Logistics News

Kuehne + Nagel builds DC in Duisburg's Logport Oct 15, 2010

KUEHNE + NAGEL has held a groundbreaking ceremony to mark the start of construction of a new distribution centre in Germany's Duisburg's port area. In a third expansion phase the company plans to enlarge its warehousing facilities in Duisburg's Logport by 28,000 square metres. It is expected that Kuehne + Nagel will start operations in the new distri...

US Postal Service 2010 loss swells to US$6 billion Oct 15, 2010

THE United States Postal Service (USPS) is being brought to its knees after suffering a further loss of US$6 billion this year, almost double last year's $3.8 billion loss. US Postmaster General John Potter now warns that continuing on its current downwards spiral, the US Postal Service will most likely run out of money by the end of 2011. Mr Potte...

Shanghai Northwest Logistics Park Bonded Logistic Centre opens Oct 15, 2010

SHANGHAI's Northwest Logistics Park Bonded Logistic Centre has commenced operation, reports Xinhua. The bonded logistics centre is one of the 17 such facilities approved by the China State Council and the core of Northwest Logistics Park, which is one of Shanghai's four largest logistics park. The facility takes up an area of 0.33 square kilometre...

Jiangxi's first state-class bonded logistics centre opens Oct 15, 2010

SOUTH China's Jiangxi province has put into operation its Nanchang Bonded Logistics Centre, the first one of state class, reports Xinhua. The Class B centre can provide functions of bonded import storage facilities, offering export tax rebates, further processing cargo transfer services and container freight station (CFS) logistics facilities, bringing...

Chartered National Air Cargo plane crashes near Kabul, 8 deadOct 14, 2010

A CHARTERED National Air Cargo (NAC) plane, owned by Trans Afrique of Ghana, crashed into mountains and burst into flames near the Afghan capital of Kabul, killing all eight aboard, reported Agence France-Presse. "A C-130 cargo plane operated by National Air Cargo was on its way from Bagram to Kabul," Mohammad Yaqoob Rasouli, the director of Kabul Inter...

Lufthansa Cargo revenue rises 22.8pc in first nine monthsOct 14, 2010

GERMANY's Lufthansa Cargo registered an increase in freight volumes transported and a significantly improved load factor by the end of the third quarter of 2010. From January to September, the carrier transported 1.3 million tonnes of freight, a year on year increase of 19.4 per cent. Measured by transported tonne kilometres, sales rose by 22.8 per cen...

DHL's Hong Kong bypass strengthens LCL service to Turkey Oct 14, 2010

DHL has enhanced its connectivity and transit times between China and Turkey with the launch of two Less than Container Load (LCL) services: Shanghai to Izmir and Ningbo to Istanbul. With cargo shipped directly from China to Turkey instead of being routed via Hong Kong, shipments are expected to arrive in Izmir and Istanbul within 25 days and 27 days re...

DB Schenker Logistics celebrates 40 years in Singapore Oct 14, 2010

DB SCHENKER LOGISTICS in Singapore has celebrated its 40th anniversary during which time the company has grown from being the first European air freight forwarder to serve South Asia to become an integrated logistics provider, with a team of more than 1,250 employees. Highlights include in 1998 investment of US$29 million to set up the multifunctional S...

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