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FLAG carrier Lithuania is to launch the first air cargo route in the Baltic States and in the eastern and central European regions between the country's second largest city of Kaunas to Shanghai operated by a IL-96 freighter. The route will be run by Hoptrans Logistics, the sole cargo-handling company at Kaunas International Airport, reports the Lithua...
THE International Air Transport Association (IATA) upwardly revised its 2010 industry outlook and is now projecting a profit of US$8.9 billion - up from its far gloomier $2.5 billion forecast in June. But the gloom of its predictions over the last year persists, suggesting that industry-wide profit will drop to $5.3 billion next year. "This year (20...
THE leaders of Singapore and Malaysia have agreed in relation to the issue concerning Malaysian Railway land in Singapore that the Singapore Government shall vest four land parcels in Marina South and two land parcels in Ophir-Rochor in M-S Pte Ltd. The action is in lieu of the three parcels of the land in Tanjong Pagar, Kranji and Woodlands and three p...
THE intercity high-speed railway connecting Jiangxi cities of Nanchang and Jiujiang, the first high-velocity rail service in central China, has started operation, Xinhua reported. The Nanchang-Jiujiang railway will be connected to the existing Beijing-Kowloon, Wuhan-Kowloon, Tongling-Jiujiang railway and the Beijing-Guangzhou, Shanghai-Kunming and Xiang...
Dubai Airports reported a 21.5 percent increase in August cargo traffic to 198,543 metric tons handled compared to 163,427 metric tons in the same month last year. The company said it was the 11th consecutive month of double-digit growth. Year-to-date cargo volume rose 25 percent to total 1,498,244 metric tons compared to 1,198,546 metric tons during th...
The European Commission has proposed new rules to increase competition and investment in the European railways, reported Dow Jones Newswires. "Europe needs and deserves better rail services," said Transport Commissioner Siim Kallas. "My aim in all of this is more competition in passenger and freight services." The proposal seeks to improve transpare...
RUSSIA's AirBridgeCargo Airlines (ABC) has announced its extension of all-cargo services from China with a twice-weekly B747-400 freighter flight from Zhengzhou to Europe. Flights from the capital of Henan province depart from Zhengzhou Wednesdays and Saturdays to ABC's hub in Moscow and then continue on to Frankfurt, connecting central China with Eur...
DESPITE a promising start for meeting the US Transportation Security Administration's mandate for 100 per cent cargo screening, the industry expects trouble in handling rising holiday volumes. Self-screening by shipping and freight forwarders for high-value or sensitive items through the TSA's Certified Cargo Screening Program has meant that cut-off t...
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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