Tesla Introduces one of the first Model 3 cars off the Fremont factory's production line Reuters - Tesla Inc (TSLA.O) said on Friday it has increased its borrowing capacity for a car lease program to $1.1 billion from $600 million. The move comes as the electric car maker spends heavily to
Author: Casandra Aniemeke
Nigeria Seeks $36 Billion To Complete Railway Projects
Abuja - Nigeria's Minister for Transport, Chibuike Amaechi, had disclosed Thursday that the Federal Government needs a total of $36 billion to complete its rail projects across the country. The Minister made this statement at the National Assembly while responding to the lawmakers on the Federal Government's bid to borrow
Kenya To Reduce Traffic Congestion In Nairobi
Traffic snarl in Nairobi, Kenya .....Heavy Traffic has for long been the bane of Nairobi Nairobi- Kenya - The Kenya Urban Roads Authority (KURA) is attempting to reduce traffic snarl-ups in Nairobi by automating traffic management. This will be done through the Intelligence Traffic System project, which will replace the 100 roundabouts in Nairobi
Two Billion Litres Of Petrol Stored For End-Of-Year Movement – NNPC
Petrol storage tanks Abuja Nigeria - The Nigerian National Petroleum Corporation (NNPC) had announced on Tuesday that it had stored over two billion liters of Premium Motor Spirit, also known as petrol, to ensure a hitch-free end-of-year movement of motorists. Knowing that the end-of-year period had been hitherto characterized by scarcity
St. Helena Airport Welcomes First Commercial Flight
...Flight lands 45 minutes late South Atlantic Ocean - The first ever scheduled flight to British overseas territory St Helena has landed but was 45 minutes late. The UK taxpayer-funded development on the remote South Atlantic island welcomed its first 78 commercial airline passengers at just before 2 pm on Saturday. The
Royal Air Maroc Launches New Freight Transport from North America to Africa
Royal Air Maroc (RAM) says its new service, which aims to make it easier for Moroccan and other African communities to relocate in North America is currently available with promotional fares until November 15 of this year. On October 7, RAM Cargo sponsored a football game between New York’s Red Bulls and Vancouver’s White
USPS plans to deploy self-driving mail trucks by 2025
USPS self-driving mail truck The U.S. Postal Service (USPS) Inspector General’s office says it anticipates that autonomous vehicle technology will add only $7,000 to $10,000 to the purchase price of a postal truck by 2025. The United States Postal Service (USPS) will work with the University of Michigan on an autonomous mail
If freight forwarders don’t digitize, they may get left behind
Image: Freighter aircraft Halliburton’s logistics manager for Europe, Eurasia, and Sub-Saharan Africa believes that forwarders must step up to the plate and embrace digitization if air cargo is to move forward, The Loadstar reported. One suggestion for progress is the adoption of technology, a feature most shippers now expect, but which some freight
FedEx Chooses Project44 Tech To Connect Chippers With Truckers and 3PLs
FedEx -has started using application programming interfaces (API) from logistics software provider project44, to connect its less-than-truckload (LTL) division to shippers and third-party logistics providers (3PLs). The deal means that project44 subscribers now have access to real-time data from the largest LTL trucking operation in the country, which, in turn, means
Air France-KLM, Jumia Partners offers More Value To Customers
(Lagos)-Air France KLM and Jumia Nigeria have announced a unique partnership to reward Nigerian-based flyers registered with the airline’s Flying Blue loyalty programme. The Partnership - The Flying Blue initiative which was signed in Lagos recently is to give customers additional value for their money, exposing them to over 1,000,000 product