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  • September 16, 2014
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  1. Business - Companies - TRANSPORT

    Smooth ride for MTR in London

    Posted Aug 29th 2014, 01:14am by SIULAN LAW

    ... Siulan Law in London While the rail operator has been battered with operational problems and project delays in HK, the firm is winning top ratings in the British capital A smooth ride ... normal, with a punctuality rate of 98 per cent, MTR and Arriva were awarded a two-year extension of the Overground franchise to November 2016. The decision by Transport for London, the city's ...

    http://www.scmp.com/business/companies/article/1581582/smooth-ride-mtr-london
  2. News - China - TRANSPORT

    China sets the pace on bike sharing

    Posted Aug 25th 2014, 04:37am by BLOOM

    ... has sampled programmes in China, Europe and North America, says 68 new ones have been introduced around the world this year- a rate of two a week. By putting millions of cyclists on the road, ...

    http://www.scmp.com/news/china/article/1580363/china-sets-pace-bike-sharing
  3. Business - Companies - TRANSPORT

    Sinotrans Shipping net profit up, but glut weighs

    Posted Aug 05th 2014, 08:27pm by CHIM SAU-WAI

    ... said at a briefing the fleet growth rate was likely to reach a 10-year low this year and it would take time to clear excess ships. "The cumulative effects caused by the previous oversupply ... 1,000 for most of the second quarter, and the pace of recovery for charter hires and freight rates was far below market expectations, the company said. Shares of Sinotrans yesterday closed 2.82 ...

    http://www.scmp.com/article/1567046/sinotrans-shipping-net-profit-glut-weighs
  4. News - Hong Kong - TRANSPORT

    MTR chief Jay Walder to exit a year early in wake of cross-border rail link delay

    Posted Jul 16th 2014, 05:04pm by Ada Lee

    ... with [the project]. But I have totally failed," Chew wrote in another e-mail to the general manager, also in November. "As you know, many of our planned targets and production rates have ...

    http://www.scmp.com/news/hong-kong/article/1555371/independent-inquiry-high-speed-rail-delay-criticises-mtr-ceo-jay
  5. 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 ...

    http://www.scmp.com/news/world/article/1550428/smartphone-car-service-undercuts-new-yorks-yellow-taxis
  6. 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 ...

    http://www.scmp.com/news/hong-kong/article/1524803/alarming-number-pilots-quit-hong-kong-airlines
  7. 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 ...

    http://www.scmp.com/news/hong-kong/article/1515827/mtr-jams-caused-local-workers-not-mainland-tourists-says-government
  8. 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 ...

    http://www.scmp.com/business/china-business/article/1402132/heavily-indebted-china-railway-corp-expected-raise-freight
  9. 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 ...

    http://www.scmp.com/news/hong-kong/article/1505390/mtr-could-face-bill-two-year-delay-high-speed-rail-link
  10. 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 ...

    http://www.scmp.com/news/hong-kong/article/1458728/mtr-fares-rise-36-cent-june

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