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Freight traffic leaped by 34.3 percent in May, rising above pre-recession levels, the International Air Transport Association (IATA) announced today. “Demand rebounded strongly in May following the impact of the European volcanic ash fiasco in April. Passenger traffic is now one percent above pre-recession levels, while the freight market is six p...
Reliance Industries' (RIL) retail arm will support air cargo firm Deccan 360 by building a central warehouse at its base in Nagpur and opening 350 outlets of Reliance Retail over the next three months following the company's buying stake in the airline. RIL strategic investment aim is to gain a dedicated cargo service with the airline gaining IT autom...
WITH the recovery in India's air cargo business, several global and domestic airlines are planning to add new destinations or capacity to their India networks. According to the International Air Transport Association (IATA), freight volumes temporarily disrupted by the volcanic ash cloud in Europe actually grew by 26 per cent in the first quarter and y...
THE GAC Group has established a coordination office in Rio de Janeiro, Brazil. From there, GAC Brazil's team will liaise with a network of approved sub-agents to offer a wide range of port agency services, husbandry services, crew changes, medical assistance and provisions at all major Brazilian ports. "We operate in a world where clients want more...
MONTREAL's SNC-Lavalin, an engineering and construction group, has awarded Kuehne + Nagel a contract for global logistics services related to its EUR785 million (US$963.05 million) project with Sonatrach, Algeria's national oil and gas company. Sonatrach's gas treatment complex is being built in Rhourde Nouss in the Sahara Desert, 1,200 kilometres so...
THE American Association of Railroads (AAR) reported US intermodal traffic reached its highest increase since November 2008 at 227,985 units in period of a week ending June 19, a 21.2 per cent jump year on year with container volume and trailer volume spiking 23.3 per cent and 10.5 per cent respectively. Carloads gains came in at 284,913 in the week up ...
In order to strengthen its position in the contract logistics market in the Baltic region, Kuehne + Nagel has opened a new distribution centre near Riga. Designed to serve as the central hub for Kuehne + Nagel's logistics activities in the Baltic States, the new centre will enable the company to further expand its portfolio of integrated supply chain m...
The World Customs Organization (WCO) and The International Air Cargo Association (TIACA) have signed a Memorandum of Understanding to help identify how the air cargo industry can assist in priority Customs objectives and to discuss how these can be best achieved with minimum disruption to commercial operations. The MoU was signed in Brussels by WCO Secr...
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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