Trucking companies accelerated big-rig orders for the fourth consecutive month, bolstered by strong manufacturing activity and an improving freight market. In September North American carriers ordered 22,100 Class 8 trucks, the heavy-duty vehicles used to haul freight long distances, according to a preliminary report from freight transport analysts FTR. That was
Year: 2017
3% levy on wet cargo begins November 1, 2017
Operators in the maritime industry may have to brace for a tougher regulatory regime as the Nigerian Maritime Administration and Safety Agency (NIMASA) plans to tighten safety regulations in the sector. As part of the reforms, ship registration processes will be automated and made available online. Tankers operating in the
Walmart escalates fierce battle with Amazon
Walmart acquires delivery startup Parcel to help it own New York City with same-day delivery. Walmart announced on Tuesday that it had acquired Parcel, a New York-based logistics firm. Parcel has warehouses in Brooklyn and a network of couriers that partner with brands like Bonobos to offer same-day delivery in certain areas. Walmart's acquisition
Royal Air Force jets escort Ryanair flight amid fears of security threat
PHOTOS: Ryanair flight being escortsed into Stansted by RAF Fighter jets LONDON (AP) — Royal Air Force Typhoon jets escorted a Ryanair flight from Lithuania to London Stansted after what appears to be a hoax security threat. The plane was traveling from Kaunas, Lithuania to Luton Airport but was diverted to Stansted. All
Japan Raids Two Nissan Vehicle Plants Over Improper Quality Checks
OKYO (Reuters) - Japan’s transport ministry said on Wednesday it had carried out spot inspections at two plants producing Nissan Motor Co Ltd (7201.T) vehicles as part of a probe into final checks, days after irregularities forced the automaker to recall 1.2 million cars sold in Japan. The two inspections on
Kenya Minibus “Matatu” convert passengers to internet users
Travelling from Nairobi central business district (CBD) to the working-class suburb of Rongai normally takes 45 minutes to two hours, depending on traffic. Inside the “Ferguson” Matatu (A decoreated minibus or Taxi Used in Kenyan)– named for its colourful images of the former Manchester United manager – half a dozen passengers
General Motors, Ford, Toyota post sharp Sept sales gains
-Heavier consumer discounts and surging demand to replace hurricane-damaged vehicles gives auto makers momentum (Marketwatch) -Major auto makers posted mostly solid sales gains in September amid heavier consumer discounts and surging demand to replace hurricane-damaged vehicles, giving the industry relief from months of declining results and some momentum heading into the
Ford Chief Outlines Investment Shift Away From Passenger Cars
Jim Hackett, chief executive of Ford Motor, had promised a plan to improve the company’s “fitness” and strategic direction. CreditJoe Vaughn for The New York Times New York (NYT) - Ford Motor’s new chief executive offered a blueprint on Tuesday to take advantage of changing customer tastes and new technologies such as
How Uber C.E.O. Aims to Win Back London
LONDON (NYT) — Less than two weeks after being stripped of its license in London, Uber has gone on a charm offensive to win it back. Even as the ride-hailing company’s board grappled with internal divisions and a major investment hung in the balance, the company’s new chief executive, Dara Khosrowshahi,
How G.M. and Ford Plans to Expand Electric Car Models
DETROIT (NYT)— China has said it will eventually ban gasoline-powered cars. California may be moving in the same direction. That pressure has set off a scramble by the world’s car companies to embrace electric vehicles. On Monday, General Motors, America’s largest automaker, staked its claim to leadership. Outlining a fundamental shift