THE group of Lucio Tan Junior has wrapped up a deal to acquire a majority stake in Manila-based Johnny Air Cargo, using listed MRC Allied Inc as the vehicle to consolidate the various business divisions of the Filipino-owned remittance and air freight services company before it goes public. The Manila Business Mirror reports that the deal gives MRC Alli...
A US federal judge has dismissed trucking industry arguments that parts of the Port of Los Angeles' Clean Trucks Programme violates federal law, and said provisions for drivers and services can proceed. The ruling, which could lead to the unionisation of harbour truckers, is expected to be appealed by the American Trucking Associations, the plaintiff i...
QINZHOU bonded area of Guangxi autonomous region has become China's only checkpoint for whole-car imports, said Xinhua. It is reported that there will be 50,000 cars imported to China through the Qinzhou bonded checkpoint in 2015, while exported cars through this checkpoint will be 250,000 then. Located in Guangxi's Beibu Gulf economic zone, it is...
TURNOVER of Hong Shan logistics park in Inner Mongolia reached US$560 million in the first half of 2010, reported Xinhua. As one of the major logistics projects in Inner Mongolia, the total investment of Hong Shan logistics park is amounted to $884 million. An investment of $489 million was made before the end 2009, and an additional investment of $220 ...
Japan Airlines, the carrier that filed for the country's biggest non-financial bankruptcy protection ever, has unveiled a final, more-aggressive version of its restructuring plan that speeds up a big cut in its workforce and slashes more unprofitable routes, reported Dow Jones Newswires. But JAL still faces challenges as it pushes ahead with its reform...
SHREVEPORT Regional Airport's Air Cargo West Facility has signed a 10-year lease with FedEx, with the option of picking up another 20 years through three option periods. Rival UPS has also renewed a five-year lease for the facility. The air cargo park, located next to the airport, opened last year. It was built to the specifications of FedEx, which is ...
Vietnam Airlines recently ordered four 777-200ERs from Boeing as part of its interior modernisation programme. The airlines currently operates 75 routes to 20 domestic and 26 international destinations. With a fleet of 70 aircraft, Vietnam Airlines plans to expand its fleet to 112 aircraft in 2015 and 165 in 2000. (Source:www.schednet.com)
MAXIMUS AIR CARGO, a member of the Abu Dhabi Aviation Group, has pledged three free-of-charge cargo flights to Pakistan during the UAE Telethon for Pakistan. The three cargo flights will depart for Pakistan over a two-week period and will carry 150 tonnes of vital supplies. These are likely to include tents, blankets and drinking supplies for those hit ...
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