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LOS ANGELES International Airport has started requiring air freight shippers to screen 100 per cent of cargo placed in the bellies of wide-body aircraft passing through its gates as part of the Certified Cargo Screening Programme. Some of the security screening will be completed by independent facilities such as Mercury Air Group that has a Cargo Screen...
MACAU export airfreight grew significantly by 59 per cent year on year to 16,366 tonnes in the first half year of 2010 with its main destination of Taiwan accounting for 72 per cent of the total, according to data released by the Macau Statistics and Census Bureau. Meanwhile, its incoming airfreight surged by 63 per cent to 8,342 tonnes. Taiwan also too...
CATHAY PACIFIC has entered into a letter of intent with the Airbus Company to buy 30 Airbus A350-900 aircraft. The airline has also expressed its intention to exercise existing purchase rights in respect of six Boeing 777-300ER aircraft. The total value of the intended aircraft purchase at list prices is about HK$75 billion (US$9.66 billion). This is a ...
SINGPOST plans to continue expanding its logistics capabilities in North Asia, as part of its revenue diversification programme. This comes after the Singapore mail, express and logistics group's revenue for the first quarter of its 2010-11 financial year, which ended June 30, rose by 13.5 per cent compared to the same quarter a year earlier to S$138.2...
Hapag-Lloyd will launch an Atlantic Express Shuttle between North Europe and the East Coast of North America, effective Sept. 25. The shuttle will provide a weekly service directly between Antwerp and New York, with a transit time of nine days. It is meant to enhance the existing GA services PAX and ATX and will help meet increasing customer demand, acc...
YRC Worldwide's second-quarter loss narrowed on lower expenses, while the ailing trucking company still reported lower revenue and shipments again fell for its national and regional businesses, reported Dow Jones Newswires. The company has been struggling under a heavy debt load, compounded in recent years by once-surging fuel costs, then a slump in sh...
Thailand's Finance Ministry has approved a US$467 million fund-raising plan for state-controlled Thai Airways International, a senior ministry official said. Sathit Limpongpan said the ministry would inject half of the money into the airline, reported Reuters. He said the airline, 51 percent owned by the government, would not need the $622 million ...
Mexicana Airlines, the busiest foreign carrier at Los Angeles International Airport, has filed for bankruptcy protection in the US and Mexico, blaming much of its financial trouble on high labour costs, reported The Los Angeles Times. The debt-ridden airline made the announcement one day after suspending 31 flights in Mexico and across the US, including...
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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