US Commerce Secretary Gary Locke has expressed enthusiasm about the prospects for a "thriving" air cargo operation between St Louis and China, but critics are doubtful. Speaking on the sidelines of a World Trade Centre of St Louis sponsored luncheon, he noted that exports in the State of Missouri were up 35 per cent in the first half of 2010 compared to...
TWENTY per cent of manufactured goods traded internationally today use air cargo transport and this is expected to reach 77 per cent by the year 2020, according to a released put out by San Jose-based Global Industry Analysts Inc (GIA). A major driver of the demand is attributed to developed nations such as Western Europe and North America's need for a...
US AIRCRAFT manufacturer Boeing has sold Chinese flag carrier Air China four 777-300ERs (Extended Range) for a total of US$1.1 billion at list prices. "Today's order of 777s also underscores Air China's confidence in the world's most successful twin-engine, long-haul airplane," said Marlin Dailey, vice president of sales and marketing for Boeing Comm...
THE Iraq government has signed a deal with an international company to jointly operate 66 cargo ships, reports The Associated Press. Iraq intends to rebuild its maritime capability, including the training of seafarers and to augment the two cargo ships and four tankers it now possesses. "The country's fleet of oil tankers and cargo vessels was deva...
Global container shipping and logistics group NOL dedicated its new global service center in Chongqing, China recently. Underscoring the international significance of the event, Singapore Prime Minister Lee Hsien Loong and Chongqing Mayor Huang Qifan helped commemorate the opening of NOL's largest office outside of its Singapore headquarters. NOL began...
United Parcel Service (UPS) plans to apply this week for a domestic license from China's State Post Bureau, the Financial Times reported. The company plans to offer next-day delivery and second and third day delivery services. "The opportunities are tremendous," UPS International president Dan Brutto told the newspaper. "If you take a look at t...
US aircraft manufacturer Boeing anticipates that Africa would require about 700 aircraft worth US$80 billion over the next two decades to meet increased demand as the continent's economy picks up, Reuters reported. "As the demand for African commodities grows and foreign development and tourism increase, African carriers will require a modernised fleet...
THE International Air Transport Association (IATA) has called on India for a more coordinated, up-to-date, far more internationally minded approach to a range of issues if it is to shore up the nation's magnificent gains in aviation. "Under the leadership of Minister Praful Patel, international flight frequencies to India have tripled to nearly 2,300 p...
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