Neptune Orient Lines (NOL), which moved its China administration and service centre out of Shanghai into a new base in Chongqing, celebrated its official opening yesterday, reported Busines Times Singapore. With office rentals and staff costs soaring in Shanghai, the global logistics firm scoured scores of locations in China and across Asia for an alter...
LA-BASED Consolidators International Inc (CII) is not expecting a pre-Christmas air cargo "rush" this year, according to CEO Julian Keeling. "With US unemployment hovering around the 10 per cent mark, housing sharply lower, an anaemic stock market and manufacturers just marking time, air cargo will show little growth for the remainder of the year. "...
AIRPORTS in India handled 1,270,710 tons of international cargo in the 2009-10 fiscal year. The Airports Authority of India (AAI) is forecasting collective growth at its international and domestic cargo airports of between 10 and 15 per cent in the years until fiscal 2015, taking the 2009-10 results as a base point for comparison. The authority plan...
DEMAND for air cargo in Vietnam has risen strongly in recent months as many local exporters look to shorten delivery times, especially for perishable fresh produce. The director of one fruit exporting company said the export of fresh fruit by air has significantly raised the competitiveness of Vietnamese produce. This comes as the value of shipments...
Work has started on the year-long first phase of a major project designed to find ways of reducing risk in European international supply chains. Planned developments include establishing links with relevant Asian projects. Called LOGSEC (Logistics Security) and designed to "identify where the biggest supply chain security risks and vulnerabilities are a...
The logistics industry has capitalised on the recent economic recovery, but it has come with rising pressure on margins in some areas, such as freight forwarding. Correspondent Phil Hastings reports Measure it to manage it - To maintain and improve the performance of your supply chain you need to measure every part of it, says CEVA. To achieve this, CEV...
British Airways would be interested in discussing a merger with Qantas Airways , if Australia's top airline was a willing party, BA Chief Executive Willie Walsh said. The comment followed a day after British Airways and Iberia said they had identified possible acquisition targets to chase once their own merger completes, targeting Asia for expansion, r...
Hong Kong Airlines and Etihad have received the new A330-200 freighter and are ready to begin operations. Hong Kong Airlines received the first of three aircraft on long-term lease from global aircraft lessor Aircastle Limited. The three A330-200F freighters will be operated on services linking Hong Kong with destinations across Asia, as well as to ...
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