Media
Media
HE roof of a factory of Shenzhen's China International Marine Containers (CIMC) in the City of Nantong on the other side of the Yangtze and upstream from Shanghai, has collapsed, burying eight workers. Police have detained six suspects in connection with the collapse, including safety inspectors and two project managers, who allegedly arranged for constr...
ISRAELI flag carrier EL Al reported made a 2009 loss of US$75 million against a 2008 loss of $5.7 million drawn on last year's revenues of 1.65 billion, a 21 per cent drop from the previous year's $2.01 billion. Fourth quarter profit and revenues losses narrowed with revenue at coming in at $413.7 million last year from $462.7 million the year before, a...
ATSG (Air Transport Services Group Inc) has posted fourth quarter net profit of US$45 million in 2009 against $59.9 million in 2008, drawn on revenues of fourth quarter revenues $250.5 million in 2009 against the $257 million in 2008 sales. ATSG, parent of ABX, which only recently announced the coming resumption of a deal to again run aircraft for DHL, ha...
EVERGREEN International Airlines has filed a US$175 million lawsuit against Boeing after the aircraft manufacturer allegedly reneged on a Dreamliner contract on which Evergreen depended for its income over 20 years. McMinnville, Oregon-based Evergreen alleges Boeing terminated the contract in bad faith, then awarded it to rival Atlas Air and passed along ...
FEBRUARY air cargo traffic at Los Angeles International airport was up 26.6 per over the same period last year when the transpacific hub recorded its steepest throughput decline in recent history. The report suggested an easing of the sharp recovery seen among Asia-Pacific carriers in the latter part of 2009, but tonnage did not exceed the level achieved ...
GEORGIA's two US senators are pressing for federal funding to dredge Savannah Harbour to make it accessible for the larger ships before the opening of the Panama Canal in 2014, reports the Atlanta Business Chronicle. Republican senators Johnny Isakson and Saxby Chambliss are seeking US$105 million from the Democrat-dominated Senate Appropriations Committ...
HONG KONG-based privately held "mid-major" forwarders of Overseas Group and Globe Express Services has merged, but will retain individual management teams for supervising Overseas American exports to Europe market and Globe's Middle East and GES Asian imports to the US. Overseas president Gilbert Khoury said by combining non-competing activities of the t...
VANGUARD Logistics Services (VLS), of Los Angeles, has expanded its Asian presence with a new office in Johor Bahru, Malaysia, the company announced. Vanguard Logistics Services and Vanguard are trade names of Vanguard Logistics Services (Hong Kong) Limited in Hong Kong. Vanguard Logistics Services and Vanguard are trade names of NACA Logistics (USA) Inc ...
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
qq.com