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NEW YORK's CIT Group has placed an order for thirty-eight 737s, and a further options on seven more, at a total list price of US$3.2 billion in a push to grow the business after a recovery from 2009. The order - the largest ever for this aircraft - involves delivery of twenty-three 737-800s and fifteen of the larger 737-900ERs fro...
FEDEX Express has started a new direct service between India and its Asia-Pacific hub at Guangzhou's Baiyun International Airport. FedEx has operated a direct New Delhi-Shanghai flight since 2005. The new A310 flight connects Guangzhou with Mumbai, India's commercial capital, and New Delhi five times a week. &nbs...
A DOUBLE whammy of a New Year's Day fuel duty increase and a 2.5 per cent value added tax (VAT) increase has consigned UK truckers to a bleak 2011, says London's Containerisation International. The increases are set to add to the problems of an industry struggling to recover from the pre-Christmas "worst weather in decades" snarl...
CHINA is considering the merger of two state railway equipment producers to enhance the country's high-speed rail exports, which if approved, would create the world's biggest rail company, reports London's Financial Times. Many countries are considering high-speed rail, and both the China North Locomotive & Rolling Stock Cor...
Cathay Pacific Airways Jan. 1 completed its switch to electronic air waybills for all shipments departing from Hong Kong. The carrier's cargo information-management provider Global Logistics System implemented its EzyCargo system for Cathay Pacific Cargo and Dragonair Cargo. The carrier announced its move toward a 100 percent paperless environment in S...
Trucking company ABF Freight System is broadening its container service from the U.S. to the Dominican Republic as it expands its global portfolio. The carrier is handling full containerload as well as less-than-containerload freight, offering single-contact door-to-door service to the Caribbean nation. ABF, No. 5 on the JOC list of Top 50 U.S. and ...
UPS said it is opening healthcare facilities in Singapore, the Netherlands, Canada and the United States in an expansion designed to meet the evolving needs of pharmaceutical, biotech and medical device companies. The company said increased globalization and a growing reliance on outsourcing of the supply chain spurred the move to expand its network to ...
Flag carrier PT Garuda Indonesia launched an up to US$500 million initial public offering (IPO) today, kicking off a busy year for capital-raising in Southeast Asia's biggest economy. The Indonesian government had initially planned to launch the Garuda IPO in November last year, but later delayed it for 2011, Reuters reported. The company aimed to ...
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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