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World air cargo traffic will expand at a 5.9 percent annual rate over the next two decades, with worldwide air freight traffic expected to triple through 2029, according to the Boeing World Air Cargo Forecast 2010/2011. Boeing released the biennial forecast, which is widely cited by airlines and industry groups, at the International Air Cargo Forum and Exh...
China plans to double then number of its civilian aircraft to 5,000 by 2015, said head of the Civil Aviation Administration of China (CAAC) Li Jiaxiang at a forum on civil aviation development in Beijing, reported China Daily. Mr Li said China will increase its aircraft fleet from the current 2,600 to 4,800 to 5,000 in next five years to cater for the nee...
Japan's All Nippon Airways has agreed to pay US$73 million fine to the US government in connection with a US Department of Justice investigation into an international air freight, price-fixing cartel. "We have decided that it is in our best interests to consent to a plea bargain after we considered various circumstances," ANA was cited as saying in a sta...
Kale Consultants Ltd, the leading solutions provider to Airline and Travel industry, announced that Japan Airlines (JAL) has selected Kale's REVERA® solution for its passenger revenue accounting requirements as licensed solution. Japan Airlines is one of the leading carriers in the Asia Pacific region. It operates almost 900 daily departures with its...
THE discovery of two bombs lodged in computer printer toner cartridges on UPS and FedEx flights in the United Kingdom and Dubai has raised new concerns about the air freight security and its additional cost, reported AOL Daily Finance. This has also exposed the threat of less scrutiny for air cargo and Industry observers said they have pointed put this pr...
DUTCH logistics provided CEVA has renewed a three-year EUR2.5 million (US$3.44 million) annual contract with German household appliance-maker Miele to handle inbound logistics, warehousing, orders, processing and distribution throughout Italy. CEVA will continue to provide Miele with integrated logistics services for refrigerators, ovens and dishwashers, ...
DB SCHENKER has opened a new logistics centre in Pardubice in the Czech Republic to handle rail and truck shipments for ESAB, a large supplier of welding equipment, consumables and accessories. From now on, up to 2,000 tons of material a week is scheduled to arrive at the logistics centre from plants in Sweden, Poland and Hungary, and from the Vamberk fac...
UKWA (United Kingdom Warehousing Association) has warned that the movement of excise goods around the UK and throughout Europe could grind to a halt if the forthcoming introduction of the Excise Movement and Control System (EMCS) encounters significant ‘teething troubles.” EMCS is a computer system which will link over 150,000 traders i...
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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