Media
Media
Guangdong's three-year plan to spend US$94.66 billion to expand roads, rail, ports and airports in the Pearl River Delta has raised concerns that the province will have trouble paying its huge infrastructure bill, reported the South China Morning Post. Last year, the government allocated $46.53 billion for railways, $38.89 billion for expressways, $4.8...
The International Air Transport Association (IATA) today called on the world's governments to unite in support of aviation's ambitious targets to combat climate change. IATA wants this agreement on a global approach to be reached at the upcoming International Civil Aviation Organisation's (ICAO) Triennial Assembly in Montreal. "The past 18 months...
Boeing will increase its production rate for the next-generation 737 programme to 38 airplanes per month in the second quarter of 2013, the Seattle-based company announced today. The statement comes as the US plane maker struggles to resolve design and technical issues with the 747-8 programme that are partially a byproduct of the Dreamliner's producti...
FedEx Corp fiscal first-quarter profit more than doubled and raised its full-year financial guidance, though international volume fell slightly short of expectations and the company announced a charge to restructure its domestic trucking business, reported Dow Jones Newswires. The US-based shipping giant also forecast "a phase of somewhat slower economi...
Hong Kong's dominant air carrier Cathay Pacific Airways has agreed to buy 30 Airbus aircraft for about US$7.82 billion, amid a revival in international traffic. Swire and Air China , which together own about 72 percent of the airline, have approved the transaction, Cathay said, according to Reuters. The airline had already said in August that it in...
Coyne Airways has stepped up its cargo services to Afghanistan with the introduction of a weekly Boeing 747-400 freighter service from Dubai to Bagram. The Tuesday service is supplemented by an IL-76 freighter operation every Friday. Coyne has been a leading provider of neutral air cargo services to Afghanistan since 2006 and to Iraq since 2004. Since t...
Global forwarding and logistics group Panalpina will commence additional own controlled regular air freight services connecting Luxembourg with destinations such as South Africa, Dubai and Hong Kong, reported Tensid. It will also cover the transpacific route to Huntsville, Alabama in the US, complementing Panalpina's existing transatlantic air freight ...
DHL Express today announced a general average price increase of up to four percent across the Asia Pacific region, effective January 1, 2011. In Hong Kong, the price increase is expected to be an average of three percent, the express service provider said in a statement. DHL Express adjusts its prices annually, taking into account inflation and risi...
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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