A regular service between Varna airport and Sheremetievo international airport in Moscow will be launched from October 30 2010, flying once a week, the press centre of the Varna airport said in a media statement. Flights will be by Bulgaria Air, once a week, on Saturdays during the winter. Take off will be at 8.40am Bulgarian time. With this latest link t...
China Airlines, Taiwan's largest carrier, has posted a record net income in the third quarter ended September 30 of TWD3.76 billion (US$123 million) on the back of higher cargo shipments across the Taiwan Strait. This compares to a loss of TWD2.62 billion a year earlier. "Taiwan airlines are reporting strong earnings, because of the mainland factor, with...
TNT Express is launching a direct scheduled Boeing 747 service between Chongqing, a fast growing hi-tech manufacturing centre in western China, and Europe, through TNT's Liege hub in Belgium. The service to Chongqing will operate three times a week. TNT said in a statement that it is the first express company to offer dedicated flights between Europe and...
Airport Authority Hong Kong (AAHK) and Beijing Capital International Airport Co., Ltd. (BCIA Co., Ltd.) signed a Memorandum of Understanding (MOU) in Beijing today on a “sister airports” arrangement between Hong Kong International Airport (HKIA) and Beijing Capital International Airport (BCIA). Li Jiaxiang, Administrator of the Civil Aviation A...
According to IFW, the EU Eurovignette Directive will allow some EU states to charge between EUR 0.03 (USD 0.04) and EUR 0.04 per kilometre in addition to the existing toll rate of between EUR 0.15 and EUR 0.20 for lorries above 3.5 tonnes. EU states will also be able to increase tolls by up to 175% in peak hours, provided that they decrease tolls by an equa...
Deutsche Bahn chief executive Rüdiger Grube targets a return into black figures for DB Schenker Rail in 2010. This follows an Ebit loss of EUR 189mn in 2009. In the first nine months DB Schenker Rail, Deutsche Bahn's cargo train division, increased turnover 17.8% to EUR 3.20bn (USD 4.47bn). DB Schenker Logistics, which offers other forms of cargo tr...
Allcargo Global Logistics Ltd, a Mumbai-based logistics service provider involved in multimodal transport operations (MTO), owning and operating container freight stations (CFSs) and handling of project cargo, has announced the acquisition and controlling stake in Hong Kong-based companies engaged in NVOCC business, Exim News Service reports. The acquisit...
The DB Schenker Logistics organization in Spain has a new brand. As from now, “DB Schenker Spain-Tir” will be the sole brand for all of the services and products, provided by the companies Spain-Tir Transportes Internacionales, S.A. and Schenker España, S.A. “It is our goal to preserve the high Spain-Tir brand equity and reputatio...
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