Chris
IAG Cargo says its commercial revenue (flown revenue plus fuel surcharges) in 2014 fell 7.5% compared with 2013, to €992m. But on a like for like basis, adjusting the prior year’s figures to reflect its reduced freighter operations, commercial revenue increased 2.4% compared with last year.
CEO Steve Gunning said the carrier had “delivered on our promise to lead the industry in sensible capacity management; replacing our freighters with capacity ...
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The Munkebo Maersk has broken the record for largest ship to ever sail up the River Thames and to call at the new DP World London Gateway deep-sea port. The 18,300teu Munkebo Maersk is one of the largest container vessels in the world, operating on Maersk’s new East-West Network. She ...
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There is a depressingly familiar theme to the list of top five reasons for claims in multimodal transport, says the TT Club. The international transport, freight and logistics insurance provider found that 66% of its claims by number and 62% by value over five years can be categorised into just ...
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MSC is introducing a new Australia Express link to Northern Europe. A fleet of 12 4,800teu vessels will operate between Sydney, Melbourne, Adelaide, Fremantle, Singapore, Chennai, Colombo, King Abdullah Port (Saudi Arabia) to Gioia Tauro and Valencia, with weekly connections to and from the UK and Ireland.
MSC has also restructured ...
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Stena's new Superfast X ferry for its Holyhead to Dublin route has left the Polish shipyard in Gdynia where she was being prepared for her launch on the service. With ten decks, the Stena Superfast offers almost two kilometres of lane space for freight traffic and other vehicles and can ...
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FPS Famous Pacific Shipping BV has launched a new, weekly ocean LCL service from Rotterdam to St. Petersburg and vice versa for general groupage cargo. It is a direct alternative to the historic routing via Vilnius, cutting transit times from 15 to four days, it says. FPS can also offer ...
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Samskip Van Dieren Multimodal has started a rail shuttle services between Duisburg, Germany and Malmö, southern Sweden. It offers a 17-hour transit time and six weekly departures northbound and southbound, with on-connections to the rest of Europe by barge, rail, shortsea or road. The shuttle is open to all types ...
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UK and international rail operator Freightliner has been sold to Genesee & Wyoming (G&W), a US-based railroad company.
G&W has entered into an agreement to acquire Freightliner Group from Arcapita, Freightliner's majority shareholders since 2008.
The new owners said there would be no impact on the day to day operations of the ...
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The European Parliament's Committee on Transport endorsed revised regulations on truck weights and dimension on 24 February, in a compromise worked out with the Council.Maximum weight for trucks using alternative fuels such as hybrid or electric engines would be raied by a tonne and longer overall lengths would be allowed ...
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Finnair Cargo has joined IAG Cargo’s Partner Plus programme, which allows members to interline on each other’s aircraft on a commercially booked basis. It gives customers better connections, confirmed bookings and a higher on-load priority.
IAG Cargo CEO, Steve Gunning, commented: “Our Partner Plus programme is much more than a standard ...
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