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- Edition: 1512
Headlines
Contents US Airways, American defend planned merger
US Airways defended its proposed merger with American Airlines, arguing that the deal would create US$500 million in savings to consumers annually by building a stronger competitor to Delta Air Lines and United Continental, reported Reuters.
Lianyungang port, Kazakhstan rail to jointly build logistics centre
The municipal government of Lianyungang city, east China's Jiangsu province, has inked an agreement with Kazakhstan's state-owned railway company to expand channels for cargo transport, according to a governmental source, reported Xinhua.
Dalian emerges as core city in northeast region
Dalian, a leading city in Liaoning province, has witnessed rapid development in recent years and has benefited from the development and opening-up of the Liaoning Coastal Economic Belt.
China iron ore demand boosts capesize market
While a glut of vessels is keeping shipping container rates well below their pre-crisis peaks, the cost of shipping industrial commodities hit near two-year highs in recent days, helped by Chinese demand for iron ore and growing political risks, reported
UK beer delivery workers set to strike
Workers who deliver beer, lager and soft drinks to pubs, clubs – and Downing Street – will today stage a 24-hour strike in a row over jobs, according to Press Association National Newswire.
Qatar Airways to join oneworld
Qatar Airways will become a full member of oneworld with effect from October 30, adding one of the world's fastest growing and most highly rated airlines to the world's leading quality airline alliance.
Yangtze River launches Schiphol freighter service
Yangtze River Express is the latest freighter operator to introduce services to Amsterdam Airport Schiphol.
Lines fail to get rate rises on Asia-Europe route
Global container lines have failed to push through increases in the rates they charge for freight on routes from Asia to Europe as the world's oversupply of merchant vessels threatens to compress returns for the industry.
$10m shot in the arm for Port of Baltimore
US Vice President Joe Biden highlighted a US$10 million federal grant for improvements at the Port of Baltimore as part of a larger push to help modernise the nation's maritime infrastructure, reported The Washington Post.
| | Board changes at NOL
Container carrier Neptune Orient Lines (NOL) announced Bruno Sidler will join its board on September16.
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