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EASTERN China's Hefei, an inland city of 4.9 million, 500 kilometres west of Shanghai, will spend CNY10 billion (US$1.5 billion) on building an airport logistics park to accompany projected new airport, Xinhua reported. Hefei Xinqiao International Airport will be completed and open in May 2012. To catch up with the demand for logistics, once the airpor...
INTERNATIONAL air freight volume rose 14.4 per cent in October against May's decline of five per cent, signalling a "turning point", says the International Air Transport Association (IATA). Year-on-year figures are encouraging for the freight sector on a seasonally adjusted basis, but the marginal single month uptick is the question mark, said IATA dir...
THE Luanda Railway (CFL) has commenced the transfer of cargo containers from the Luanda Commercial Port to the Dry Port in Viana, outside the capital. CFL director Aurelio Russo confirmed the containers are being carried by train without revealing any details about the schedule. According to a source, the measure is intended to ease congestion on th...
PAKISTANI communications minister Arbab Alamgir claims that trucks transporting NATO containers have caused PKR82 billion (US$958.5 million) in damage to the infrastructure of the nation's communication network. The minister said about 500 trucks travelled to Afghanistan daily from Karachi transporting supplies for NATO forces. He said those heavy truc...
The International Air Transport Association said the month of October showed a 14.4 percent year-on-year increase in international air freight. “As we approach the end of 2010, growth is returning to a more normal pattern. Freight is one percent above pre-crisis levels of early 2008. Where we go from here is dependant on developments in the global...
Middle Eastern airline Emirates has no interest in forging alliances with other carriers as it pushes ahead with its strategy of opening new routes to funnel traffic through its hub at Dubai, president Tim Clark said. Many international airlines are lining up to join alliances such as SkyTeam, oneworld and Star as they seek to broaden their route networ...
Argentina's flagship airline, Aerolineas Argentinas, will start offering non-stop flights to Mexico in March, as the company seeks to expand its international connections and improve relations with global partners, reported Dow Jones Newswires. The airline, which the government expropriated from Spain's Grupo Marsans about two years ago, has not opera...
Software maker Ariba Inc is to buy Quadrem, a privately held supply chain management company, for US$150 million, reported Associated Press Newswires. Ariba, based in Sunnyvale, California, will pay $75 million in cash up front for Amsterdam-based Quadrem, along with $50 million in stock and another payment of $25 million, due within 36 months of the ac...
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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