Media
Media
The International Air Transport Association forecast Indian carriers to cut their combined losses by more than a quarter to US$400 million in 2010, mainly as passenger and cargo traffic rebounds in an expanding economy and fuel prices remain stable, reported Dow Jones Newswires. Carriers in India, including Jet Airways, Kingfisher Airlines and Air India...
Boeing Co has booked four more orders for its 777 aircraft, The Associated Press reported. The announcement comes a day after Hong Kong-based Cathay Pacific Airways said it would exercise options to buy six more Boeing 777-300ERs. Boeing didn't identify the customer in yesterday’s purchase. The four new orders mean Chicago-based Boeing ha...
Australia's corporate watchdog has granted interim approval to Virgin Blue Holdings' proposed alliance with Etihad Airways, reported Dow Jones Newswires. The decision comes despite the objections of Qantas Airways, which had requested that the Australian Competition and Consumer Commission (ACCC) knock back Virgin and Etihad's request for fast approv...
Brambles Ltd has acquired 100 percent of the shares of Unitpool, the airline container pooling company headquartered in Zurich, Switzerland. Details of the transaction were not disclosed. Brambles is listed on the Australian Securities Exchange and has annual sales revenue of more than US$4 billion. It is a provider of supply chain and information m...
Dubai Airports cargo surged traffic 21.5 percent year-on-year in August while passenger traffic rose 6.8 percent. Cargo volumes grew to 198,543 tonnes in August compared to 163,427 tonnes during the same month in 2009 spurred by increased economic activity in Asia and other regional markets. It was the 11th consecutive month of double-digit growth. ...
United Parcel Service(UPS) will open its first Asian healthcare supply chain facility in Singapore in 2011 as it expands into the logistics business. Shipping is still its primary business, an executive at the world's largest package delivery company told Reuters. But at the Singapore operation, and others like it, shipping falls under the logistic...
ProLogis, a provider of distribution facilities, has signed a lease agreement for approximately 105,000 sq ft of space in Chicago, according to PRNewswire. A third-party logistics provider will occupy the space at ProLogis Park O'Hare Building One, a 258,000 sq ft distribution facility located within five minutes of the south cargo gate at Chicago's O...
Tamil Nadu government has allotted 125 acres of land for an integrated dry port and multi-model logistic hub project of Chennai Port at Mappedu, near Sriperumbudur, Deccan Chronicle. “The director-general of shipping has handed over US$21.99 million to the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) for this land,” said Uni...
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
qq.com