ITF helps 30 seafarers abandoned in Cochin THE International Transport Workers' Federation has intervened on behalf of 30 seafarers facing starvation after their vessel was abandoned by its owners and detained in Cochin.
Chennai's stevedore dispute still unresolved
Air and Land Transport
US slowdown hurts Asian traffic: UPS THE US economic slowdown is hitting air cargo traffic from Asia, but Charles Adams, United Parcel Service senior vice-president for Asia, expects business to pick up late this year.
Over 300 flights cancelled as Lufthansa pilots strike again
JAL's profit doubles to 41b yen on business travel
KLM's Q4 loss widens to 88m euros on fuel costs
Comair to lay off 400 more, axe 200 pilots to cut costs
Features
Corporate travel takes back seat SOARING air fares usually get most of the blame for the recent cutbacks in business travel that hammered the airline industry's balance sheets in the first quarter of this year.
ITF helps 30 seafarers abandoned in Cochin THE International Transport Workers' Federation has intervened on behalf of 30 seafarers facing starvation after their vessel was abandoned by its owners and detained in Cochin.
Chennai's stevedore dispute still unresolved
Air and Land Transport
US slowdown hurts Asian traffic: UPS THE US economic slowdown is hitting air cargo traffic from Asia, but Charles Adams, United Parcel Service senior vice-president for Asia, expects business to pick up late this year.
Over 300 flights cancelled as Lufthansa pilots strike again
JAL's profit doubles to 41b yen on business travel
KLM's Q4 loss widens to 88m euros on fuel costs
Comair to lay off 400 more, axe 200 pilots to cut costs
Features
Corporate travel takes back seat SOARING air fares usually get most of the blame for the recent cutbacks in business travel that hammered the airline industry's balance sheets in the first quarter of this year.
ITF helps 30 seafarers abandoned in Cochin THE International Transport Workers' Federation has intervened on behalf of 30 seafarers facing starvation after their vessel was abandoned by its owners and detained in Cochin.
Chennai's stevedore dispute still unresolved
Air and Land Transport
US slowdown hurts Asian traffic: UPS THE US economic slowdown is hitting air cargo traffic from Asia, but Charles Adams, United Parcel Service senior vice-president for Asia, expects business to pick up late this year.
Over 300 flights cancelled as Lufthansa pilots strike again
JAL's profit doubles to 41b yen on business travel
KLM's Q4 loss widens to 88m euros on fuel costs
Comair to lay off 400 more, axe 200 pilots to cut costs
Features
Corporate travel takes back seat SOARING air fares usually get most of the blame for the recent cutbacks in business travel that hammered the airline industry's balance sheets in the first quarter of this year.
Imports stall at West Coast ports West Coast ports turned in another lackluster performance in April as containerized imports were flat and exports declined.
United Cargo hikes domestic rates The carrier wants to maximize revenue amid declining volumes and a shift by shippers to cheaper ground transportation.
Automotive hurts Pacer results Weaker auto shipments torpedoed earnings at the 3PL.
Polar Air Cargo cuts workforce The carrier will lay off 10% of its workers as part of across-the-board cost reductions.
Suit alleges Taylor controls Liberian -flag franchisee In another of the unseemly spats that do little to enhance the credibility of the open registry system, International Registries, Inc.(IRI) has filed suit against Liberian International Ship and Corporate Registry,
NNS gets $9.3 million CVN 70 contract Newport News Shipbuilding has been awarded a contract valued at approximately $9.3 million for preparations in advance of the overhaul and refueling of the nuclear-powered aircraft carrier USS Carl Vinson (CVN 70) scheduled for 2004.
Costa targets German market Costa Cruises, a unit of Carnival Corporation will launch a new cruise product aimed exclusively at the German market beginning in spring 2002.
Cascade General "set to buy back Cammell stake" According to the Financial Times, PwC, the receiver to Cammell Laird, is close to a deal to sell Cammell's 49 per cent stake in the Portland, Oregon, Shipyard to Cascade General, the majority shareholder.
Cho Yang to sell off golf course as Iranians chip in CHO Yang is fighting hard to stay in business, with assets put up for sale as the troubled South Korean line struggles to sort out its finances and pay off creditors, writes Matthew Flynn. ...
CMA CGM cool on prospects for 9,000 teu boxships THE company thought to be among the front-runners to order the first containerships in excess of 9,000 teu is actively trying to discourage vessels of that size being built at this stage. C...
Enforcement cost of OPA 90 regulations put at $11bn Costs of implementing the 11 principal OPA 90 regulations will be approximately $11bn, according to US Coast Guard Atlantic Strike Team commanding officer Gail Kulisch. The costings for com...
EU 'must end curbs on German shipyards' IF THE European Union is really serious about fighting the threat from South Korean shipbuilders' dumping practices it should immediately lift the capacity restrictions on eastern German ship...
BG joins dash for gas with US terminal deal BRITISH energy group BG has made a strategic thrust into the world's largest gas market by securing all of the available capacity at one of only four US liquefied natural gas terminals. ...
Hydro Air (Johannesbourg) concentre ses activités à Ostende L’aéroport d’Ostende accueille depuis novembre dernier l’avion de la compagnie sud-africaine Hydro Air, mais la présentation officielle de l’appareil et de la compagnie s’est déroulée à Ostende seulement avant-hier, pour marquer le 250e vol.
European Rail Shuttle ambitionne sa propre traction L’opérateur en combiné ferroviaire European Rail Shuttle, filiale du groupe Mærsk Sealand pour 50% et de P&ONL pour les 50% restants, mène ses activités tambour battant. Il opère actuellement au rythme de 160 départs par semaine et ce vers 17 directions. Via l’autre opérateur BoxXpress, dont il détient près de 50% (les autres partenaires étant Eurogate Intermodal et Netlog), ERS couvre une large partie de l’Europe et manifeste progressivement d’autres ambitions.
KLM triple pratiquement son bénéfice opérationnel La compagnie aérienne nationale néerlandaise KLM a enregistré d’excellents résultats au cours du dernier exercice, qui se clôture le 31 mars pour cet opérateur. Le bénéfice net est toutefois resté en-deçà des prévisions des analystes du secteur. Suite au recul économique au quatrième trimestre, KLM est très prudent quant à l’avenir.
IBM conclut des contrats d’outsourcing avec les postes allemande et suédoise Le géant en informatique IBM a conclu deux contrats, avec la poste allemande et la poste suédoise. IBM donnera ses activités de transport en sous-traitance à Securicor Omega Euro Express et Danzas Eurocargo et reprendra toutes les activités IT de la poste suédoise. Au début de l’année, la poste belge avait déjà annoncé la création d’un consortium avec IBM comme actionnaire minoritaire.
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