South Korean conglomerate CJ Group is considering bidding for a controlling stake in logistics company Korea Express, reported Dow Jones Newswires. A CJ Group official, who declined to be identified, said the conglomerate may submit a bid but added that nothing has been decided yet. About 40 percent of Korea Express, South Korea's largest logistics com...
SWISS forwarding giant Kuehne + Nagel is to expand its European overland network and introduce its "KN Euro-Line" product to 200 more scheduled international lines with departures doubling to 2,000 per week. ST LOUIS' three-year pursuit of a China-based international air cargo hub looks more certain as Chinese government officials sign a Memorandum of U...
KN-Euro-Line has structured tariffs and timetables for its network between 39 countries and 300 international connections via a central hub in Haiger, Germany and seven regional hubs. "We will add one new international direct connection each week during the next four years, with the objective to offer 500 scheduled connections throughout Europe by 2014,"...
GERMAN express delivery giant DHL has launched a new direct Less than Container Load (LCL) service from Mumbai to Durban, which will be operated by its subsidiary Danmar Lines. The company has appointed Joseph Oguta as head of LCL for Africa, based in Kenya. With trade between India and Africa having risen almost four-fold, from US$9.9 billion in 2004-05 ...
China's Hainan Airlines has extended its general sales and services agent agreement with ECS Group in Europe by awarding a new contract to the company in Hungary and Austria. The two-year contract commenced this month and sees Globe Air Cargo, part of ECS Group, responsible for marketing the airline's scheduled services from Budapest to Beijing. Haina...
Kuehne + Nagel has started to offer a weekly less-than-container load (LCL) export service between Warsaw and Singapore in order to develop a fast and frequent connection between Poland and China for export activities, Analytiqa reports. The new service enables cargo to be shipped from Poland (Warsaw) to the port of Singapore within 26 days. Goods are c...
Airline Mexicana de Aviacion has made significant progress in its debt restructuring negotiations, and expects to resume flights "soon" with seven planes and 11 routes, reported Dow Jones Newswires. Mexican, which was grounded last August amid bankruptcy proceedings, said in a press release that it expects to be operating 40 planes and more than 40 rout...
MASSACHUSETTS based American Science and Engineering Inc (AS&E) has won a US$14 million contract from the US Department of Homeland Security (DHS) to design and build a non-intrusive inspection (NII) system to detect explosives, drugs, money and weapons. The DHS science and technology directorate will fund $2.2 million for the first phase of the con...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi