silkrails

Rails

Trains suspended due to typhoon Ampil — July 23, 2018

Trains suspended due to typhoon Ampil

SILKRAILS.WORDPRESS.com (GCTL8.com – FocusAsia Media Ltd)

SHANGHAI, Jul 21 (FAM) – Ninety trains departing from or pass through Shanghai from July 21 to July 23 will be suspended due to typhoon Ampil.

Passengers can go to the ticket windows at the three railway stations for a full refund within 30 days.

 

Advertisements
H1 box traffic at Kaohsiung port remains unchanged —

H1 box traffic at Kaohsiung port remains unchanged

SILKRAILS.WORDPRESS.com (GCTL8.com – FocusAsia Media Ltd)

TAIPEI, Jul 19 (FAM) – The Port of Kaohsiung in Taiwan handled 2,622,238 TEUs in the second quarter of the year, up 2.3% from a year earlier.

For the first six months of 2018, container throughput at Taiwan’s gate port remained almost unchanged at 5,183,803 TEUs, up 0.01% year on year.

 

China posts 6.7% quarterly GDP growth —

China posts 6.7% quarterly GDP growth

SILKRAILS.WORDPRESS.com (GCTL8.com – FocusAsia Media Ltd)

BEIJING, Jul 19 (FAM) – China has posted second quarter GDP growth of 6.7 per cent reported CNBC News, slightly lower than the 6.8 per cent gain in the first quarter of 2018.

The barely perceptible decline was ascribed to Beijing’s crackdown on risky credit practices. But the official reading was in line with expectations from analysts polled by Reuters.

 

Cathay June cargo rises 5.8% to 180,354 tonnes —

Cathay June cargo rises 5.8% to 180,354 tonnes

SILKRAILS.WORDPRESS.com (GCTL8.com – FocusAsia Media Ltd)

HONG KONG, Jul 19 (FAM) – Cathay Pacific Group announced that it carried 180,354 tonnes of cargo and mail in June, a year-on-year increase of 5.8 per cent.

Cargo and mail load factor rose 2.3 percentage points to 70.6 per cent. Capacity, measured in available freight tonne kilometres (AFTKs), was up two per cent while cargo and mail revenue freight tonne kilometres (RFTKs) increased by 5.5 per cent.

 

Delta and Korean deepen air cargo cooperation —

Delta and Korean deepen air cargo cooperation

SILKRAILS.WORDPRESS.com (GCTL8.com – FocusAsia Media Ltd)

SEOUL, Jul 19 (FAM) – Delta Air Lines Cargo and Korean Air Cargo are deepening their level of air cargo cooperation on the back of a wider joint venture between their respective parent airlines, which was launched last year after gaining anti-trust agreement to cooperate more closely commercially.

The two carriers said the new cargo cooperation would enable them to jointly offer “world-class cargo services across one of the most comprehensive route networks in the transpacific market”. Delta Cargo told Lloyd’s Loading List that the anti-trust agreement granted last year meant “we can co-operate on a commercial basis. The joint venture will allow the two airlines to work together to have an integrated approach for cargo sales, marketing, operational and other commercial initiatives.”

 

 

Sino-Lao railway project drives full steam ahead —

Sino-Lao railway project drives full steam ahead

SILKRAILS.WORDPRESS.com (GCTL8.com – FocusAsia Media Ltd)

LAOS, Jul 19 (FAM) – Construction of the China-Laos railway is gathering steam, as a main bridge over the Mekong River has been completed, said executives of construction giant China Railway Engineering Corp.

The rail project, which will connect Southwest China with Laos by 2021, is part of the two countries’ efforts to promote interconnectivity.

 

 

US Cass truckload line haul index rises to its highest since 2005 —

US Cass truckload line haul index rises to its highest since 2005

SILKRAILS.WORDPRESS.com (GCTL8.com – FocusAsia Media Ltd)

CHICAGO, Jul 18 (FAM) – The Cass Truckload Linehaul Index, a measure of market fluctuations in per-mile truckload linehaul rates in the US, increased 9.5 per cent year on year in June to 134.7, representing the highest percentage increase since the base year of 2005.

The index has not only been positive for 15 consecutive months, but the strength is continuing to accelerate, reported the American Journal of Transportation.

 

%d bloggers like this: