January 2012
Economic development and transport performance in OECD and EU countries will slow down and stagnate in 2012, following a feeble economic growth in 2011, according to the IRU Road Transport Indices. The IRU (International Road Transport Union) indices compare GDP growth, road freight transport volumes and new vehicle registrations in 58 countriesalso predicted that the BRIC countries would continue to outperform OECD countries in terms of growth in tonnes transported ...
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Evergreen has joined other major worldwide container carriers in merging some of its services with its competitors. The Taiwanese-owned line said it would strengthen its cooperation with the CKYH-the Green Alliance group of operators in the Asia-Europe and Asia-Mediterranean trades from the second quarter of 2012.
Although Evergreen will not be ...
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Far East carrier Jade Cargo services said it had “temporarily suspended” its operations on 31 December. It blamed overall weak air cargo demand. However, the suspension would “also provide the shareholders with an opportunity to coordinate with stakeholders to continue with the restructuring of the company’s financial structure”, it added ...
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