Logistics News

China banks on rail boom to fire inland growthApr 20, 2010

In southwestern Yunnan province, giant concrete pillars bestride the fields, tracing the route of one of scores of new rail lines that China is building, Reuters reported. In western Xinjiang, construction crews toil on a lonely line crossing the desert wastes to the Silk Road city of Kashgar. From one end of the country to the other, China is in the mid...

Shanghai Pudong Airport Comprehensive Bonded Area opensApr 20, 2010

SHANGHAI Pudong Airport Comprehensive Bonded Area has passed acceptance inspection by the state government and has become operational, Logistics Week reported. The facility is in the west of the Pudong Airport, covering an area of 3.59 square kilometres. Deputy Director of Shanghai Customs Zhong Baohua said the facility would promote the development of ai...

Yangtze River Express starts Shanghai, Prague, Luxemburg cargo serviceApr 20, 2010

SHANGHAI's Yangtze River Express, has started a Shanghai, Tianjin, Prague, Luxemburg, Shanghai service, Logistics Week reported. This is the fifth intercontinental route operated by Yangtze River Express after launching services to Los Angeles, Boston, Dallas and Luxemburg. Using a Boeing 747-400 freighter, the service takes off every Monday, Thursday an...

Lufthansa Cargo increase first quarter volume 19.3pcApr 20, 2010

LUFTHANSA Cargo has reported a 19.3 per cent year-on-year gain in its first quarter traffic figures, with total volume for the period amounting to 390,000 tonnes. Highest growth was in the Americas, which reported 27.8 per cent expansion, as well as Asia-Pacific, which witnessed a rise of 21.7 per cent. Increased loads came despite targeted measures to ...

Airbridgecargo fleet up to nine 747s with new B747-400Apr 20, 2010

RUSSIA's AirBridgeCargo Airlines (ABC), the scheduled cargo unit of Volga-Dnepr Group and the country's biggest international air cargo carrier, has added a sixth B747-400ERF, increasing its total 747 fleet to nine aircraft. Less than two weeks after taking delivery of its fifth Boeing 747-400, ABC leased the latest aircraft from Air France. "This inves...

US freight index rises, but still 14pc down from May 2006 peak Apr 20, 2010

THE US Department of Transportation has issued the latest edition of its Freight Transportation Services Index (TSI), which shows volumes increasing 0.3 per cent in February from its January level for the second month in a row. February TSI numbers also stood at 96.9, a 3.6 per cent increase from May 2009 when the index hit 93.5, its lowest level since Ju...

Dachser '09 revenue down 9.5pc, but volume rises 1pcApr 20, 2010

GERMAN logistics giant Dachser said its revenue fell 9.5 per cent in 2009 to US$4.4 billion, despite a one per cent increase volume to 41.8 million consignments. Revenue from moving consolidated consignments in Europe, which accounts for two-thirds of its business, declined nine per cent, reported American Shipper. "The Dachser Air & Sea Logistics bus...

UPS first quarter up 37pc, international package boostApr 20, 2010

UPS first quarter earnings increased 37 per cent on the back of stronger than expected growth in both the International Packages, up 18 per cent, and Supply Chain and Freight, up 14 per cent, showing its first year-on-year growth in 24 months. UPS chief financial officer Kurt Kuehn said despite the challenges of 2010 economic recovery the firm had "gather...

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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

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