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Government tightens air cargo security measures
The Federal Government plans to amend Australia’s aviation security laws in an effort to bolster earlier detection of potential terrorism and criminal activities.
Recovery might not save smaller freight firms
The economic downturn could send an increasing number of small to medium road transport and logistics firms to the wall, even as the recovery gets underway, Ferrier Hodgson partner Brendan Richards said yesterday.
Toll looks overseas for future growth
The reliance of Toll Holdings on the Australian and New Zealand markets would likely decrease over time as the transport and logistics giant shifts its focus to Asia, managing director Paul Little has reiterated.
Sinopec says second Timor Sea gas leak is minor
A new gas leak has come to light in the Timor Sea, with the Western Australian Greens demanding Chinese firm Sinopec release all information on an incident which has reportedly been ongoing for eight weeks.
All Hapag-Lloyd staff face salary cuts
Hapag-Lloyd has confirmed an internal announcement of an across-the-board pay cut of at least 5% for all staff worldwide, including seafarers, with senior employees facing a 20% reduction in salary.
Freightways cautious despite bullish result
New Zealand express logistics firm Freightways has ridden out the Australasian economic downturn in some style, chairman Wayne Boyd told the company's annual meeting yesterday.
World's largest cruiseship delivered
STX Europe’s Turku shipyard in Finland has delivered the world’s largest cruiseship, Oasis of the Seas, to US cruise line Royal Caribbean International.
