CHICAGO-BASED Boeing has announced that it will establish a manufacturing plant at MidAmerica St Louis Airport in south western Illinois by the end of year or early next to support its defence programme. Supported by the Illinois governor, the state is providing Boeing US$2.3 million, $2 million of which comes in tax credits over 10 years. The facil...
AIR cargo traffic of US domestic market contracted 12 per cent in 2009, which was the largest year on year decrease in the industry, reported by the Air Transport Association of America (ATA). The industry's operating revenues were also down 16.9 per cent to US$155 billion last year. This represents a decrease over two consecutive years, and the indust...
US DEPARTMENT of Transportation (DOT) has selected corridors along the west, east and Gulf Coasts, Great Lakes and inland waterways at an initial funding of US$7 million to tackle road congestion, climate change and maintenance costs. To date, the department has awarded $58 million in grants for projects to support the start-up or expansion of Marine Hi...
CHINA POST has installed a new call centre system for its subsidiary China Post Logistics (CNPL) to enhance its call centre effectiveness by offering advanced voice, postal handling, customer service and surveillance systems. CNPL aims to facilitate its customer services will include postal enquiries, postal collections, business enquiries and complaint...
New Zealand's Mainfreight Ltd saw its net profit and revenue move up strongly in the first three months of the current financial year and it expects the trend to continue throughout the first half, reported Dow Jones Newswires. The Auckland-based company said its net surplus after taxation and abnormals was US$4.84 million in the first three months of ...
Kerry Business Outsourcing Solutions (KBOS) will launch a comprehensive range of services to enable corporations to outsource non-core business activities from records retention, office asset management, to shipment order handling and logistics. KBOS will offer a one-stop-shop service including integrated records solutions, deeds management, office asse...
Indian logistics company Gati swung to a consolidated fiscal year net profit from a loss the previous year as exceptional items were reduced to zero, Dow Jones Newswires reported. The company, which counts its fiscal year from July 1 to June 30, posted a profit of US$2.03 million for the year ended June 30, from a loss of $4 million the previous year. ...
Tam, Brazil's biggest airline, had its purchase of rival Pantanal Linhas Aereas approved by regulators, Estado news agency reported. Tam, which agreed this week to merge with Chile's Lan Airlines, will be able to take over regional carrier Pantanal without restrictions. Tam announced the takeover of Pantanal last year. The anti-trust regulator sai...
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