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CHINA Eastern Airlines Corp has announced its first half results with revenues rising 93.38 per cent year on year to CNY33.13 billion (US$4.87 billion) and profit 78.8 per cent to CNY1.76 billion (US$259 million). Traffic volume was up 61.98 per cent year on year to 5,934 million tonne-kilometres. Revenue grew 86.44 per cent to CNY30.1 billion because o...
ROAD transport rates in Europe rose in the second quarter to index 100.9, an increase of 13.5 per cent compared to the previous quarter of this year, according to Transport Market Monitor published by European consultancy Cap Gemini Consulting and Transporeon. The authors of the report attributed the rate increase to a "significant" drop in available ca...
WANZHOU, a developing district of Chongqing, will invest CNY6 billion (US$880 million) to develop a logistics park in its Xintian Port, reports Xinhua. Covering 10 square kilometres and a shoreline of 3.3 kilometres, Xintian Port will build 10 containership berths and eight conventional berths. Annual throughput will be 1.5 million TEU. The developm...
YIWAN Railway, considered the most expensive build as crosses the most difficult mountainous terrain, was completed on August 18 and will start operation in November. The CNY22.5 billion (US$3.31 billion) project took seven years to build and cost CNY60 million per kilometre over its 377 kilometre length from Wuhan on the Yangtze upstream to Chongqing. ...
Apeejay Infralogistics, a 50:50 joint venture between the Apeejay Surrendra Group and the UK-based Eredene Capital has launched two logistics parks at Haldia (West Bengal) and Kalinganagar (Orissa), reported The Hindu. “We've already started commercial operations at both the places, but it will be some more time before all the facilities are in p...
THE International Air Transport Association (IATA) has unveiled an agenda for Australian aviation that addresses infrastructure, training, environmental and liberalisation issues. IATA director general and CEO Giovanni Bisignani called on Australia to remove outdated ownership restrictions for international aviation. "Historically, airlines have profit ...
AN Aerologic Boeing 777 Freighter with three female pilots has taken off from Leipzig/Halle Airport. The crew consists of commander Cristina Rossi, senior first officer Monika Koelling and first officer Stefanie Daeubler. "This is a premiere in international aviation. Never before has a freighter been crewed by three women pilots. We're proud of the fa...
KUWAITI global logistics company Agility's second quarter operating profit dropped 50 per cent over the previous year to KWD20.74 million (US$71.97million) but increased nine per cent quarter to quarter. Revenue increased three per cent year on year and by six per cent over the previous quarter to KWD428 million, said UK's Transport Intelligence. ...
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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