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Container haulier and logistics service provider Kontena Nasional expects its halal logistics division to contribute between US$2.2 million and $2.5 million, or about five percent, to annual revenue from this year, Business Times reported. Up till May this year, the group handled some 216,000 tonnes of halal products worth $139.3 million. With the g...
YRC Worldwide, as part of an effort to focus on its core trucking operations, said it agreed to sell a portion of its logistics business to private-equity firm Austin Ventures for US$37 million, Dow Jones reported. Shares were up 17 percent to 21 cents in recent trading. The stock has fallen 75 percent this year following a recapitalisation at the start...
IBS SOFTWARE Services has reached agreement to provide low-cost American airline JetBlue Airways with a web-based solution to manage its cargo operations, reported Mumbai's Economic Times. Built on new generation technology, IBS's iCargo solution is designed to handle the cargo movement of freighters, passenger and cargo carriers, ground handling agen...
China's largest airline firm by fleet size China Southern Airlines has obtained the certificate for its domestic e-cargo service from the International Air Transport Association (IATA), Xinhua reported. China Southern is the first airline company in the Chinese mainland to obtain such certificate from IATA, signalling that the carrier has made breakthr...
LUFTHANSA has started a new cargo service from northeastern Chinese city of Tianjin to Frankfurt, Xinhua reported. This is Lufthansa's first service connecting north China and Europe, using MD-11 freighter that is able to carry up to 95 tonnes. The line offers two flights per week and will be upgraded to five or more according to market response. L...
NETHERLANDS-based CEVA Logistics has signed a one year agreement worth EUR4 million (US$4.94 million) with Dogus Cay, a leading tea manufacturer to manage its distribution in annual volume of 10,5000 truck loads throughout Turkey. Under the agreement, CEVA will collect goods such as tea, sugar, sauces and potato chips from Dogus Cay factories situated i...
German flag carrier Deutsche Lufthansa and pilots union Vereinigung Cockpit (VC), said that they have accepted a mediator's proposal and ended their long-lasting labour dispute, Dow Jones reported. VC said that the agreement protects jobs and assures the union's input in growth plans for the airline. In return, the union agreed to a pay freeze until M...
World Airways has expanded its cooperation with ANA-Allied Air Cargo to include a second MD-11F aircraft for service through December 2011 between Europe and various cities in Africa. W "World Airways is pleased to build on its existing relationship with ANA-Allied to further serve the needs of their business partners in Europe and in Africa with an add...
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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