File Photo: Air travellers at Murtala Mohammed International Airport Ikeja Lagos - (The Guardian) - Activities of unaccredited and fake travel agents in the country now account for the loss of travel fares and revenue in excess of 40 percent of the total cash flow from passengers travelling international routes. The loss,
Year: 2017
How Amazon filled up Seattle’s airport and what it means for HQ2
How Harley-Davidson is Trying to Get More People to Ride Motorcycles
2018 Harley-Davidson Fat Bob 114 beauty Harley-Davidson is fresh off a better-than-expected third quarter but the quarter wasn't without its continued challenges, especially in the U.S. market. Shares of the legendary motorcycle maker popped 2% on Tuesday as third-quarter earnings came in at 40 cents a share, beating analyst forecasts of 39
BMW Headquarters Searched By EU Investigators
EU officials inspected the Munich offices this week BMW has confirmed its head office was searched this week by European Union officials investigating an alleged cartel among five German carmakers. EU investigators are looking into allegations that BMW, Daimler, VW, Audi and Porsche colluded to limit their spending on emissions technology. BMW
Airbus turmoil overshadows bid to rescue Bombardier CSeries
FILE PHOTO: An Airbus A320neo aircraft and a Bombardier CSeries aircraft are pictured during a news conference to announce a partnership between Airbus and Bombardier on the C Series aircraft programme, in Colomiers near Toulouse, France, October 17, 2017. Picture taken October 17, 2017. REUTERS/Regis Duvignau/File Photo PARIS (Reuters) - Airbus’s coup
Toyota to halt operations at all Japan plants as typhoon precaution
Shoppers walk under umbrellas as Typhoon Lan approaches Japan's mainland, in Osaka, western Japan TOKYO (Reuters) - Toyota Motor Corp will suspend operations at all of its assembly plants in Japan, including those of its subsidiaries, from Monday morning as a precautionary measure as a powerful typhoon approaches Japan’s mainland, a spokesman
Nigerian Importers to pay Additional N98.8bn Surcharge to Foreign Shipping Companies
Foreign Shipping lines are putting financial pressure on Nigerian Importers Lagos - A new surcharge by Foreign shipping lines on importers bringing cargoes into Nigeria, tagged Ports Additional Destination (PAD) has commenced on Tuesday, October 10, 2017 and attracts a charge of N38,000 for 20 ft container while a 40 ft container is N76,000. With
Forwarders Look To Secure Airfreight Capacity For Busy Peak
Freight forwarders are bracing for a busy peak period by securing air cargo capacity under block space (BSA) and ACMI agreements. Speaking shortly after announcing third-quarter results, Panalpina said it expected capacity to be an issue while slot constraints at airports, a veiled reference to the issues at Schiphol, would also create
Rail Freight is Losing Market Share
A Burlington Northern Santa Fe (BNSF) Railway Co. grain train sits docked at a transloading facility at the Port of Galveston in Galveston, Texas, U.S Texas U.S - State of Logistics report for the year 2017 shows that in the US the faster and more reliable modes have grown year-over-year. These faster
Red Star Express Plc celebrates its 25th Anniversary in Grand Style
File Photo: Activities to celebrate the 25th anniversary of Red Star Express Plc kicked off in grand style at the Head Office on July 11, 2017 when the GMD, Sola Obabori unveiled the fabricated 3D version of the above 25th-anniversary logo. Credit: RSE Corporate Affairs Dept It’s a Silver Jubilee! Lagos -