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Media
A TEST flight from Shanghai to MidAmerica St Louis Airport in Illinois across the Mississippi River 25 miles east of St Louis, Missouri, went well and the airport officials now hope regular flights will start by the end of the year, reports The Associated Press. But this flies in the face of the ambitions of St Louis Lambert Airport on the Missouri side...
CHINA's powerful National Development and Reform Commission (NDRC) has approved Air China's plan to set up an air cargo joint venture with Hong Kong's Cathay Pacific, which paves the way for a start up later this year, reports Dow Jones. But Air China said it still needs to secure the approval of the Ministry of Commerce. Cathay Pacific, of which Air...
USA TRUCK INC has entered into a long-term agreement with the BNSF railway to move private 53-foot domestic intermodal containers. This development comes as USA Truck saw intermodal revenues increase by 50 per cent during the first half of 2010 compared to the same period last year. Most revenue was derived from its trailer-on-flat-car service. The ...
WEEKLY intermodal volumes have reached new highs in 2010, according to the Association of American Railroads (AAR). Its figures show that 236,400 trailers and containers were moved in intermodal service during the week ending August 21, and increase of 22.4 per cent from the same period in 2009. This marked a new weekly high for the year, exceeding the ...
AUSTRALIAN shippers will resume their attack on Qantas and other major air cargo carriers for alleged price fixing after a high federal court judge quashed two rulings of a lower federal court. Now that Full Court of the Federal Court of Australia has overturned a decision the Federal Court, the claim led by shipper Auskay International Manufacturing &a...
TWO ex-vice presidents of South Korea's Asiana Airlines have been indicted in the US on charges of conspiring to fix prices for economy class seats on US-South Korea flights. Kang Joo Ahn and Kwak Chung Sik, each a former Asiana vice president of the Americas, face 10 years in prison and US$1 million fines, reported Bloomberg. Sixteen airlines have...
AIR China profit soared 60 per cent in the first half of 2010 due to rising air traffic demand, said Xinhua. Net profits totalled CNY4.69 billion (US$675 million), in which revenue from cargo increased 109 per cent to CNY4.13 billion, the company said in a statement filed with the Shanghai Stock Exchange. (Source:www.schednet.com)
CHINA Southern Airlines has announced a half-year net profit increase of 8,184 per cent year on year to CNY2.07 billion (US$304 million) partly because of growing demand, but mostly because of the CNY1.6 billion sale of its Zhuhai maintenance unit to its parent, China Southern Air Holding Company. Revenue was up 40 per cent to CNY33.94 billion year on y...
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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