Logistics News

Turkish ground handler Celebi expands in Indian aviationMay 19, 2011

TURKEY's top private ground handler, Celebi Holding, has set its sights on obtaining a larger chunk of India's growing aviation market, after commencing operations in Mumbai and Delhi over the past two years, reports the Times of India. "India is a fast emerging market in the civil aviation sector. We are keen to expand our operations and make our prese...

Qantas launches new Sydney to Dallas-Fort Worth serviceMay 19, 2011

QANTAS Airways has inaugurated new direct flights from Sydney to Dallas-Fort Worth (DFW). The service will initially operate four times per week, with a view to increasing the frequency in future subject to demand. The Boeing 747 flight, QF7, will depart Sydney Airport at 13:25, arriving at Dallas-Fort Worth International Airport at 13:50 hrs (all times ...

United Continental to launch HK-Tokyo service in OctoberMay 19, 2011

UNITED Continental Holdings is preparing to launch daily non-stop service between Hong Kong and Tokyo, Japan effective October 31, 2011, subject to government approval. The new service, to be operated by Continental Airlines, will be the first expansion of the new United's operations in Hong Kong since the merger in 2010, a company statement said. "T...

CEVA expands Fiat contract to add Chrysler brands to portfolioMay 19, 2011

CEVA Logistics has extended its contract with the Fiat Group to include the provision of supply chain management services for all Chrysler Group LLC brands, namely Chrysler, Jeep and Dodge. Under the terms of the extended contract, the logistics company will manage the warehousing and distribution of spare parts for dealers that distribute Chrysler group...

DHL to expand presence in Africa's oil and energy sectorMay 19, 2011

DHL Global Forwarding plans to open over the next 12 months four oil and energy centres that will target Africa's logistics industry in Cape Town, Luanda Accrac and Mombasa. The move comes amid forecasts that African oil production capacity will reach 7.4 million barrels a day by 2014, making Africa a key investment destination amid growing global deman...

Agility's quarterly net profit falls to US$27.88 millionMay 19, 2011

KUWAITI logistics provider Agility has announced that its first quarter 2011 net profit fell to KWD7.70 million (US$27.88 million) year on year, down from the KWD17.59 million earned over the same period last year. First quarter revenue fell 21 per cent year on year to KWD318.51 million, reflecting costs related to the restructuring and reduction of its d...

Guangxi Autonomous Region exempts perishable truckers from tollsMay 19, 2011

GOVERNMENT of southwest China's Guangxi Autonomous Region issued an official document requiring all cities to exempt trucks carrying perishable agricultural products from toll in order to relieve the recent serious national vegetable supply chain problem, Xinhua reported. The document also requires all toll roads, including bridges and tunnels, to set u...

Fesco back in black with US$456 million profit after sale of NCC stakeMay 19, 2011

FESCO, the operator of the Vladivostok Container Terminal and Russia's largest container shipping line, has achieved a 2010 net profit of US$456 million, marking a dramatic turnaround from the net loss of $233 million reported a year earlier. The positive earnings result was mainly attributed to the gain on the sale of an equity interest in a container t...

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