Logistics News

US charges 3 ex-Japanese airline execs with price fixing Nov 18, 2010

A US GRAND JURY has indicted three former Japanese airline executives on charges of fixing rates for air cargo shipments to and from the United States, reports Agence France-Presse. The indictment is the latest arising from a US Justice Department investigation that has now caught 19 airlines and 17 executives in a web of price fixing charges. Forme...

US rail up 8.7pc last month, highest since October 2008 Nov 18, 2010

THE Association of American Railroads (AAR) recently released the figures that rail carloads improved 8.7 per cent in October year on year to 299,108 carloads, marking the highest point since October 2008 though still down 7.9 per cent from it, reported American Shipper. Citing the statistics from AAR's November Rail Time Indicators Report, intermodal ...

Truckers protest poor roads on lead up to Chennai Port Nov 18, 2010

CONTAINER truck drivers have parked their vehicles on the sides of roads in North Chennai protest against the poor maintenance of Ennore-Manali Road and Ponneri-Panchetty Road. The action by a small number of drivers is said to have been sparked by the attack on a truck driver in Manali by members of the public after he tried to overtake a lorry. Th...

Agility profits drops 66pc as US troops quit IraqNov 18, 2010

KUWAIT-based logistics firm Agility has announced a year-on-year 66 per cent decline of profit in the third quarter to KWD13.8 million (US$49m) because of continuous loss of US army logistics as US troops withdraw from Iraq. The third quarter revenue was down 1.8 per cent to KWD405 million, reported London's International Freighting Weekly. Because of ...

Vanguard Logistics relocates Chicago officeNov 17, 2010

Vanguard Logistics Services (VLS) today opened its new Chicago warehouse, located in Carol Stream, Illinois. "We relocated the Chicago office and warehouse to a larger facility in response to our customers' request for additional Container Freight Station (CFS) coverage. As a result of a recently landed account, a large amount of the Chicago CFS space ...

TNT Express to beef up security after foiled parcel bombing Nov 17, 2010

TNT EXPRESS has announced that it is implementing a series of additional measures to protect its customers and their consignments as well as its employees and networks from the threat of parcel bombs. The company has reinforced air and ground security controls, including the screening of consignments, in all countries where it operates. This covers TNT...

JAL Cargo to hike fuel surcharge on flights out of Japan Nov 17, 2010

JAPAN AIRLINES is seeking permission from the Japanese Ministry of Land, Infrastructure and Transport to raise from December 1 2010 its international cargo fuel surcharge for flights departing from Japan only. This comes as JAL started a programme in April 2009 to adjust its cargo fuel surcharge levels on a monthly basis by using the one-month average f...

KL, Penang airports expect 2010 cargo volumes to rise 38pc Nov 17, 2010

MALAYSIA's Kuala Lumpur and Penang airports are expected to handle 170,000 tonnes of cargo this year, an increase of 38 per cent compared to last year's total. Penang Freight Forwarders Association president Krishnan Chelliah said in a report by the Malaysian Star that for the first 10 months of the year, the volume of cargo handled at both airports a...

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