Trad...
Moody's Investors Service changed the outlook of OJSC Gazprom and Russian Railways to positive from stable reflecting in particular the upgrade of the Russian Federation to Baa1 with a positive outlook. Their ratings at A3 are not affected. The other ratings and outlook of the Russian Government Related Issuers (GRI), namely Alrosa Co Ltd, Federal Gr...
The United Kingdom government's decision to postpone plans to increase fuel duty has been given a cautious welcome by the British International Freight Association (BIFA), a not-for-profit organization representing U.K. companies moving goods across all modes. The government's plans to add two pence per liter from October led to a number of high-profi...
Lufthansa Cargo said Wednesday it is increasing its freight capacities from Frankfurt to the Brazilian city of Curitiba. Starting from Wednesday, the German carrier's existing flight to Curitiba on Saturdays, which commenced in October 2007, is to be augmented by an additional connection at 10:40 p.m. on Wednesdays. It will be operated using a Boeing ...
Italian start-up air cargo airline Alis Aerolinee Italiane has signed a memorandum of understanding with Airbus for the acquisition of five A330-200 Freighter aircraft, plus options for a further three. Financial details were not disclosed. The fledgling airline plans to establish direct cargo links between Northern Italy and long haul markets such as...
Ann Taylor Stores Corp. said Anthony M. Romano, its chief supply chain officer, has resigned to pursue other interests. The company indicated that a new chief supply chain officer is expected to be announced shortly. The New York-based women's retailer operates 941 stores in the United States and also sells online. Source: American Shipper
Kuwaiti global logistics firm Agility has named Dan Mongeon as chief executive officer of its Defense and Government Services (DGS) business group. Mongeon, a retired U.S. Army major general, has been president of Agility DGS since June 2006 and will continue in that role. He also has been named to the management board of Agility. He succeeds Tob...
CEVA Logistics has realigned its group leadership structure so that four regional presidents will share responsibility for running the globally integrated contract logistics and freight management businesses. The Netherlands-based company was formed by the purchases and merger of TNT Logistics at the end of 2006, and Eagle Global Logistics in August 2...
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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