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DHL will spend US$61.6 million in Asia Pacific over the next five years to grow its technical services business, boosted by the success of its first fully-integrated technical services competency centre in Penang, Business Times reported. DHL Supply Chain (DSC) Asia Pacific chief executive officer Paul Graham said the 200,000 sq ft Penang distribution h...
EUROGATE, Europe’s leading container terminal operator group, is attending transport logistic China 2010, the International Exhibition for Logistics, Telematics and Transport in Shanghai for the third year running. The trade fair takes place from 8 to 10 June 2010 parallel to Expo 2010. For the first time, EUROGATE is sub-exhibitor at the collective &...
Air France-KLM has denied a press report that its Air France unit plans to consolidate its cargo activities into its passenger business and discontinue its cargo fleet, Dow Jones reported. "There are no plans to give up our cargo aircraft fleet," a spokeswoman said. Citing trade union sources, French daily Le Figaro reported that the airline is cons...
DHL today announced the appointment of Tom Wong as DHL Supply Chain's managing director, Hong Kong and Macau. Building on growing business momentum of DHL Supply Chain in Hong Kong, Wong will lead the team to tap into emerging business opportunities in the strategic markets in the region, as well as strengthen synergy of the team to further enhance ser...
Globaltrans is interested in buying a stake in the soon-to-be-formed Russian Second Freight Company and may invest US$808.8 million, Reuters reported. Globaltrans Investment, Russia's largest private rail freight operator, has not excluded doing a secondary share placement or bond issuance in order to finance the acquisition, according to sources. ...
DHL is setting up a logistics and warehousing facility with an initial investment of US$10 million at the free trade warehousing zone (FTWZ) at Sriperambadur near Chennai, the Economic Times of India reported. The facility is expected to be ready for business by November of this year. DHL's site at the zone, spanning a total land area of over 260,0...
British Airways' (BA) cabin crew has kicked off another five days of strikes after talks between the airline and Unite union negotiators broke down late last week without a deal being reached, Dow Jones reported. BA said it hopes to operate more flights in the coming days than during the previous disruption last week. The carrier is increasing its ...
Russia's largest airline, state-controlled OAO Aeroflot, is no longer interested in buying carriers outside its home market, according to the company's chief executive, Dow Jones reported. Vitaly Saveliev was appointed CEO last year, replacing Valery Okulov, under whose leadership the company had considered buying stakes in Alitalia, Austrian Airlines...
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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