Transport Archives — Page 41 of 48

November 21, 2016 No Responses

CMA CGM records $202m net loss in third quarter

French shipping major, CMA CGM reported a net loss of USD 202 million in the third quarter of 2016, while its revenue for the quarter fell by 16.3 percent to USD 3.33 billion, excluding NOL contribution. The company explained that, including...

November 19, 2016 No Responses

VW loses more European market share

Volkswagen Group lost market share in Europe for the 14th straight month, data from an industry association, ACEA has revealed. Much of the decline has coincided with the automaker’s emissions-cheating scandal that erupted in September 2015, giving c...

November 19, 2016 No Responses

Trial of Driverless bus begins in Japan

A Japanese company has brought us a step closer to autonomous public transport with its Robot Shuttle. Already, the electric Robot Shuttle has completed its first public trials, traversing a 400 meter section of public road along Lake Tazawa in...

November 19, 2016 No Responses

Dana Air partners Spectranet on free wifi, pledges on-time performance

Dana Air has assured passengers of the company’s commitment to on- time performance even as aviation fuel (JET A1) scarcity across the country worsens. Dana Air said in spite of the scarcity of aviation fuel, it’s on time performance is still...

November 16, 2016 No Responses

Forum tasks Lagos Govt on maritime related scholarship for indigenes

Citing urgent need to acquire knowledge and skills in maritime and oil related disciplines, the just concluded All Nigerian Maritime Journalists Retreat has advised the Lagos State Government to establish special scholarship scheme for Badagry and other indi...

November 15, 2016 No Responses

‘Only 3000 out of 10,000 kilometers of Nigeria’s waterways are navigable’

The National Inland Waterways Authority (NIWA) has only succeeded in exercising the powers vested on it by the Act establishing Nigeria’s over 3000 kilometers of navigable waterways from Nigeria/Niger and Nigeria/Cameroon borders to the Atlantic Ocean. The G...

November 12, 2016 No Responses

Auto makers seek review of fuel efficiency mandate

(Auto News)-Donald Trump has been President elect for just a few days, but the auto industry has already started considering how his intention to reduce regulation could benefit carmakers. A lobbying group called the Alliance of Automobile Manufacturers has s...

November 12, 2016 No Responses

Dana Airlifts four million passengers in eight years

Dana Air marks 8th anniversary of its commercial flight operations. The company has also used the opportunity to reaffirm its commitment to provide “safe, reliable and customer–centric air transport services to its teeming guests”. The airline in a st...

November 11, 2016 No Responses

Anxiety as Hilux, Ranger battle for pickup of the year award

The struggle between Toyota Hilux and Ford Ranger for relevance and more market share in Nigeria has continued unabated. Indeed, the old rivalry between Hilux and Ranger for the juicy pickup market in Nigeria has again taken the front...

November 10, 2016 No Responses

Europe: Arik gets certification

The European Aviation Safety Agency (EASA) has granted Arik Air Third Country Operator (TCO) authorisation, which allows it to operate to any European country. The airline made the announcement in a statement by its Communications Manager, Ola Adebanji, which ...

November 9, 2016 No Responses

Senate faults rail track concession deal with General Electric

Citing lack of due process, the Nigerian Senate on Tuesday commenced investigation into the concession of Eastern and Western rail lines to General Electric (GE). According to the Senate, the contract entered into with the United States Company did not...

November 9, 2016 No Responses

Rail track concession: Deliberate undervaluation, lack of due process

By Segun Esan and Romanus Emezie – On August 12, 2016, the Vice President of Federal Republic of Nigeria announced that the Bureau of Public Enterprises (BPE), in collaboration with Infrastructure Concession Regulatory Commission (ICRC), established th...

November 7, 2016 No Responses

Rail conveys 2,330 cattle to Lagos in two months

Between September and October 2016, the Nigerian Railway Corporation (NRC) transported 2,330 cattle from the North to Lagos. Lagos District Manager, Jerry Oche made this known in an interview with the News Agency of Nigeria (NAN) in Lagos. He...

November 7, 2016 No Responses

Poetsch, VW Chairman under investigations

Car giant Volkswagen says German prosecutors have expanded their probe of the emissions scandal to include the firm’s chairman of the board. Hans Dieter Poetsch was chief financial officer when the scandal over cars rigged to cheat on US diesel...