Siemens Mobility received an order from Rapid MetroRail Gurgaon Limited (RMGL) to build a metro line to the urban business district of Gurgaon Cyber City. The 6.1 kilometer line will link the new business and residential quarter about 30 kilometers south of downtown Delhi with the capital’s metro rail network. This is the first time that Siemens Mobil...
Yamato Holdings plans to set up four large-scale distribution centres in the Tokyo metropolitan area to meet growing demand from online and catalogue sales companies, according to Nihon Keizai Shimbun. The door-to-door parcel delivery firm plans to start building two distribution centres -- one adjacent to Tokyo's Haneda airport, and the other in Aikawa,...
India's Sical Logistics is reportedly selling its interest in a port in southern India to Singapore's PSA International. A report in an Indian newspaper, The Mint, said Sical is selling its 27 per cent stake in the new container-handling facility in Chennai to PSA, its joint venture partner. There were no financial details, but the report said proceeds fr...
HNA Group, parent company of Hainan Airlines, the largest private air carrier China, has acquired 60 per cent stake in TTK Express, a local express company, to launch itself into the express industry, Logistics Week reported. This is the first substantial step taken by the HNA Group in materialising its strategy to expand itself in the logistics industry....
CHINA Southern Airlines said it was looking to build alliances with both local and foreign carriers, so as to better position itself in the domestic cargo market. The cooperation could come in the form of a joint-venture cargo airline, Aircargo Asia Pacific reported. The carrier had previously planned a tie-up with Air France-KLM, only to watch the deal...
RELIANCE has purchased an undisclosed strategic stake in cargo airline Deccan 360, in a move that is expected to help spur a significant expansion of the carrier's road and air service network in India. Air Deccan chairman GR Gopinath said that the size of the stake was between 26 and 49.9 per cent, Bloomberg reported. The purchase came just days after...
ROME and Milan were the only European destinations Hong Kong's Cathay Pacific Airways has been able to serve and would go on doing so as long as possible, said a statement from the airline. Other Asian and American airlines are also using Barcelona, Madrid, Athens and Istanbul, discharging freight to be forwarded by other modes of transport. Cathay sai...
DHL has announced it will focus efforts on the growing trade between north Asia Pacific and emerging markets in Middle East and Africa, which, at present, was experiencing rapid growth in chemicals and life science exports. Airfreight traffic between the two regions is expected to grow by 8.3 per cent per annum till 2015, while ocean freight is set to ris...
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