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Nigerian Govt Signs $6.68 Billion Contract on Ibadan-Kaduna Rail

A section of the Ibadan-Kaduna Rail project. The federal government of Nigeria on Tuesday signed $6.68 billion contract agreement for the Ibadan-Kaduna segment of the Lagos-Kano rail line with China Civil Engineering Construction Corporation (CCECC). The information is in a statement by Yetunde Sonaike, the Director, Press, Federal Ministry of Transportation in Abuja. Mrs.

DHL, Rail Cargo Group, expand China’s ‘Belt-Road’ plan with new Chengdu-Vienna route

Left to right: Erik Regter (Member of the Board RCG), Thomas Kowitzki (Head of China Rail, Multimodal Europe, DHL Global Forwarding), Thomas Kargl (Member of the Board RCG), Christoph Wahl (Managing Director Austria, DHL Global Forwarding) and Clemens Först (Spokesperson of the Board RCG) In a deal spanning six countries and

Asia-Pacific carriers experience robust cargo growth, higher yields, in 2017

With major manufacturing economies in the Asia-Pacific region benefitting from increased trade activity, the area’ airlines reported a robust 9.6 percent jump in international air cargo traffic as measured in freight tonne kilometers (FTK) for the year, according to preliminary aggregated financial performance figures released over the weekend by the

Walmart ends grocery delivery deal with Uber and Lyft

In 2016, Walmart announced that it would begin testing grocery delivery in conjunction with Uber and Lyft. Today, however, Reuters reports that those partnerships have come to an end, which was confirmed by Walmart and Uber.  TechCrunch first reported in 2015 about Uber’s plans to launch a merchant delivery system, wherein goods from retailers would be

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