Transport Archives — Page 43 of 49

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 sent a...

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...

November 5, 2016 No Responses

BMW explains increase in third-quarter profit

(Bloomberg/Reuters)- BMW Group’s third-quarter profit rose 1.1 percent as demand for its SUVs propelled sales in Europe and China, offsetting a slump in the U.S. Earnings before interest and taxes climbed to 2.38 billion euros ($2.64 billion) from 2....

November 5, 2016 No Responses

Dana Air named official airline for 2016 legislative summit

Dana Air has been announced as official airline of the House Representatives 2016 Legislative Summit on Sustainable Development Goals, scheduled to hold on the 22nd and 23rd of November 2016, at the National Assembly Complex, Abuja. This year’s summi...

November 5, 2016 No Responses

Vegetable Season: CMA CGM upgrades six services from Morocco to Russia, Europe, Middle East

CMA CGM has announced the deployment of its upgraded transportation offer to Morocco for the export of citrus fruits and vegetables. Under the arrangement, six maritime services will provide Moroccan producers unparalleled export solutions with ten weekly ca...

November 1, 2016 No Responses

Arik Air lifts 19.5m passengers in 10 years

Despite various challenges, Arik Air has in the ten years of its operations flown over 19.5 million passengers. Managing Director, Chris Ndulue, explained on Monday that the Airline has grappled with a myriad of challenges in one decade of...

November 1, 2016 No Responses

FG to adopt new ship finance model

Minister of Transport, Rotimi Amaechi has pledged the commitment of the Federal Government to adopt resolutions reached at the proposed Nigeria Ship Finance Conference. Speaking at a pre-event dinner in Lagos, Amaechi said: “I assure you that whatever dec...

October 29, 2016 No Responses

Hyundai, Kia in $41.2m settlement with states

(Auto News)-Hyundai Motor Company and Kia Motors Corporation have opted for a $41.2 million settlement with attorneys general from 33 states and the District of Columbia. The development will close the remaining investigations into the automakers’ overs...