China Post is planning to list the shares of China Postal Express and Logistics Corporation, its express and logistics unit, in Shanghai or Shenzhen next year, according to a source familiar with the matter, China Daily reported. The float will make China Postal Express and Logistics Corporation the first listed express company in China, said Shao Zhongli...
Consensus over a proposed agreement on transit trade between Pakistan and Afghanistan remained elusive during a special meeting on the stalled Afghanistan-Pakistan Transit Trade Agreement, Business Recorder reported. This is in spite of the considerable pressure from the United States on Pakistan to agree to an Afghan proposal to open a land route enabl...
DB SCHENKERskybridge has developed a five-times re-usable cardboard box system for shipping foil wrapped garments on hangers, the company has announced. The boxes, said the company, can be re-folded for return transport to Asia in ocean freight containers and render the garments ready to wear on arrival at the retailer's premises. DB Schenkerskybri...
THE Pune customs department in India has started the process for granting approval of international air cargo movement from Lohegaon airport. "We are taking up the matter with the Finance Ministry before we communicate our decision to the concerned airport authorities," Pune customs commissioner R Sekar said in a Times of India report. The report sa...
AIR FREIGHT is said to be piling up at Air India's export warehouse at the old airport in Chennai. There have been reports of 76 trucks laden with cargo intended for export, ranging from electronic components to perishable vegetables, having to return without being unloaded. The warehouse also has not been accepting all fresh consignments because pendi...
CONSTRUCTION has commenced on the third Dachser-Eurohub near Clermont-Ferrand in central France for a 60,600-square-metre site creating 100 new jobs for the Combronde region at a cost of EUR10 million (US$12.66 million) and employing the use of double-deck swap containers. The hub will enable 80 per cent of the French market to be reached within 24 hour...
Irish airline Ryanair Holdings lost its court battle over whether the carrier can take over rival Aer Lingus Group, the Wall Street Journal reported. The European Union's (EU) General Court ruled that the European Commission correctly blocked Ryanair's takeover bid for the former state-run carrier. The court said the dominant positions that would ...
Momentum Logistics, subsidiary of international port Management Company, Gulftainer, has completed development of the third phase of new warehousing which offers nine new 800 sqm and three 600 sqm units bringing the total units on site to 35 at the Sharjah Inland Container Depot (SCID), Emirates News Agency reported. The initial vision behind SICD was t...
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