Logistics News

APL takes $300m loanMar 17, 2010

Singapore: APL is taking a $300m term loan from a syndicate of banks led by Sumitomo Mitsui Banking Corp. The $300m term loan is guaranteed by APL’s parent NOL and will be used for “general corporate funding purposes”. NOL said the loan was not expected to have any impact on net asset value. (Source: Sea Trade Asia)  

Ground-breaking of warehouse $515m warehouse, distribution centreMar 17, 2010

Goodman Group today hosted the ground-breaking ceremoyt for Interlink, its landmark warehouse and distribution development in Hong Kong's strategically important Tsing Yi port district, reported China Weekly News. Valued at more than US$515 million, Interlink is one of the largest industrial development projects currently being undertaken anywhere in the...

Panalpina expands LA warehouseMar 17, 2010

Panalpina Los Angeles has added an additional 3,900 sq m of warehouse space, further extending the company's portfolio of supply chain management services to clients in Southern California and beyond. Lucas Kuehner, US managing director, said: “As companies are increasingly outsourcing all but core functions, this latest expansion in the crucial So...

Asia-Pacific ahead of the recovery curve, says DHLMar 17, 2010

The recovery under way in global economic growth has encouraged logistics firm DHL to launch an investment plan that earmarks Hong Kong as a key distribution centre for the region, Paul Graham, the chief executive of DHL Supply Chain Asia Pacific told The South China Morning Post. "The market in the fourth quarter of last year and the first two months of ...

TNT makes importing easier with new online system Mar 17, 2010

TNT Express has launched its new Express Import system, which gives customers complete control over their import shipments. This web-based tool lets companies order the collection of import shipments from around 170 countries with quotations and billing in their local currency to better control shipping costs. TNT’s system enhances its current Exp...

Panalpina aims for volume growth in 2010Mar 16, 2010

Panalpina Welttransport Holding is aiming for volume growth in line with the broader transport market in its air and sea freight arms, chief executive Monika Ribar told Dow Jones Newswires. "We have stated very clearly we want to grow with the market and we are somewhat cautious because we have to grow profitably," Ribar said, after the Basel-based shippi...

Ground-breaking of warehouse $515m warehouse, distribution centreMar 16, 2010

Goodman Group today hosted the ground-breaking ceremoyt for Interlink, its landmark warehouse and distribution development in Hong Kong's strategically important Tsing Yi port district, reported China Weekly News. Valued at more than US$515 million, Interlink is one of the largest industrial development projects currently being undertaken anywhere in the...

IATA presses advancement of e-freight at Vancouver conventionMar 16, 2010

THE International Air Transport Association (IATA) called on the air cargo industry at its recent World Cargo Symposium in Vancouver to support e-freight, its initiative to reduce paper and move towards a simpler electronic environment. IATA, the main international industry association of airlines, reported that cargo revenues were down by one quarter in ...

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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