The company is being offered as much as $146.5 million by Kentucky to expand a plant in the state that’s Toyota’s largest in North America. Photo: Tomohiro Ohsumi/Bloomberg Los Angeles: Toyota Motor Corp., the world’s largest automaker, is preparing to start production of Lexus cars in the US for the ... Read More

JOHANNESBURG - Annual vehicle sales in Africa will rise nearly 20 percent in the next two years to hit the 2 million mark as the continent's burgeoning middle class trades up from motorbikes and jalopies to new cars, the regional head of General Motors (GM.N) said. The U.S. car giant sold ... Read More

Flughafen Zurich AG, which operates Switzerland’s busiest airport, said passenger traffic rose 1.6 percent in March from a year earlier. Freight traffic decreased 4.4 percent last month to 37,720 tons.   March    Feb.    Jan.    Dec.    Nov.    Oct.   Sept. 2013    2013    2012    2012    2012    2012 -------------------------YoY%-------------------------- Total Passengers                  1.6%    4.4%   -0.5%   -0.8%   -0.6%   ... Read More

ACI preliminary traffic results, based on reports from over 1093 airports worldwide, indicate that global passenger traffic grew at a rate of 4 percent while cargo and aircraft movements were flat as compared to 2011. Global passenger traffic has remained resilient in the face of global uncertainties and downside risks that ... Read More

Cotonou, Benin - West and Central African ministers have pledged to co-operate to halt the spread of sea piracy at a meeting in Benin, the West African bloc Ecowas said on Wednesday. Ministers in charge of defence, foreign affairs and security, or their representatives, met in Cotonou until late on Tuesday ... Read More

(TRADE NEWSWIRE): The National Maritime Center owned and operated by the Trade Facilitation Center established by Nigerian Ports Authority in cooperation with the Ministry of Transport and office of the President has commenced training programmes for stakeholders in the maritime sector, TRADE NEWSWIRE reports. The first in the series of training ... Read More

Founder of Maritime Industry Merit Awards (MIMA), Asu Beks (TRADE NEWSWIRE): Maritime Media Limited, organizers of the annual Maritime Industry Merit Awards (MIMA), has released nominees for the Maritime Man of the Year, 2012, TRADE NEWSWIRE reports. In a statement obtained by TRADE NEWSWIRE, signed by the Founder of MIMA, Asu ... Read More

OLD TOLL-GATE ALONG LAGOS-ABEOKUTA EXPRESS WAY .Bridge required urgently to reduce menace (TRADE NEWSWIRE): The old Toll Gate located along Lagos-Abeokuta expressway recorded 150-number of accidents from January to December 2012 which was largely blamed on absence of a bridge on that axis among other factors, TRADE NEWSWIRE investigation has revealed. It ... Read More

The infrastructure of Nigerian airports needs to be upgraded. TRADE NEWSWIRE takes a look at infra structural challenges and government of efforts, to that effect: (TRADE NEWSWIRE): The recent approval of N106bn by the Federal Government for the construction of 11 international new airport terminals is a good step in ... Read More