BILLION DOLLAR NEWS CAPSULES – TOURISM


You may find it easy to reach a specific section of Billion Dollar News Capsules document by Clicking on following links:

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

A..


Arshiya Rail Infrastructure, part of Arshiya International recently signed a long term deal with GATX India, a subsidiary of GATX Corporation, to lease its rakes to ARIL. GATX globally is one of the world’s leading railcar leasing companies. This relationship will help Arshiya Rail migrate its business to a capex lean model, resulting in lower gearing and improved margins as ARIL expands its business.American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 3.1 percent in February, following a revised gain of 1.3 percent during the previous month. In February, the index equaled 131.6 (2000=100), the lowest level since September 2014. Compared with February 2014, the SA index increased 3 percent, although this was the smallest year-over-year gain since June of last year and below the 2014 annual increase of 3.7 percent.


Algerian railways operator
SNTF and Kapsch CarrierCom have signed a contract on a joint rail-telecommunications venture. The main goals of the partnership are to establish railway telecommunications know-how in Algeria and to build, supply and maintain the Algerian railway network with state-of-the-art telecommunications technology.
Amtrak reported unaudited record revenue totaling approximately $3.2 billion for the fiscal year, representing the fifth consecutive year of revenue growth, and the eighth out of the past nine years. In FY 2014, America’s Railroad covered 93 percent of its operating costs with ticket sales and other revenues, up from 89 percent the year before.
Amtrak is establishing a blue ribbon panel of rail and transportation leaders to identify infrastructure and operational improvements to address the rail traffic gridlock in Chicago. The unprecedented level of rail congestion is causing major delays for Amtrak passengers and freight shipments which are damaging to the U.S. economy.
Agility signed a Memorandum of Understanding with Etihad Rail, the developer and operator of the UAE’s national railway network on an agreement that will enable Agility to use Etihad Rail’s services for distribution in the UAE and the Gulf Cooperation Council (GCC).
American International Group announced that it has expanded excess casualty liability limits for Class 1 railroads in the U.S. and Canada to $1 billion per occurrence. This coverage for catastrophe losses would be in excess of $1.5 billion in underlying limits, and is one of the largest capacities offered to the rail industry by a single insurer.

ABF Freight’s tonnage per day increased in the quarter to date, and Saia reported its less-than-truckload tonnage per day climbed 7.6 percent. The company also reported LTL tonnage per day increased 7.2 percent compared with the same period in 2013.Avis announced a new partnership agreement with SriLankan Airlines. Through the new partnership, the Airline’s frequent flyers, FlySmiLes members will have the opportunity to earn and redeem miles from Avis car rentals.

Agility, has been awarded the contract to provide international freight and on-site handling services for Gastech 2015, to be held at Singapore EXPO in Singapore from 27–30 October 2015.

Automobile Manufacturer’s Association (ACEA) of Europe has welcomed the adoption of the European Parliament’s regulation on reducing noise emissions from commercial vehicles and cars over the next 12 years. The new legislation will ensure emission targets phased in by 1 July 2016, 2020 and 2024 which would, in turn, ensure the most powerful trucks reducing their noise outputs from 81 decibels to 79 decibels. Other commercial vehicles will be given a margin of between one and nine decibels over the new car limit of 68 decibels, depending on the power of the vehicle. The European Parliament recently voted that all new types of vehicles registered after July 2016 will have to abide by the new regulations. Whilst the vans will have to produce two decibels less than their current level, the trucks will have to produce it one decibel less. By the second and third phase in 2020 and 2024, this legislation will apply to all new vehicles on the road, as noise emission targets become more stringent.

Alexander Global Logistics,member of the Cargo Equipment Experts CEE network in Germany, announced that that it undertook transportation of two large spare-part units for heat exchangers with dimensions each 7,04 m x 7,12m x 4,12 m and each 46 tons of weight from Germany to Egypt. The scope of work for the extraordinary transportation work included pre-carriage overland, port handling both in Germany and Egypt, seafreight, customs clearance in Egypt and transport to job-site Alexandria in Egypt in addition to the surveys conducted by the company’s own staff in both load- and discharge ports.

Arriva launched a ground-breaking transport project that would enable it to operate the first electric wirelessly-charged buses in the UK. The newly launched all-electric bus route will test whether electric buses can perform at par with their diesel counterparts in a real-world operational environment. The buses operating on Arriva the Shires’ route 7 will run for five years in a carefully monitored demonstration programme, which will objectively assess their technical and commercial viability.
Asda Logistics Services (ALS) has strengthened its commitment to reducing carbon emissions with the introduction of 50 dual-fuel Volvo FM tractor units at its newly opened distribution centre at, Asda Avonmouth, Bristol – the largest single order of dual-fuel trucks to date. The new dual-fuel vehicles are the latest development in Asda Logistics Service’s (ALS) transport sustainability strategy following the fewer, cheaper miles policy to complement the greenest depot in the Asda estate.
Association of American Railroads reported that Intermodal rail volume for the week ended Nov. 16 rose 7% from the same period last year recording the 20th consecutive rise. According to the report, the traffic increased to 266,643 trailers and containers. Rail carload traffic rose 2.4% to 295,563 year-over-year, the rail trade group said.

American Trucking Associations’ advanced seasonally adjusted tonnage reached another all-time record during the month of August, registering an increase of 6.9% year-over-year to 126.9 as trucking activity continued to improve. The previous rise of this index to its peak was 125.9 recorded in June. The year-over-year gain, considered as the largest monthly rise since December 2011, increased tonnage by 5% for the first eight months of the year.A.R.T. Logistics,a leading project Logistics Company focused on Central Asia, Russia and the CIS, has increased its Less-Than-Truckload service connecting Europe to Mongolia to three times a month using three trucks. The development of mining operations in Mongolia and the supply of equipment as well as general supplies are driving demand for transport services from Europe to the mine sites.A.R.T. Logistics established its operational hub in Vilnius, Lithuania in 2008. 25 European countries are connected with multiple destinations in Central Asia on existing lanes and now with Ulan Bator in Mongolia on the new service through Vilnius warehouse.American Trucking Associations’advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index slipped by 0.4% in July after edging 0.1% higher in June. The latest drop was the first to be felt since April. In July, the SA index equaled 125.4 (2000=100) as against 125.9 in June. June 2013 is the highest level on record. As compared to July 2012, the SA index increased 4.7%, which although robust, is the smallest year-over-year gain since April.
American Trucking Associations’ advanced seasonally adjusted (SA) ‘For-Hire Truck Tonnage Index’ fell 0.2% in April after rising 0.9% in March. In April, the SA index equaled 123.2 (2000=100) versus 123.5 in March. The highest level on record was December 2011 at 124.3. Compared with April 2012, the SA index was up 4.3%, which is the largest year-over-year gain since January of this year (4.7%). Year-to-date, compared with the same period in 2012, the tonnage index is up by4%. The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 125.9 in April, which was 0.5% above the previous month (125.2).
Alataw Pass checkpoint bordering Kazakhstan posted a year-on-year 23.2 per cent increase in rail freight volume to about 4.49 million tonnes in the first quarter this year. The rapid growth of the freight volume is attributed to the rail departments from China and Kazakhstan that have set up effective information sharing system at their checkpoint stations to meet strong trade demand from Central Asia as well as their efforts to enhance customs clearance efficiency.
AssetWorks, a leading provider of fleet management software, automated fuel management systems and motor pool and car sharing management systems, announced that A. Duie Pyle (ADP) has contracted to purchase AssetWorks FleetFocus Fleet Management Software, FleetFocus, to manage their diverse and growing fleet.
American Trucking Associations, on Earth Day, was honored by the Environmental Protection Agency as one of seven winners of the 2013 SmartWay Affiliate Challenge Awards. ATA was honored for recruiting 14 fleets with nearly 2,700 trucks to join the SmartWay Transport Partnership and for promoting SmartWay’s benefits to its members and to policymakers. “Increasingly, companies are becoming cognizant of their carbon footprint and reducing greenhouse gases,” said ATA President and CEO Bill Graves, “however, fuel efficiency has always been of critical importance for trucking and ATA, which is why our participation in EPA SmartWay is a no-brainer. We’re proud of our history with the program and honored to be recognized with so many other leaders in improving freight sustainability.” The SmartWay Affiliate Challenge is a national challenge developed by EPA to acknowledge SmartWay Affiliates that have initiated and executed exceptional recruiting, promotional and marketing activities in support of our shared goals to reduce truck emissions and improve freight efficiency. These affiliates serve as role models for other SmartWay affiliates and partners.


A.R.T. Logistics has launched a twice-monthly Less-Than-Truckload service connecting Europe to Mongolia. A.R.T. Logistics established its operational hub in Vilnius, Lithuania in 2008. 25 European countries are connected with multiple destinations in Central Asia on existing lanes and now with Ulan Bator in Mongolia on the new service through Vilnius warehouse.

Agility, has expanded its offering to customers with the opening of a state-of-the-art logistics center in Melaka on the Malay Peninsula. This new, bonded warehouse will support a variety of industry sectors, including automotive and the growing alternative renewable energy industries in Melaka. The new warehouse facility has a capacity of 47,500 square feet, which includes a maximum racking capacity of 5,000 pallet positions.

Agility, announced winning of “Global 3PL of the Year” for the third year in-a-row at the prestigious Supply Chain Asia Logistics Awards in Singapore. In the highly competitive categories, Agility took the accolade following a ballot of Supply Chain Asia magazine readers and a final decision by a panel of distinguished judges comprising of Asia’s leading supply chain academics and leaders.

A.R.T. Logistics, has opened its global headquarters in Hong Kong. The company works with large multinational companies in the oil & gas, power generation and mining sectors in Kazakhstan, Kyrgyzstan, Azerbaijan, Mongolia, Russia, Belarus and has offices in Frankfurt, Lithuania, Russia, Kazakhstan.
Audi is all set to start up a production unit at the Aurangabad plant of Volkswagen group firm Skoda. The company, which assembles sedans A4 and A6 along with SUV Q5 at the Aurangabad plant, is looking at an installed capacity of 3,000 cars a year at the new unit.
Ashok Leylandis scrutinizing the possibility of launching a hybrid version of its Optare buses in India. The company holds a 75 per cent stake in UK-bus maker Optare. The company already has electric vehicles under the Optare portfolio.
Association of American Railroads reported that the U.S. intermodal traffic rose by 5.6 per cent during the second week of July 2012. Container traffic rose to 178,416 units, while trailers fell by 5.3 per cent to 24,946 units. Railroad carloads excluding intermodal dipped by 1 per cent to 243,156 units. Railroad volume is considered an important economic indicator. Intermodal traffic, which uses train as a mode of transportation for the long haul trips and trucks for the shorter distance run the either end of the trip, is considered to be higher-valued merchandise than bulk commodities.
Ashok Leyland, in accordance with an order worth $7.6 million, has supplied 100 buses to Ghana. These vehicles were inducted into the fleet of Metro Mass Transit. Ashok Leyland has become the first commercial vehicle manufacturer to introduce a mechanical inline fuel injection with a Euro 3 engine and electronic destination board in Ghana.

Agility, a leading global logistics provider, has relocated its Penang warehouse and office in an effort to meet the growing demand for integrated logistics services in Malaysia. The state-of-the-art facility has approximately 60,000 square feet of warehouse space and 20,000 square feet of office space.

AltAd, upon acquisition of its French counterpart TLW Leclerc, claimed the top spot for heavy lift transport in Europe. According to the company, acquisition of TLW Leclrec, which is based in Valenciennes, in northern France, will allow the group to strengthen its domestic coverage and also develop its presence in the Benelux countries with an expanded logistics offering to and from the ports of Antwerp and Zeebrugge. The company also announced that it is investing €37 million in acquiring 70 new cranes.

Agility reported a net profit of KD 3.5 million and earnings per share of 3.45 fils, an increase of 114% for both from same period in 2010. Fourth quarter revenue fell by 5%, from KD 368.6 million to KD 352 million, largely because of the loss of government contracting business.

American Trucking Associations reported that truck tonnage rose 5.5% in February from the same month last year. The year-over-year increase followed a 3.1% gain in January that was revised down from the 3.6% originally reported. February tonnage gained 0.8% from January.

Agility recently received the Quality Management System (ISO 9001:2008), Environmental Management System (ISO 14001:2004) and Occupational Health & Safety (OHSAS 18001:2007) certifications for its Ho Chi Minh City, Hanoi, Danang and Bac Ninh locations.

Amtrak is moving forward with an aggressive agenda for 2012 and building for the future while strengthening current services. Among the key actions planned in the New Year are building the first units of 70 new electric locomotives and 130 new single-level long-distance cars, the national roll-out of eTicketing to all trains, and the further integration and advancement of Northeast Corridor (NEC) planning efforts to improve the existing Corridor and develop a high-capacity, next-generation high-speed rail (NextGen HSR) system.

Agility emerging markets logistics Index released showed that China was ranked first; India second and Brazil third. In spite of the economic slowdown and political upheaval, output of these powerhouse economies and the so-called “Arab Spring” countries are now viewed as more attractive places to do business. Saudi Arabia and United Arab Emirates (UAE) came in Nos. 4 and 5, and Indonesia and Russia at Nos. 6 and 7, respectively. Malaysia moved up three places from last year’s rankings to land at No. 8. Chile was No. 9, and Mexico was No. 10, falling two places.

Agility, a leading global logistics provider, and Schmidt Heilbronn, a leading European dry bulk chemicals logistics provider, launched SAMEL, a joint venture. This partnership will address the sharply increasing need – especially across the Middle East – for dry bulk solutions on the back of rapid growth in chemical manufacturing in the region.The joint venture combines Schmidt Heilbronn’s specialized expertise in bulk polymer logistics with Agility’s global logistics network, strength in emerging markets and in-house chemicals specialty.

Amtrak hosted local and state leaders in a Civic Conversation with a special focus on the development of stations on routes along Amtrak’s Northeast Regional, Adirondack, Vermonter, Ethan Allen Express and Downeaster routes during its 8th Civic Conversation event in Burlington, Vermont.

Agility, received the award for “Global 3PL of the Year” for the second year running at the prestigious Supply Chain Asia Logistics Awards in Shanghai. Agility also claimed a second honor – the “Green Supply Chain” award.

Agility received the Transported Asset Protection Association (TAPA) Trucking Security Requirement (TSR) Classification 1 (2008) certification for its trucking operations in Hong Kong. The certification process involved inspections and quality benchmarking of a broad range of operations to ensure security is at internationally recognized levels.

Agility, a leading global logistics provider, has received the Transported Asset Protection Association (TAPA) Trucking Security Requirement (TSR) Classification 1 (2008) certification for its trucking operations in Hong Kong. The certification process involved inspections and quality benchmarking of a broad range of operations to ensure security is at internationally recognized levels.

Acer’s exclusive cargo train service from Chongqing to Germany has started its first run from Chongqing’s Tuanjiecun Railway Container Terminal which is a 13 days journey.

Aramex PJSC, the global logistics and transportation solutions provider, has announced that it recorded net profit of AED 48 million in the third quarter, up 3 percent year on year.

Agility has been awarded a five year contract by Henkel China to be the exclusive logistics partner for its mega HUB project, “Project Dragon.”

American Railcar, of USA is adding hundreds of jobs at factories in Arkansas and Missouri to fill orders piling up from freight haulers. The company had been hurt by the recession and was down to fewer than 400 employees at its three plants, before it began hiring again this year. It now employs approximately 1,000 workers.

Australia’s National Transport Commission is set to finalise a plan calling for a national road network for B-triples – trucks with three semi-trailers with a total length of up to 35 metres. Giant triple-trailer trucks could be allowed on more of Australia’s major highways as part of a radical scheme that could save the industry up to A$1 billion (US$963 million).

Agility was recently awarded the “Best Corporate Social Responsibility Practice” award at the Asia’s Best CSR Practices Awards event in Singapore. Donovan Neale-May, Executive Director at CMO Council, commented, “Asia’s Best CSR Practices Award recognizes those aspects in CSR where there was valuable contribution and a spirit of giving.

ABF Freight System said it will raise its rates by about 6.9%. “Rates will increase by about 6.9%, although the effect on specific lanes and shipments will vary,” ABF Freight, a unit of Arkansas Best Corp., said.

Agility and Schmidt Heilbronn, a top European dry bulk chemicals logistics provider, recently signed a memorandum of understanding (MoU) formalizing a long-term collaboration. Schmidt Heilbronn and Agility have been cooperating since 2008 and the MoU marks a further step in their partnership. Schmidt offers specialize dexpertise in bulk polymer logistics and has worked closely with Agility on the Shanghai Logistics Hub project.

Axeon, Europe’s largest independent lithium-ion automotive battery supplier, has been awarded research funding from the EU to reduce the weight, volume and cost of batteries in electric and hybrid vehicles as part of a consortium programme called SmartBatt.

AutoInfo third-party logistics provider said its 2010 earnings rose to $3.1 million, or 9 cents a share, from $1.4 million, or 4 cents, the year before.Revenue rose to $279.7 million from $183.9 million in 2009, the company said. “2010 was a most rewarding year,” said Harry Wachtel, president of the company. “We experienced growth in all of our business lines and service offerings. We are poised to capitalize on an improved business environment and we will continue our agent network expansion efforts and seek out strategic growth opportunities.”

American Trucking Associations said truck tonnage jumped 6% in October from a year ago, the 11th straight year-over-year increase. The upturn left the index at a reading of 112.9, ATA said in its monthly seasonally adjusted for-hire truck tonnage index. Tonnage is up 6.1% for the year compared with the same period in 2009, matching last month’s report, the group said.

Agility and Linfox Logistics have formed an alliance to focus on major oil, gas and mining projects, primarily in remote areas of Australia. The two companies already provide logistics services with Agility as the lead logistics provider and Linfox providing specialised transport and warehouse services.

Amadeus and Deutsche Bahn, the German national railway company, have announced the opening of Deutsche Bahn’s first agency in China, using booking technology from Amadeus to sell tickets for both Deutsche Bahn and other European railway providers.

Aramex, the global logistics and transportation solutions provider, announced that it has been awarded Class A status by the Transported Asset Protection Association (TAPA) for its Amsterdam facility in The Netherlands. TAPA is a unique forum which unites global manufacturers, logistics providers, freight carriers, law enforcement agencies and other stakeholders with the common aim of reducing losses from international supply chains. The association has developed a worldwide freight security standard which specifies minimum acceptable security requirements for assets travelling throughout the supply chain and the methods to be used in maintaining those standards. Class A accreditation means that the Amsterdam facilities comply with the highest levels of security under TAPA.

Agility, a leading global logistics provider, has announced the official commencement of operations in Cambodia with the opening of an office in Phnom Penh. The opening supports Agility’s network growth strategy and further strengthens its operations in Indochina.

Agility, a leading global logistics provider, announced its appointment as the official logistics provider for the New Zealand Olympic Committee (NZOC). The partnership agreement means that Agility will be responsible for handling the logistics requirements for New Zealand teams competing in events such as the Commonwealth Games in Delhi later this year through the London Olympic Games in 2012.

Agility, relocated to a new modern facility in Ho Chi Minh City located close to the Tan Son Nhat International Airport. The new office is 550 sq m and will act as the headquarters for Agility Vietnam and Indochina.

Agility currently has three offices in Vietnam in Danang, Hanoi, and Vung Tau and over 120 employees. The new Ho Chi Minh office is part of Agility’s ongoing investment in rapidly growing emerging markets in Southeast Asia. Agility’s own refrigerated trucks offer delivery across Vietnam and investment is under way for cross border transportation options and a multi-user facility in the Ho Chi Minh area.

Anil Dhirubhai Ambani Group firm Reliance Infrastructure has signed an agreement with the National Highways Authority of India for developing the Rs.3,000 crore Delhi-Agra highway project. “R-Infra has signed a concession agreement for six-laning of the 180-km stretch of the Delhi-Agra road project,” the company said in a statement.

Association of American Railroads said Traffic totaled 231,286 trailers and containers for the week ended July 5. Intermodal rail traffic jumped 36.6% compared with a year ago.

Apollo Tyres, Leading tyre manufacturer, is planning to invest Rs 1,100 crore to increase production capacity of its facilities in India as well as overseas during 2010-11. The expansion programme will be funded by a combination of debt and internal accruals. The company is planning to increase the capacity of its plants at Chennai, Baroda and Kochi to 1,400 to 1,500 tonnes per day and also of its facilities located at Netherlands and South Africa.

Agility, a leading global logistics provider celebrated the opening of the Shanghai Logistics Hub. As one of the biggest facilities of its kind in China to date, the 66,000 sq m hub will receive and distribute up to 600,000 tons of polyolefins annually from Borouge’s plant in Abu Dhabi, UAE.

Agility Abu Dhabi designed, constructed and owns this state of the art facility and will manage operations and distribution to the Asian market over 10 years.

ArvinMeritor Inc. said it posted a second-quarter profit on cost cuts and higher auto production.Its profit for the fiscal quarter was $13 million, or 16 cents per share, compared with a loss of $49 million, or 67 cents, a year ago.

American Public Transportation Association has launched a Center for High-Speed Rail, aiming to ‘advance and promote high-speed rail in the United States.’ Announced on January, this will build on the work of APTA’s existing High-Speed & Intercity Rail and Legislative committees.

AAC Capital Partners (“AAC”), a leading Northern European mid-market buy-out firm, has acquired a majority stake in Envirotainer.

ArvinMeritor said its fourth-quarter loss narrowed and the company announced several executive appointments. The company lost $12 million, or 17 cents a share, in the fiscal quarter ended Sept. 30, compared with $153 million, or $2.12 per share, a year ago.

Agility signed an agreement to acquire Baisui United Logistics (Shanghai) Co. Ltd., a Shanghai-based domestic logistics company focusing on the chemicals, automotive, and fast moving consumer goods (FMCG) sectors.

Allied Express Transporthas won the ‘Excellence in Customer Service Award’ at the 2009 BRW ANZ Private Business Awards held in Sydney.

ArvinMeritor Inc. Vehicleparts maker said it will invest up to $10 million in its commercial vehicle business in Brazil. Chief Executive Officer Chip McClure said the investment is part of company’s “focus on becoming a global commercial vehicle company.” Its production in South America is up 9% from a year ago, he said.

American Megatrends India (AMI India), launched their vehicle tracking system (VTS) brand Falcon-i. Falcon-i has been designed, developed in India and will be manufactured at the AMI India’s factory located in Chennai.

Abu Dhabi Department of Transport (DoT) announced that it hosted the 13th Air Transport Research Society World Conference at the Hilton. DoT is bringing this international event to Abu Dhabi to support and promote the continued growth and success of the aviation and tourism sectors, and to further enhance the Emirate’s reputation as a global industry hub and centre for innovation and excellence.

Atom Technologies, has tied-up with Paulo Travels, to provide ticket booking and payments services over the phone. This facility will be available to customers in cities such as Goa, Hyderabad, Pune, Bangalore, Mangalore, Mumbai, Hampi (Karnataka) and Karwar (Karnataka), Ahmedabad, Mysore.

Agility Project Logistics announced that it has entered into an agreement with Chevron Australia Pty Ltd (“Chevron”) for supply base operations and transportation services to support the Gorgon Project.The Gorgon Project is a joint venture between the Australian subsidiaries of Chevron (Operator), Exxon Mobil and Shell, to develop the Greater Gorgon gas field located between 130km and 200km off the north-west coast of Western Australia.

AvtoVAZ, Russia’s largest carmaker, announced a loss of 6.33 billion rubles ($198 million) in January-March 2009 against a net profit of 281 million rubles ($8.8 million) in the same period of 2008. Revenues in the reporting period declined 54.6% to 16.99 billion rubles ($530.9 million). The carmaker has suspended production several times this year amid declining sales and demand and also due to payment disputes with car part suppliers.


B..

BMW Group supports a paradigm shift to cities based around people rather than cars. Electric car sharing represents an important pillar of the BMW Group’s efforts to help create a sustainable model for urban mobility, reduce traffic volumes and improve the quality of life in cities.

Bombardier Transportation has signed two contracts with Transport for London (TfL) to build and maintain 45 new four-car electric multiple units (EMUs). The first contract is a Manufacturing and Supply Agreement (MSA) covering the design, manufacture, commissioning and entry into service of 180 new vehicles, and the second is a 35-year Train Services Agreement (TSA) providing maintenance for the new vehicles.
Bombardier Transportation has won a contract to supply 162 BOMBARDIER MOVIA metro cars to Delhi Metro Rail Corporation Ltd (DMRC). The new trains will increase the number of DMRC’s existing fleet of MOVIA metros from 614 to 776 and make it one of the largest metro fleets in the world.

BMW Motorrad delivered the first fleet of the electric scooter BMW C evolution to local police in Barcelona. The first completely electrically powered scooter manufactured by BMW Motorrad will allow the police to move with maximum efficiency and zero emissions. The BMW C evolution is BMW Motorrad’s answer to zero-emissions urban mobility.
Bureau of Transportation Statistics reported that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in January dropped 1.2 percent to $89.3 billion.

BNSF Railway Company announced that its 2015 capital programme for its operations in Kansas will be an estimated $ 103 million for rail maintenance and capacity improvement projects, including improvements at the railroad’s Logistics Park Kansas City intermodal facility.

BNSF Railways invested billions in shoring up its operations. But in addition to hiring more than 7,000 new workers and spending $ 5.5 billion on improvements to its 32,500-mile (52,300 kilometer) network, the railway also has done something unexpected: it pulled thousands of rail cars off its lines, Reuters reported.

Bombardier Transportation has won a 10-year contract to maintain Trenitalia’s fleet of 50 V300ZEFIRO very high speed trains, known in Italy as the Frecciarossa 1000. The contract will be executed in association with Bombardier’s consortium partner AnsaldoBreda, an Italian rail transport engineering firm.
BMW Group delivered more than two million vehicles to customers in 2014, the company’s fourth record year in a row. A total of 2,117,965 BMW, MINI and Rolls-Royce vehicles were sold, more than ever before in the Group’s history.

Bombardier Transportation
won an order to supply 42 Regio 2N train sets to the Syndicat des Transports d’Ile-de-France (STIF) and SNCF. This order for 42 double-deck trains is an additional order in the framework of an ongoing contract signed in 2010 and is valued at approximately 397 million euro ($484 million US).
BMW expects its luxury car sales to increase in 2015, building on last year’s solid expansion, even as economic growth in core European markets stalls and geopolitical risks persist. Business activity is restrained in large parts of Europe, destination of more than 40 percent of BMW’s sales, yet the Munich-based company expects demand for its luxury models such as the 3-Series, 5-Series and X5 to continue luring customers into its showrooms.
Britain’s first ‘poo bus’ will take to the road, powered entirely by human and food waste. The 40-seat “Bio-Bus” runs on biomethane gas, generated through the treatment of sewage and food waste. It can travel up to 186 miles on one tank of gas, which takes the annual waste of around five people to produce. The bus is run by Bath Bus Company and will transport passengers between Bath and Bristol Airport.

BMW
i8 – the first BMW plug-in hybrid sports car built with the revolutionary LifeDrive architecture and advanced lightweight material like carbon-fibre-reinforced-plastic (CFRP), is now available at Performance Motors. The BMW i8 features the latest BMW EfficientDynamics technology, including a rear-mounted 1.5-litre three-cylinder petrol engine with BMW TwinPower Turbo technology that can generate up to 231hp and a maximum torque of 320 Nm.

BMW
Asia has introduced the BMW 2 Series Active Tourer, a premium compact class model that skillfully blends comfort and functionality of space with the trademark BMW strengths of dynamism, style and elegance. Following on from the Coup as the second member of the new BMW 2 Series range, the harmoniously proportioned Active Tourer oozes sportiness from every angle.
BMW Asia presents the new BMW 4 Series Gran Coup. This is the first four-door Coup in the premium midsize class Coup that combines the sleek look of a two-door Coup with the functionality provided by four-doors and expansive spaciousness and boot space.
BMW Group opens first driving center in Asia. The BMW Group has driving experience centers in both Germany and the US, however the driving center in Korea is the first one worldwide to combine both a driving track and a dedicated brand experience.
BMW Group and Samsung SDI plan to expand their supply relationship for battery cells for electro-mobility. The two companies signed a memorandum of understanding to this effect in Seoul. Samsung SDI will supply the BMW Group with battery cells for the BMW i3, BMW i8 and additional hybrid models over the coming years.
BMW Group Asia has concluded 2013 with a new record of a total sales of 11,008 units of BMW and MINI vehicles thereby registering an increase of nine percent as compared to 2012 in its East Asia region comprising of 14 markets that include Singapore, Indonesia, Vietnam, Philippines, Sri Lanka, Brunei, Bangladesh, Guam, Mongolia, New Caledonia, Tahiti, Cambodia, Laos and Myanmar. Sales of BMW vehicles in the East Asia region has increased by 8.7 percent in 2013 to reach 9,918 units as against the previous year’s record of 9,128 units while MINI achieved a remarkable 12.6 percent increase with total sales of 1,090 units as against the previous year’s total of 968 units.
BMW Asia has unveiled the third-generation BMW X5, an all-round Sports Activity Vehicle (SAV) that is equipped to meet the most exacting and varied demands. The new BMW X5 will make its local debut in three variants viz a V8-powered BMW X5 xDrive50i with up to 450hp, the 306hp petrol six-cylinder engine BMW X5 xDrive35i and a six-cylinder in-line diesel-powered BMW X5 xDrive30d with up to 258hp.

Bombardier Transportation has won the first contract awarded by ADIF as part of the upgrade of the Mediterranean Corridor between Alicante and Barcelona to deliver its BOMBARDIER INTERFLO 200 mainline solution. The section between San Vicente and Tarragona will be equipped by Bombardier, part of a longer section of the Mediterranean Corridor being equipped by a consortium comprising Bombardier and other signalling equipment suppliers. The total contract is valued at approximately 61 million euro ($80 million US), with Bombardier’s share valued at approximately 17 million euro ($22 million US).

BMW Concept Active Tourer Outdoorwas introduced at the OutDoor Friedrichshafen Fair, treating the premium compact segment to another view of how interior space can be cleverly utilised for sport and leisure purposes. This concept car presents solutions that take a fresh route to combining sporting aesthetics and style with sustainable drive technology, compact dimensions and functionality.Bombardier Transportationhosted the world premiere of the Frecciarossa 1000 very high speed train at its Vado Ligure site in Italy. Built by Bombardier Transportation and its consortium partner AnsaldoBreda of Italy, the Frecciarossa 1000 is the newest member of the BOMBARDIER ZEFIRO family of high-speed trains and is known as the V300ZEFIRO model.

Bombardier Transportation continues to shape the future of mobility, responsibly. A structured stakeholder analysis helped to shape Bombardier Transportation’s CSR agenda and with it, CSR standards for the entire rail industry.

Bombardier Transportation proved that its TRAXX AC Last Mile locomotive is closing the logistics gap in the rail sector during a customer and press event in Velim, Czech Republic.The Last Mile mode, a combination of diesel engine and support traction battery premiered by Bombardier, allows rail vehicles to overcome short distances without catenaries.
BMW and MINI recorded seven first places in the “The best brands in all classes” poll of just under 100,000 readers carried out by German motoring magazine Auto Bild. Three of these came courtesy of BMW in the “Good looks/style” category for mid-range, executive and luxury-class cars, while MINI came top of the “Best design” rankings for small cars. BMW also led the way in the “Sporty engines”, “Advanced technology” and “Well-connected cars” categories.
BMW of North America announced the expansion of a partnership with Fairmont Hotels & Resorts that will offer complimentary local shuttle service in BMW vehicles at all Fairmont properties in the United States. The U.S. program will be an extension of a program that was initially launched in Canada and will feature the BMW 750i Sedan.
BMW Group and Toyota Motor Corporation (TMC) are pursuing their successful strategic long-term cooperation in the field of sustainable mobility by signing binding agreements aimed at long-term collaboration between the two companies for the joint development of a fuel cell system, joint development of architecture and components for a sports vehicle, and joint research and development of lightweight technologies. These agreements follow a memorandum of understanding signed in June 2012.

BMW Group intends to grow in the U.S. in the current year. Last year, the BMW Group reported its best year ever in the United States with over 347,000 vehicles sold – an increase of 13.8%. Worldwide, the BMW Group expects sales to increase in 2013. BMW also plans to introduce three new diesel models to the U.S. in 2013, in addition to the highly successful BMW X5 35d, which reported a sales increase of 39% last year to over 10,000 vehicles (10,276).BMW Motorrad

supplied a total of 106,358 motorcycles and maxi scooters to its customers worldwide as against the 104,286 sold during 2011, thereby achieving a new all-time sales high. In the month of December deliveries increased by 43.4 % to 6,069 as compared to the 4,232 units sold during the same period of the previous year . The strongest single market in 2012 was Germany once again. 20,516 vehicles remained in the domestic market, around one fifth of all supplies.

Bombardier Transportation will deliver its globally proven ERTMS solution for the 340 km Warsaw to Gdynia section of Poland’s E65 line, linking the capital with the Baltic Sea. With Bombardier’s second major delivery of ERTMS technology in Poland, the entire northern section of the Pan-European Rail Corridor VI will be interoperable, allowing trains from other countries to travel between Gdynia and the Czech border.

BMW Z4 Roadsterrepresents the interplay of classical proportions and state-of-the-art technology. An updated version of the modern classic is set to arrive in BMW showrooms in time for spring 2013.The new BMW Z4 represents a time-honored and yet contemporary interpretation of the traditional roadster concept. New exterior features, detailed interior refinements, the new Hyper Orange design package, as well as availability of the full range of BMW ConnectedDrive features all provide fresh impetus and lend the BMW Roadster even greater appeal and individuality.

BMW announced the release of a second major wave of BMW M Performance Parts designed and tested for the new BWW 3 Series and current 5 Series Sedan models.

BMW Group experienced growth on all continents in November and achieved another record month in sales. With 170,932 BMW, MINI and Rolls-Royce brand automobiles delivered worldwide, sales were 23.0% higher than 138,954 delivered in the same month last year.

BMW Concept 4 Series Coupe, the latest generation of the BMW 3 Series Coupe and Convertible, leads the way worldwide in the premium mid-range coupe and convertible market.BEML, a public sector company under the Ministry of Defence, Government of India, has won orders worth USD 0.1 bn from Saudi Arabia and the Indian Railways.

BMW announced a portion of its lineup to be displayed at Los Angeles International Auto Show. From the exotic BMW Concept i8 Roadster to the versatile new BMW Concept K2 Powder Ride based on the popular new BMW X1with graphics designed by Designworks USA, the company will showcase a comprehensive product arrangement which strikes the perfect balance of high performance, innovative efficiency, and outstanding design.
C..

Con-way Truckload and Menlo Logistics, were honored as industry leaders in environmental performance and energy efficiency with SmartWay Excellence Awards from the U.S. Environmental Protection Agency (EPA).CEVA Logistics

has completed changes to its US LCL export system that have cut up to 14 days from the total transit times offered by other operators.CEVA has nearly doubled its own Container Freight Stations network, from 26 to 48 locations, replacing a number of outsourced locations. It has also switched collections from shippers, and freight transfers to its own stations at the ports of loading, to its own road vehicle operation, CEVA Ground.CEVA Logistics

has received the 2015 Top Transport Award, selected among the automotive Industry cargo shippers serving the Brazil market. In its ninth year, the Top Transport Award competition included a total of 17 categories – 16 specialties and a national preference.CEVA Logistics

has received the 2015 Top Transport Award, selected among the Automotive Industry cargo shippers serving the Brazil market. In its ninth year, the Top Transport Award competition included a total of 17 categories – 16 specialties and a national preference.
CEVA Logistics launched Orion Mobility, an application that is part of Orion TMS (Transportation Management System), which will enhance the quality of its services in the Brazilian Ground Transport market by improving TMS visibility of road trips and by providing real-time data to its customers, partners and monitoring team.CEVA Logistics announced its extended collaboration with 3M to be their preferred logistics service provider in warehouse management and distribution in Singapore, Malaysia and Indonesia. Under the terms of the renewed contract, CEVA will operate both 3M’s Regional Distribution Center (RDC) and national DC in Singapore, with an increased warehouse footprint to nearly 28,000 sq m in total.

CEVA Logistics has announced the launch of a new weekly LCL (Less-than-Container Load) service from Singapore to New York. This is the first guaranteed weekly service direct to the U.S. from Singapore as part of the company’s initiative to enhance its LCL offerings serving Trans-pacific needs. The weekly direct sailing service will take approximately 23 days from port to port, providing customers with predictability and better control of their cargo movement.CEVA Logistics has signed a long term contract with Universal Music, to manage their Contract Logistics operations in Brazil. CEVA will be responsible for the entire logistics for Universal Music in Brazil, South America, including warehousing activities (inbound, outbound, storage, inventory control), distribution (Air and Ground), transportation management, POD (Proof of Delivery), fiscal management, delivery monitoring and reverse logistics.

CEVA Logistics turned in a solid Second Quarter performance in the face of several industry headwinds and significant exchange rate fluctuations. Second Quarter revenue of $1,776 million was up 0.3 percent year-over-year in constant currency driven by volume growth, partially offset by freight rates and fuel prices.

CarWale group recorded 21.09 million visits in the month of July 2015, registering a 47 percent growth over the same period last year. Of the total visits, CarWale recorded 16.34 million visits, while its two-wheeler counterpart BikeWale clocked 4.74 million visits in June. Comparing numbers from 2014, BikeWale is evidently on a roll with a whopping 60 percent YoY increase in traffic.

CEVA Logistics announced the opening of a global distribution centre for industrial spare parts, consisting of warehousing space of 12,000 sq m and a yard of 10,000 sq m in Born, the Netherlands. The new centre features 28,000 bin locations and 3,000 sq m floor storage in the warehouse, and a yard of 4,000 racking locations and 4,500 sq m floor storage.

CEVA Logistics was presented with the Best Logistics Provider – Seafreight award at the Asia Freight, Logistics and Supply Chain (AFLAS) Awards held in Hong Kong.

CEVA Logistics has won a two year extension for customs brokerage services with Volvo Cars of North America. The company, headquartered in Rockleigh, New Jersey, is the U.S. subsidiary of the Swedish luxury automotive manufacturer. CEVA’s U.S. customs brokerage team had been providing services to Volvo through an initial one year contract, which was subsequently extended.

CEVA Logistics announced it has signed a deal with TANAP (Trans Anatolian Natural Gas Project) to manage the logistics operations for the movement of giant pipes. TANAP aims to transport 16 billion cubic meters of natural gas from the Caspian Sea in Azerbaijan to Turkey, and to Europe through Turkey at an estimated cost of $10 billion.

CargoSphere announced Livingston International’s commitment to a long-term contract to support expansion of their global freight forwarding and NVOCC (non-vessel operating common carrier) business areas.

CEVA Logistics has announced the opening of a local distribution center for Magneti Marelli After Market Parts and Services, a division dedicated to the independent spare parts network and after sales market, consisting of 1,600 sq m in Padua Interporto, Italy.

Candian National Railway announced that it has moved 4,700 grain hoppers weekly in Western Canada, a 21 per cent increase than the same period in 2013-14.

Canada is strengthening proposed new safety standards for rail cars carrying crude oil, requiring thicker steel and other improvements. The latest Transport Canada proposals, published go beyond earlier announcements by requiring rail cars carrying crude to have thicker steel, full “head shields,” mandatory thermal ‘jacket’ protection among other upgrades.

CEVA Logistics held the opening of its West Hub and the new headquarters for South East Asia, attended by CEVA’s CEO, Xavier Urbain. The West Hub occupies 48,000 sq m of warehouse and office space, with more than 300 personnel serving multi sector customers at the facility.

CEVA Holdings LLC reported results for the three months ended 31 December 2014. Freight Management volume trends remained healthy in the quarter, with Air Freight volume growing six per cent, outpacing the market.

CEVA Logistics announced that it has won a new contract with Xiaomi to operate their warehouse and distribution in Malaysia. Xiaomi’s unique business strategy of selling products directly to consumers, primarily through their online site, Mi.com requires the company to have a strong supply chain management provider who understands e-commerce and is able to handle their distribution center’s logistics needs from end to end.
CEVA Logistics has expanded its market presence in Chicago with the opening of a fourth facility.The company’s Chicago operations near O’Hare International Airport (ORD) now encompass four facilities totaling over 650,000 sq. ft. (60,387 sq m) and 115 total dock doors.
China Railway Construction Corp plans to privately place shares to raise as much as 9.9 billion yuan ($1.6 billion) to invest in domestic rail and tram projects, it said in a prospectus. The railway builder will issue up to 1.38 billion yuan-denominated Shanghai-listed A-shares at 7.20 yuan per share, it said.
CEVA Logistics has signed a three year contract worth almost €2 million per annum with Ludendo Commerce Iberia, to manage the handling, storage and delivery of its products in Spain.
Canadian Automobile Association and VIA Rail Canada (VIA Rail) have partnered to make train travel even more affordable, with new discounts designed exclusively for CAA Members.
CEVA Logistics has been named Logistics Company of the Year in Italy for the fifth time by Assologistica. in recognition of CEVA’s TechCity – a logistics hub dedicated to the warehousing, handling and cross-docking of products for the electronics sector – which was opened in June 2014.
Copyright © 2017 - The Stat Trade Times. All Rights Reserved.