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ATLANTA's Hartsfield Jackson International Terminal is to receive US$30 million in a lease agreement with airlines that include its largest carriers by traffic volume Delta Air Lines and AirTran Airways to fund its construction aimed for completion by 2012 at an estimated bill of $1.4 billion. The lease runs from 2013 to 2016 with supplementary termina...
DEMAND for air freight is expected to slow in the remainder of 2010 and through 2011, according to the International Air Transport Association. IATA said air freight markets were starting to cool off after a rapid post-recession rebound, with purchasing managers less optimistic and planning to ship fewer goods by air. "All key indicators for air fre...
HONG KONG's Asia Airfreight Terminal Co Ltd (AAT), the airport's No 2 ground handler, announced that its August freight volume grew 39 per cent year on year to 59,982 tonnes. Exports were up 50 per cent to 43,320 tonnes year on year while imports increased 17 per cent to 16,181 tonnes over the same period. But transshipments increased only two per cen...
FOLLOWING the signing of a bilateral logistics agreement between China and Korea, cross-border movement of container trailers will simplify entry into inland of China saving time and money spent transloading. Korea's Ministry of Land, Transport and Maritime Affairs has signed a comprehensive logistics agreement with China which will enable faster movem...
Demand for air freight, a leading indicator for the strength of world trade, is set to slow in the rest of 2010 and through 2011, the International Air Transport Association said. In a snapshot of the cargo industry, IATA said air freight markets were starting to cool off after a rapid post-recession rebound, with purchasing managers less optimistic and...
The Kingdom of Saudi Arabia’s economic diversification has led to the rapid expansion of the domestic industrial and trading bases and, consequently, increased demand for various logistics services, reported Mist News. Local enterprises are now seeking advanced courier and express delivery solutions to optimise and manage infrastructure, processes...
Rhenus AG & Co took a major step towards consolidating its Asia logistics network with the acquisition of a majority shareholding in the Pro-Log Group based. “In the past we did not have our own independent services in the air, ocean and distribution divisions in south and south-east Asia,” said Uwe Oemmelen, a member of the Rhenus Board...
FedEx Express announced later pick-ups for all FedEx international low-value shipments bound for the Europe service lane from Shanghai, Suzhou, Hangzhou, Ningbo and Shaoxing. From Tuesday through Friday, customers in select areas of these five cities have an additional two hours to prepare their shipments. The later pick-up at 20:00 instead of 18:00 giv...
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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