THE International Air Transport Association (IATA) director general and CEO Giovanni Bisignani is urging the Israeli Transport Minister Israel Katz to utilise global standards to strengthen the country's air freight sector. Mr Bisignani called on Israel to speed up its exit from Category 2 of the US Federal Aviation Administration's International Avia...
AIR FRANCE-KLM returned to profitability with a third quarter net profit of EUR290 million (US$391 million), wiping out last year's same-quarter loss of EUR147 million, reported the Wall Street Journal. But profits, drawn from revenue of EUR6.6 billion, which increased 18.6 per cent, were hit by a provision to pay EUR127 million in price fixing fines, ...
DP WORLD SOUTHAMPTON has confirmed that the railway clearance project between Southampton and the Midlands of central England will be ready to accommodate high-cube containers on standard British rail cars by the end of March. The project involves 52 locations between Southampton and Nuneaton, 40 miles west north west of Birmingham, that includes the re...
DIESEL fuel shortages have appeared in areas of Zhejiang and Jiangsu provinces in eastern China, affecting trucking, said Hellmann Logistics in a notice to trade. "Some gas stations have no diesel fuel and some allow (a maximum of 200 litres) to trucks five tons and above," said Hellmann. "We hope this situation will not last long, but for this week the...
Logistics company Agility company reported a net profit of US$49.26 million for the third quarter of 2010, a decrease of 23.20 percent from the second quarter of 2010. Revenues stand at $1.43 billion, a 5.19 percent decrease over the second quarter of 2010. This expected decrease in profitability and revenue is attributable to the challenges facing ...
Air freight shipper DHL will raise shipping rates for its US export and import services by 5.9 percent, effective January 2, 2011, reported Associated Press Newswires. The company said the general average rate increase will be partially offset by adjusting the price threshold at which the fuel surcharge begins, cutting the fuel surcharge by two percenta...
THE Airforwarders Association is urging US President Barack Obama to acquire international to align air cargo security programmes around the principle of risk management. It is believed that harmonising supply chain security measures would ensure the smooth flow of trade and boost economic growth. "Now is the time to form an international working gr...
FORWARDERS in Nigeria will now be offered training by The International Air Cargo Association's (TIACA) education and research committee after the successful partnership and launch of training courses with the Federation of East African Freight Forwarders' Association (FEAFFA) covering Kenya, Uganda, Tanzania, Rwanda and Burundi. TIACA has contracted ...
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