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Tata to produce 40% of trucks in Nigeria

Tata Africa Services Nigeria Limited says it plans to manufacture 40 percent of its trucks being sold in the country locally from next year. It also hinted about establishing a production centre for vehicle components in Nigeria as part of its contribution to the development of the nation’s automotive industry. These disclosures

Panalpina reports increased airfreight volume, continued slump in ocean freight sector

Switzerland-based forwarder Panalpina released its financial results for the first quarter of the year, reporting increases in overall profitability, with earnings before interest and taxes (EBIT) up in its Air Freight and Contract Logistics divisions, but down in its weakening Ocean Freight division. Overall EBIT came in at US$25 million, a

NSC Orders Multinational Shipping Companies to make refund within 4 days of return of empty containers or stop collection of Deposit

...agency also demanded stoppage of indemnity being demanded from customs agents and a waiver of demurrage caused by the gridlock on the roads leading to the Lagos ports as a matter of national interest. Following complaints from shippers about their nightmare over container deposit, the Nigerian Shippers Council (NSC), the ports economic

U.S. diesel fuel prices highest since 2015

U.S. diesel fuel prices highest since 2015 The average price for a gallon of on-highway diesel fuel hits $3.104, with prices the highest in California, according to the U.S. Energy Information Administration.   The average price for a gallon of on-highway diesel in the United States stands at $3.104 per gallon, the U.S.

Boeing delivers first 737-800 freighter conversion

 The new Boeing 737-800BCF freighter conversion features 12 pallet positions on the main deck. (Image: Boeing)   Sweden-based West Atlantic Group will operate the plane, which it expects will “improve reliability, lower aircraft operating costs and provide a better environmental footprint.” Boeing delivered its first 737-800 passenger plane converted to freighter service this

AIB releases final reports on 6 air accidents in Nigeria

The Nigerian Accident Investigation Bureau (AIB), yesterday released final reports of six air accidents and serious incidents that occurred in the Nigerian aviation industry between 2009 and 2014. Among the reports released was the accident involving an Associated Air aircraft with registration number, 5N-BJY, carrying the corpse of erstwhile Governor of Ondo

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