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Rail investment to bear freight fruit: BITRE
The Bureau of Infrastructure Transport and Regional Economics (BITRE) expects rail freight timetables to change by mid-year to reflect investment in infrastructure, especially between Sydney and Melbourne.
Lines will be at VTA empties forum says SAL
The Victorian Transport Association (VTA) looks like it will get its wish to see container line executives at its Melbourne empty container management forum next Wednesday.
Pacific Basin profit halves on depressed markets
Hong Kong listed Pacific Basin Shipping saw its 2009 net profit drop more than 73% to US$110.3m, company results released yesterday showed.
Surge in box volumes catch lines off-guard
A spike in container volumes over the past three months has lines contemplating bringing idle ships back into operation in response to customers' desperation for extra space.
Airfreight demand improves in January
The international aircargo sector rebounded in January, with demand for freight climbing 28.3% from a year ago, according to the International Air Transport Association (IATA).
Borghetti takes the helm at Virgin, Qantas CFO steps down
Former Qantas Airways executive John Borghetti has been named the new chief executive and managing director of Virgin Blue.
