NETHERLANDS based CEVA Logistics has signed an agreement with Koctas, part of the Kingfisher Group, a leading home improvement retail company, to manage inbound operations and distribution between stores across Turkey. Under the agreement, CEVA will manage the inbound operations by collecting household improvement goods from 650 suppliers daily basis an...
CHINA has begun work to extend the Qinghai-Tibet railway, the world's highest rail link, connecting Xigaze, the second largest city in the southwestern Tibet that borders India, Nepal and Bhutan and is the traditional seat of the Panchen Lamas, the highest ranking Lama after Dalai Lama. As the first extension of the Qinghai-Tibet that was open in July ...
TIBET's investment on roads and attendant infrastructure is expected be 29.4 per cent more than expected at CNY26 billion (US$3.9 billion) by the end of the five-year period from 2006 to 2010, which surpasses all that was spent in the previous 55 years, Xinhua reported. From 2006 to 2010, Tibet road mileage increased from 43,717 to 58,000 kilometres. F...
XINJIANG's city of Hohhot has banned heavy coal trucks from downtown roads in the area circled by the city's second ring highway in a bid to secure smooth flow of traffic, Xinhua reported. From noon September 30, coal trucks with licence plates ending in an odd number will only be allowed to move on odd-numbered days of the month, and even numbers, on...
The merger fever in the US airline business is showing no signs of abating. Southwest Airlines, the biggest low-cost carrier in the United States, said in a surprise announcement that it had agreed to buy a smaller rival, AirTran Airways, for US$1.4 billion, reported the International Herald Tribune. The planned merger would be the third in the past...
South Korea plans to sell a combined US$1.31 billion stake in the Incheon International Airport Corp and Industrial Bank of Korea next year to finance its fiscal 2011 budget, reported Reuters. The Ministry of Strategy and Finance said that it would start the sale of a 49 percent stake in Incheon Airport from this year and complete the sale by 2011. ...
British Airways, American Airlines and Spanish carrier Iberia have signed off on a long-awaited strategic alliance that will see them cooperate on flights between Europe and North America, reported Reuters. "The joint business will launch this October," British Airways said. “It will enable the airlines' alliance Oneworld to compete on an equ...
The Taiwan government plans to invest US$8.6 billion to upgrade its busiest international airport and add a third runway and terminal, after years of neglect, Transportation and Communications Deputy Minister Yeh Kuang-shih said. "These new plans are very important for our international competitiveness," Yeh told Dow Jones Newswires. "Taiwan is an islan...
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