Logistics News

Dimerco opens new Vietnam officeDec 6, 2010

Dimerco Express Group has opened its fourth office in the coastal Vietnam city of Danang as it continues to expand across Asia. “With this additional office in Danang, we are now present in the northern, southern and central part of Vietnam,” said Alex Chen, vice-president of Southeast Asia for Dimerco Express Group. “That will str...

Nigerians okay Continental's offer of Houston-Lagos flightsDec 6, 2010

THE Nigerian Civil Aviation Authority has approved the Continental Airlines' application to commence ticket sales for its planned service between Houston and Lagos. Scheduled to begin next November subject to final state approval, the service will be the first daily passenger route between Texas and Africa. "We are grateful to the Honourable Fidelia Ak...

Canberra says 16 Qantas A380 engines need overhaul or replacement Dec 6, 2010

SIXTEEN Qantas A380 engines require complete overhaul or replacement, says an Australian Transport Safety Bureau (ATSB) report on the engine failure on a Singapore to Sydney flight November 4 and subsequent A380 turnarounds since. The ATSB said five engines have been replaced and all Airworthiness Directive and CASA requirements "are being met", said th...

Tony Tyler quits Cathay to take over IATA, Slosar next CEO Dec 6, 2010

HONG KONG's Cathay Pacific Airways has announced its CEO Tony Tyler will leave the airline on March 31 to succeed the director general of the International Air Transport Association (IATA), Giovanni Bisignani, who retires next year. Mr Tyler will be succeeded by the airline's Chief Operating Officer John Slosar. Said Mr Tyler: "John Slosar and I h...

Godfather wrong on new A320 - Leahy of AirbusDec 3, 2010

Airbus sales chief John Leahy defended a decision to upgrade its best-selling jetliner, the A320, and said his most influential critic, a leasing magnate dubbed the godfather of aviation, had got it wrong. Leahy, seen as the prime mover behind the planemaker's decision to invest in an upgraded version of the A320 family to fend off new competitors, sai...

SIA Cargo to pay $48m fine for price-fixing Dec 3, 2010

The cargo unit of Singapore Airlines will set aside US$48 million in the current financial year as provision for an anti-trust fine that it has agreed to pay the US Department of Justice, reported Dow Jones Newswires. Singapore Airlines Cargo had earlier agreed to settle the antitrust investigation started by the US Department of Justice in 2006 and ple...

Dynamex agrees to higher offer of $238mDec 3, 2010

Dynamex has agreed to a new, higher offer -- about US$238 million -- to be acquired by Greenbriar Equity Group after it got an offer from another bidder. Dynamex said that Greenbriar would pay US$24 per share. Dynamex, a same-day courier service, announced last month that it had agreed to sell to an affiliate of Greenbriar for $21.25 per share, or a...

ComSec warns to prepare for 100pc air freight screening in US Dec 3, 2010

COMSEC INTERNATIONAL LLC, an independent provider of cargo screening services and consultation, has started advising shippers, carriers, freight forwarders and other companies to begin planning for new US federal air cargo screening requirements. "We've known that plans have been in the works for some time to advance air cargo security measures and, wi...

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