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  • July 10, 2014
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  1. News - World - TRANSPORT

    Smartphone car service undercuts New York’s yellow taxis

    Posted Jul 09th 2014, 08:29pm by AP

    ... For instance, during heavy rain or snowstorms or on busy holidays, Uber might double or triple its rates in some neighbourhoods. Besides traditional taxis and car services, Uber competes with other ...

  2. News - Hong Kong - TRANSPORT

    'Alarming' number of pilots quit Hong Kong Airlines

    Posted Jun 04th 2014, 04:05am by Phila Siu

    ... three pilot groups in Hong Kong, said the resignation rate was "pretty alarming". "[The rate] is certainly not normal and is unsustainable- particularly for an airline which ... The departures indicate an attrition rate of about 12 per cent a year compared to about 5 per cent for Cathay in the past few years, according to a pilot close to the Hong Kong Aircrew Officers ...

  3. News - Hong Kong - TRANSPORT

    MTR jams caused by local workers, not mainland tourists, says government adviser

    Posted May 20th 2014, 04:04am by Ada Lee

    ... mainland visitors for the city's crowded trains were reaching the "wrong conclusion". Hong Kong's unemployment rate stands at only 3.1 per cent. Government documents showed ...

  4. News - Hong Kong - TRANSPORT

    MTR could face bill for two-year delay to high-speed cross-border rail link

    Posted May 05th 2014, 11:07pm by Olga Wong and Samuel Chan

    ... or the public." He conceded he had thought his team could double the excavation rate of the 26-kilometre tunnel to make up for the delay. Walder, who made a phone call to Cheung last year asking him ...

  5. Business - China Business - TRANSPORT

    Heavily indebted China Railway Corp expected to raise freight rates

    Posted Jan 10th 2014, 11:35am by Celine Sun

    ... Rise in rail cargo rate looms as reform steams ahead China Railway Corporation (CRC) is expected to raise freight rates early this year to relieve its massive debt burden and speed up ... The rail freight rate in China may rise from 0.12 yuan (15.2 HK cents) per tonne per kilometre to an average of 0.15 yuan, which the railway operator said would be “more reasonable”. “Freight ...

  6. News - Hong Kong - TRANSPORT

    MTR fares to rise by 3.6 per cent in June

    Posted Mar 28th 2014, 03:28am by Ada Lee

    ... the average increase between last year's rate of inflation- 4.3 per cent- and the wage rise in the transport sector- 4.1 per cent. A productivity factor of 0.6 is then deducted. It is the second ... at the rate of increase in the median monthly household, but that proved unnecessary as household income was up 6.16 per cent. As part of the new pricing agreement, the MTR will also allocate HK$152.5 ...

  7. Business - China Business - TRANSPORT

    Buddhist tycoon Chen Feng built Hainan Airlines into global empire

    Posted Apr 12th 2014, 12:59am by BLOOM

    ... from London-based rating agency Skytrax. Many of Chen's shareholders have had a less enjoyable ride. Since 2009, the Shanghai Stock Exchange Composite Index has been the eighth-worst ...

  8. News - Hong Kong - TRANSPORT

    Influx of tourists will put MTR trains under strain, says minister

    Posted Mar 20th 2014, 03:59am by Ada Lee

    ... the growth rate in the number of tourists will certainly exceed the current rate of 20 per cent annually," Tien said. Cheung said the government was also looking at ways in which the bus ...

  9. News - Hong Kong - TRANSPORT

    Discovery Bay ferry firm seeking another fare rise

    Posted Feb 25th 2014, 04:16am by SAMUEL CHAN

    ... The proposed rates were lower than the roughly 10 per cent increase requested by ferry operators and there was "little room for further reduction", Michael Ng Shi-hung, principal transport officer of the Transport Department, told an Islands District Council meeting yesterday. Ng came under fire for describing the rate of increase as "mild". "The proposed fare rises ...

  10. News - Hong Kong - TRANSPORT

    You talking to me? Taxi drivers face phone ban

    Posted Jan 14th 2014, 04:48am by Carol Cheung and Clifford Lo

    ... road users." He believed 90 per cent of cabbies with multiple phones strapped to the dashboard were from "unofficial discount gangs" which accept fares below the meter rate. Kwan ...




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