Logistics News

China Air Cargo awaits Aerotropolis tax bill before closing dealMay 30, 2011

CHINA Air Cargo finished a three-day visit to review the logistics of flights from Lambert-St Louis International to Shanghai in discussions of maintenance and ground operations but left without signing an agreement on the China hub. The progress by Missouri lawmakers on the US$360 million package of Aerotropolis tax credits, which offers breaks for freig...

US fines Taiwan's EVA Airways US$13.2 million for air cargo price fix...May 30, 2011

TAIWAN's EVA Airways has been fined US$13.2 million for air cargo price fixing for a period starting in January 2003 on flights to and from the United States, reported The Associated Press. So far, the US Justice Department has accused a total of 22 companies in the air cargo industry that have engaged in such illegal activity. Besides, a total of $1.8 b...

OECD transport forum ponders transportation needs for 9 billion peopleMay 30, 2011

THE OECD's International Transport Forum (ITF), an intergovernmental think tank of 52 member states, focused on the question of how to meet the needs of the nine billion people global population at the group's Leipzig summit last week. Speaking at the group's 2011 Transport Outlook annual meeting, ITF secretary general Jack Short said: "Coupled with ri...

Europe road freight index suffers quarterly fall, but outlook goodMay 30, 2011

THE latest report on Europe's road freight rates shows a decline in its price index in the first quarter 2011 compared to the year previous increase of 8.4 per cent, attributed to typical seasonal effect and greater capacity, said report publishers Transporeon and Capgemini Consulting. Despite diesel prices being up by 5.6 per cent the price index still ...

US Exim Bank hopes to exceed US$9 billion in financing within 3 yearsMay 30, 2011

US EX-IM Bank has kick-started growth in the small cap export sector with the launched of its Global Access for Small Business in January, conducting more than 1,700 transactions totalling US$2.4 billion. "Our efforts to encourage more companies to export are paying off, and I am optimistic that we can reach the president's goal of doubling US exports by...

Hubei's cargo volume surges 140.6pc in first four monthsMay 30, 2011

CENTRAL China's Hubei province recorded a cargo transportation volume of 7.27 million tonnes during the period from January to April, an upswing of 140.6 per cent over the same period in the preceding year. International laden container transportation volume grew 24.6 per cent to 92,000 TEU, Xinhua reports. The number of inbound and outbound air trav...

China declares intention to join OECD's International Transport ForumMay 30, 2011

CHINA has declared its intention to join the International Transport Forum (ITF), an intergovernmental body of the Organisation Economic Cooperation and Development (OECD), a grouping of 34 developed countries. China's Transport Vice Minister Gao Hongfeng made the announcement during the annual summit of transport ministers from the International Transp...

MARIS and GAC-SMHI announce cooperation on integrated on-board and sho...May 27, 2011

MARIS, the maritime onboard systems specialist, has reached agreement with weather and performance systems supplier GAC-SMHI Weather Solutions covering the integration of the MARIS Voyage Decision Support (VDS) system and GAC-SMHI’s weather routing advice and shore-based fleet monitoring software. The MARIS VDS offers logging, storage, communicatio...

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Transportation Center Connecting Asia and Europe Market

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

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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