Logistics News

JFK airport bomb plot accomplice given 15-year sentence Jan 17, 2011

A Guyanese national, Abdel Nur, has received a 15-year prison sentence following his guilty plea in June for his part in the John F Kennedy International Airport bomb plot. Nur's plea deal approved by Brooklyn, New Year prosecutors reduced a lengthier sentence for his part in material support to blow up the Buckeye, Kennedy pipeline that feeds eight mi...

AAT handles 39pc more cargo to 715,016 tonnes in 2010 Jan 17, 2011

HONG KONG airport's No 2 ground handler, Asia Airfreight Terminal (AAT) handled 39 per cent more cargo in 2010 to 715,016 tonnes, the company announced. Total export for 2010 was 509,534 tonnes, up 46 per cent year on year, while total import was 199,920 tonnes, up 24 per cent. The aggregate transshipment volume was 5,562 tonnes in 2010, rose 21 per ce...

Air China expects to double profit in 2010 Jan 17, 2011

AIR CHINA has estimated a 2010 net profit increase of 200 per cent year-on-year from CNY5.03 billion (US$759.8 million) attributed to robust demand in both passenger and cargo sectors. Cargo volumes are expected to increase 10.7 per cent to 6.2 million tonnes from 5.6 million with passenger growth of 12.3 per cent to 300 million from 267 million accordi...

Cathay, Dragonair cargo up 12pc in December, 18pc in 2010 Jan 17, 2011

HONG KONG's Cathay Pacific Airways and its sister company Dragonair's December results show year-on-year growth in cargo and mail tonnage and a rise in passenger volumes. But for 2010 as a whole, cargo increased 18.1 year on year and passenger volume up 23.2 per cent, said a statement from the airlines. The two airlines carried a total of 161,302 ...

TNT sells mail business in BelgiumJan 14, 2011

TNT has signed an agreement to sell its mail business in Belgium, De Belgische Distributiedienst, and its unaddressed mail business in Italy, RSM Italia, to management and NPM Capital NV. NPM Capital, a leading private equity firm in the Benelux, will provide financing. The businesses will continue to operate under its current management. De Belgisc...

Malaysian logistics firms join forces Jan 14, 2011

Malaysia’s Kontena Nasional will team up with chill and frozen transporter Gerimis Baiduri, in an effort to gain ground in the cold chain industry, as part of its goal to be the country's main total logistics provider, reported Dow Jones Newswires. It expects the venture to increase revenue contribution from the halal cold chain logistics divisio...

Vanguard opens office in CharlotteJan 14, 2011

Vanguard Logistics Services has opened a branch office in Charlotte, North Carolina. Charlotte will provide coverage and support for Vanguard's growing client base in the region. "Our growth in the southeast region has prompted us to open a new office in Charlotte. This office will provide both export and import LCL, as well as FCL services,’...

Don't rush into Open Sky accords, warns Manila lawmaker Jan 14, 2011

A PHILIPPINES lawmaker has cautioned against rushing into Open Sky accords because the country lacks infrastructure and safety standards in aviation to cope with an influx of airlines that would result. The Philippine Star said Representative Mark Villar issued the warning after President Benigno Aquino announced last week that he was set to issue an ex...

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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.

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Qingdao Saint Voyage Log

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