Media
Media
Hyundai Merchant Marine, Hyundai Logiem, and SK Energy are teaming up to establish a joint shipping logistics company, reported Maeil newspaper. CEO Suk-hee Lee from Hyundai Merchant Marine, CEO Jae-yung Park from Hyundai Logiem, and CEO Jung-joon Yoo from SK Energy R&M (Refining & Marketing) gathered at the headquarters of Hyundai Merchant Mari...
THE UN's International Civil Aviation Organisation has introduced stringent security measures on air cargo following the foiled Yemen parcel bombing. Its 12th revision to its Security Annex has been in development for some time and "complements a number of recent initiatives to significantly increase the level of aviation security, in a proactive and c...
ALL Nippon Airways, one of Japan's two major cargo airlines has reported a 13th month of executive growth in international cargo volumes of 32.6 per cent to 42,007 tons. September also was the 10th straight month of increases in domestic volume of 4.8 per cent to 39,886 tons along with international volume increasing month on month by 2.4 per cent. ...
THE US Transportation Security Administration plans to secure cargo manifests in advance of shipments within 24 hours rather than the Customs and Border Protection 2002 Trade Act stipulation of four hours to arrival or take-off. TSA director John Pistole told a Senate committee that the move is in response to the foiled Yemeni bomb plot which has highli...
Freight company Mainfreight posted a higher first-half net profit and was upbeat about the third quarter, reported Dow Jones Newswires. The Auckland-based company said net profit, before unusual items, for the six months ended September 30 was US$12.74 million, up 52 percent from a year earlier. Total revenue was $497.92 million, up 20.4 percent from th...
Express and logistics service provider Gati will be finalising a deal to either acquire or team up with a domestic freight forwarding company by the first quarter of the next fiscal to add capacity, reported The Hindu. “In case we go for an acquisition, we may consider some stake dilution to fund the buy. We are yet to decide on the size of stake ...
Calling free trade key to robust US and global recoveries, United Parcel Service (UPS) chief executive Scott Davis said that more must be done to "defeat the tyranny of protectionism" and eliminate trade barriers. Davis, speaking at the Americas Competitiveness Forum taking place in Atlanta, offered a number of prescriptions for the US in particular, re...
DHL has expanded the freight management operations of its Global Forwarding arm in Penang, to provide customers with value-added services. Key to this is a newly opened, integrated, one-stop facility at Penang's new central cargo hub, Kompleks Kargo Udara Kedua (KLAS). The KLAS facility is located on the east side of Penang airport to combine air freig...
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
qq.com