The federal government has given a new August 2018 deadline for completion of the 323km Itapke -Warri rail project. Sunday Okobi takes a look at the feasibility or otherwise, given that the contract terms gave March 2019 as the delivery date. In August 2017, the Minister of Transportation, Rotimi Amaechi, conducted a site inspection
Ethiopian Airlines Marks 100th Aircraft in Active Service
Ethiopian Airlines has announced that it would take delivery on June 5, 2018 of its 100th aircraft, a Boeing 787-900, the first for an African airline to operate 100 aircraft fleet in the history of the continent, thus maintaining its pioneering aviation technology leadership role and ascertaining its leadership position
Customs Moves to Bar Retired Officers from Direct Clearing of Cargoes
The Nigeria Customs high command has taken steps to bar retired officers and men of the service from engaging in direct clearing of cargoes at the nation’s seaports and borders. THISDAY investigation revealed that the move was sequel to barrage of petitions especially by indigenous licensed clearing agents and freight forwarders,
Air France-KLM invests in CSafe’s new cool-chain containers
Air France KLM Martinair Cargo has acquired the services of cool-chain container manufacturer CSafe Global to utilize its CSafe RAP active-temperature-controlled containers, specially designed for pharmaceutical transportation. The RAP container – equipped with a compressor-driven cooling and heating system – was approved by the European Aviation Safety Agency (EASA) in January. Designed
Rolls-Royce says tripling capacity to fix Trent 1000 engine problems
FILE PHOTO: A view of one of two Rolls Royce Trent 1000 engines on a Boeing 787 Dreamliner during a media tour ahead of the Singapore Airshow on February 12, 2012. REUTERS/Edgar Su/File Photo London (Reuters) - Britain’s Rolls-Royce said it would add maintenance facilities and people to triple its capacity to
Buffett proposed to invest $3 billion in Uber, but talks failed: Bloomberg
FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. Billionaire Warren Buffett had proposed to invest $3 billion in Uber Technologies Inc [UBER.UL] earlier this year, but the talks failed following disagreements over the deal’s
Demonstrations in Brazil, Canada, Italy could mean logistics delays
Truckers block the federal highway BR-116, which connects to Mercosur countries, to protest rising fuel costs, in Embu das Artes, on the outskirts of Sao Paulo, Brazil, Thursday, May 24, 2018. (Andre Penner/Associated Press) Concurrent labour actions and protests from various logistics sectors’ unions could potentially send ripples through the supply
Deutsche Post DHL says Streetscooter flotation possible
The production line of the new StreetScooter electric delivery van is pictured during an opening tour in Dueren near Cologne, Germany, May 30, 2018. REUTERS/Wolfgang Rattay DUEREN, Germany (Reuters) - Deutsche Post DHL could envisage floating its Streetscooter electric van business, which is expanding internationally, on the stock market, but not for
E-Commerce Between USA and Nigeria Made Easy By Moov Africa
Moov Africa has opened its e-commerce portal, branded Shop2Me, to the Nigerian public, on the company’s main website, www.moovafrica.com. The online portal assists discerning shoppers to make purchases of vital goods in USA from the comfort of their homes or offices in Nigeria, while they pay in the local currency, Naira. Shop2Me
Truck blast injures eight at UPS facility in Kentucky
Scene from the explosion this morning at a UPS maintenance facility. Some shipments may be affected as officials investigate the Wednesday morning explosion in Lexington. An explosion damaged a UPS freight hub Wednesday morning in Kentucky's second-largest city, sending multiple people to the hospital in what fire officials described as an accidental