Lagos - Red Star Express Plc has released its audited reports for the financial year which ended March 31, 2018, showing a rise in turnover to N8.4 billion from the N7.3 billion the previous year. The revenue growth was attributed to new business initiatives and expansion currently being driven by the
Month: August 2018
Truck owners demand compensation over Apapa gridlock
Lagos - Truck owners plying the access roads along Lagos ports have said that they deserve to be compensated for the number of days their trucks spend in queuing in the persistent traffic gridlock while trying to gain entry into the ports. The Chairman, Road Transport Employers Association of Nigeria, Haulage Section, Tin
Ikorodu Lighter Terminal records growth in containerised, cargo haulage
About four months after the commencement of movement of containers from the Apapa Port Complex by sea to the Ikorodu Lighter Terminal in barges for collection by trailers to other parts of the country, Connect Maritime Services Limited operating the service says it has continued to record growth in the
Lufthansa reports robust growth in Q2 financial report
Yesterday, Germany-based Lufthansa reported solid results for its logistics division for 1H 2018, with earnings before interest and taxes (EBIT) up 48 percent year-over-year to €125 million, from €84 million on revenues that were up 12.3 percent to €1.3 billion. The carrier’s traffic rose only slightly in the first six months
USA’s TSA will install 40 luggage CT scanners in airports this year
The technology gives agents clearer views of luggage contents. The TSA has been using CT scanners to screen airline passengers' luggage since last year -- early tests of the technology have been taking place in Phoenix's Sky Harbor International Airport and Boston's Logan International Airport. But now, the agency has shared its plans for CT technology going