Logistics News

US legal wrangle over abandoned boxes on China's docks May 28, 2010

NORTH China Cargo Services Inc, a California company, has appealed an judgment of the US District Court of California, after it ruled in favour of Shanghai's Sinotrans Container Lines Co Ltd that it was not responsible for containers abandoned on the Qingdao docks. The four-year back-and-forth litigation is over which party - shipper or carrier - is resp...

Cathay resumes Tokyo-Haneda daily, ups Taipei, Jakarta flights May 27, 2010

TOKYO International Airport (commonly known as Haneda) is to welcome twice-daily services from Hong Kong's Cathay Pacific after it pulled out in 1978 in favour of Narita International Airport effective October. The carrier currently operates 91 passenger flights and 11 freighter services weekly between Hong Kong and Japan's cities of Tokyo, Osaka, Nagoy...

Century Logistics quarterly profit increase fivefoldMay 27, 2010

CENTURY LOGISTICS Holdings Berhad, a provider of supply chain management solutions, recorded more than a fivefold increase in its first quarter ended March 31 net profit after minority interest of MYR6.6 million (US$1.98 million), up from MYR1 million a year earlier. Revenue rose by 51 per cent to MYR59.8 million, up from MYR39.6 million the previous year...

Beijing wants Air China-China Eastern-China Southern mergerMay 27, 2010

BEIJING wants Air China, China Eastern and China Southern to merge into one airline in a bid acquire 70 per cent of international air cargo from foreign carriers, but the move is also said to put the standing Cathay Pacific-Air China cargo deal at risk. Cathay Pacific has said that its Air China deal is safe as it owns a 49 per cent stake of the Beijing-b...

Lufthansa takes delivery of its first Airbus A380 May 27, 2010

LUFTHANSA has taken delivery of its first Airbus A380. It will be deployed on flights to China, starting from August 25. Germany's national football team will be among the first to test out the super-sized A380 when they depart from Frankfurt on June 6 bound for Johannesburg and their base during the World Cup. Two days later the mega aircraft will make ...

Ceva Logistics Earnings SoarMay 27, 2010

Pretax profit jumps 73 percent as revenue grows 14 percent Ceva Logistics, the global supply chain management company, reported strong growth in first quarter profit and revenue driven by cost controls and gains in contract logistics. The Netherlands-based firm’s earnings before interest, tax, depreciation and amortization rose 73.3 percent to $63...

Feds to Expand Freight Congestion Tracking May 27, 2010

Data gathered from trucks identifies bottlenecks, could help steer infrastructure planning Speed and location data collected from approximately 650,000 trucks is being used to pinpoint congestion hotspots nationwide and could play a key role in infrastructure planning and funding. That data has been collected by the American Transportation Research Inst...

Expeditors Air Freight Surges 49 PercentMay 27, 2010

April expansion outpaces ocean growth amid “pricing sensitivity” in shipping Expeditors International of Washington says its air freight tonnage soared 49 percent in April, growing faster than the 18 percent gain in the freight forwarder’s ocean volume. Both figures marked the faster year-over-year expansion than the Seattle-based comp...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

  • Business Type:trans/forwarder
  • Country:China