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In keeping with general trends when it comes to worldwide project cargo movements, the global air freight industry is being asked to handle ever larger and more complex consignments for that sector. Predictably, the sheer weight and dimensions of some such shipments is presenting new challenges to air carriers and forwarders in terms of loading/un...
The delays in getting its B747-8 freighter to market have taken a hit on Boeing's order book, with one customer tearing up its order for the new plane. US-based aircraft leasing firm Guggenheim Aviation Partners cancelled its deal for two 747-8 freighters. According to reports, Guggen-heim had agreed to lease the planes to Korean Air but decided to scrap i...
Success lies in aligning strategy with rapidly changing consumer patterns Asia's consumer growth story is old news - it's the quality of management, brands and growth that matter now, according to this HSBC report on the retail industry Are you getting a little tired of hearing about the amazing Asian consumer growth story? We are. The rise of the reg...
JHCI Holdings, parent of the Jacobson Companies, a 3PL logistics provider, has acquired Chimerica Global Logistics (CGL), a logistics service company headquartered in Hong Kong with subsidiary operations in mainland China. The acquisition is another major step for Jacobson Companies in expanding its international logistics capabilities. Earlier this month...
Sydney Airport's US$764.88 million earnings were a 12 per cent increase in unaudited consolidated earnings for the full year before interest, tax, debt and amortisation, reported the Daily Telegraph. MAp CEO Kerrie Mather welcomed "increases across all revenue streams and strong traffic growth." Some 11.391 million international passengers passed throu...
Atlas Air will put two more Boeing 747-400 freighters in service for shipper DHL Express beginning in March, reported Associated Press Newswires. The air freight company said Atlas Air would run the aircraft for sister company Polar Air Cargo Worldwide, which serves DHL and other clients. (Source:www.cargonewsasia.com)
Union Pacific (UNP) reported a 41 percent increase in fourth-quarter earnings that topped Wall Street's forecast, even as the rate of growth in the railroad's freight volume slowed and high diesel prices weighed on results, reported Dow Jones Newswires. But the railroad offered an upbeat 2011 outlook nonetheless, with chief executive Jim Young saying ...
The Transportation Security Administration wants to complete a network of international agreements to screen all air cargo moving on passenger two years ahead of schedule. TSA issued a notice on Jan. 10 to the air cargo industry soliciting comments on a proposed Dec. 31, 2011 deadline. A spokesman said the agency wants to know if the date is feasib...
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
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