Logistics News

Asia Pacific air cargo on track to restoring profitability Aug 30, 2010

ASIA PACIFIC carriers have been experiencing a rebound in air cargo demand in 2010, according to the Association of Asia Pacific Airlines (AAPA). AAPA said its traffic results for July "provide further evidence of the strength of the recovery in both passenger and freight markets, with volumes surpassing pre-recession levels," it said. "Commercial activ...

CEVA to provide home delivery services for Pet Line in HKAug 30, 2010

CEVA Logistics has signed a two-year contract with Pet Line Company Limited, a pet food and accessories wholesaler and retailer in Hong Kong. As a major part of the contract, CEVA will provide its home delivery service to facilitate a new service offering from Pet Line called Pet Home, which was launched at the end of July. Pet Home allows customers to ...

Damco to spend US$4 million on Vietnam logistics hub Aug 30, 2010

DAMCO will invest more than US$4 million and operate a 26,000-square metre logistics centre built by Thai Binh Shoes Logistics (TBSL) in Binh Duong, 25 kilometres from Ho Chi Minh City, the company announced. Said Damco country manager Narin Phol: "The new facility is positioned to meet customer needs for quality and flexible integrated logistics soluti...

Singapore to build two overpasses to upgrade Woodlands artery Aug 30, 2010

SINGAPORE's Land Transport Authority (LTA) has announced three to four years of highway construction starting about a year from now on two flyovers, or overpasses and widening of Upper Bukit Timah and Woodlands roads to improve traffic flow. First, the government will need to acquire private lands along the corridor under the Land Acquisition Act, said...

Small increase in Toll annual profitAug 27, 2010

Transport and logistics firm Toll Holdings posted a three percent rise in the year to June 30 to U$246.21 million from $238.27 million a year ago, highlighted by improved margins across its global logistics division, reported Dow Jones Newswires. The firm said while trading conditions across its key Australian market stabilised in the second half of the...

Lufthansa extends temperature-sensitive freight serviceAug 27, 2010

GERMANY's Lufthansa Cargo now offers customers greater refinement in temperature sensitive air freight by adding the latest generation of containers called "opticoolers" in Frankfurt. Developed jointly with the cargo equipment manufacturer Dokasch, the "opticooler" combines compressor technology as opposed to dry ice with optimum reliability and consta...

Japan's ANA boosts cargo flight frequencies to AsiaAug 27, 2010

JAPANESE air cargo carrier ANA (All Nippon Airways) plans to raise the number of freighter flights on its services connecting Japanese commercial centres to mainland China, Hong Kong and Taiwan. "Demand for these routes has recovered remarkably during this fiscal year," the carrier was cited as saying in a statement, reports London's International Frei...

Singapore's Changi loses air freight to Hong KongAug 27, 2010

HONG KONG's airport is said to be gaining market share over Singapore's Changi Airport, which has been losing ground to regional rivals as it recovers slowly from last year's economic downturn. In July, cargo handled at Changi increased 11.8 per cent to 158,000 tonnes year on year. In the first seven months of the year, one million tonnes were handle...

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Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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