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FOLLOWING the Civil Aviation Authority's award of Code F status to Stansted, the UK's third busiest airport, which now accommodates the Airbus A380 and the new Boeing 747-8 to land, British Airways World Cargo is the jumbo base at the airport. The cargo airline will operate schedules to destinations such as Hong Kong, Atlanta, Houston and Shanghai - a...
HONG KONG's Cathay Pacific Airways has released combined statistics with Dragonair showing July cargo and mail volume grew 18.1 per cent to 157,374 tonnes year on year. The cargo and mail load factor was 76 per cent, up 3.4 per cent. Yet capacity, measured in available cargo/mail tonne kilometres, grew 21.3 per cent. Tonnage also soared 23.4 per cent c...
THE Japan International Cooperation Agency (JICA) overseas development assistance (ODA) has agreed a loan of US$18.5 million with the Indian government for phase two of a dedicated freight corridor (DFC) project on the western corridor between Delhi and Mumbai. The loan will fund the building of 552 kilometres of track with fully automated signals and c...
CHINA has announced a plan to build the world's largest and fastest rail system by increasing the Beijing-Shanghai High-Speed Railway velocity to 380 kilometres per hour by 2012, reported Xinhua. China has the world's fastest high-speed rail system with the Beijing-Tianjin Intercity Railway, the Wuhan-Guangzhou High-Speed Railway, the Zhengzhou-Xian H...
Global freight forwarding has led an unparalleled market rebound this year after contracting by almost a quarter in 2009, research contained in the latest report from Transport Intelligence (Ti) reveals. According to the report, Global Freight Forwarding 2010, the international freight industry went into freefall last year with the market falling by 23 ...
Debt-ridden airline Mexicana de Aviacion needs a cash injection of at least US$100 million to keep flying, the company's chief executive said. "What we are looking for is between $100 million and $150 million," chief executive Manuel Borja said in an interview with Radio Formula. Time is ticking for troubled Mexicana, which has ceased flying more t...
India's Ministry of Civil Aviation will invest US$780 million in the financial year that began April 1 to upgrade 36 airports, reported Dow Jones Newswires. Joint Secretary Alok Sinha said that of the $780 million, around $346 million is expected to be raised through loans and $130 million would be offered as a grant by the federal government. The ...
UK UNIT of Air Menzies International (AMI), one of the largest movers of export air freight in the country, has appointed a sales general manager to assume responsibility for the company's Spot Rate operation. Neil Cross holds 20 years of sales and heads up the seven-strong team who provide bespoke quotes for import and export shipments, reporting dire...
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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