Ministry of Transport’s circular on subject from 24th Jan to 25th Jan and 31st Jan to 1st Feb. 4 categories of heavy vehicle has been defined with the time it’s banned from the road indicated. Permission for heavy vehicle on the road during this time is to be applied and reviewed case to case by [...]
ASIA-EUROPE spot container freight rates are said to have plummeted for the first time to zero dollars, with cargo owners paying for bunker to so carriers can a major operational cost.
According to unidentified industry sources in Singapore, an increasing number of containers were being shipped from Asia to Europe at a freight rate of [...]
SYDNEY: The Australian economy is forecast to record zero growth this year as the global credit crisis stifles business activity, a report says.
Dun and Bradstreets (D&B) economic & risk outlook report says Australian real gross domestic product(GDP) would slow to zero through this year, from an estimated 1.9% last year.
Australian real GDP was expected to [...]
