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Media
Logistics group Cogent Holdings, plans to raise net proceeds of US$6.4 million in an initial public offering in Singapore, Today Singapore reported. Cogent is a full-service logistics management service provider in Singapore, which provides trucking services between ports and warehouses as well as transportation for oil and gas equipment. It manages and...
Toll Global Forwarding (TGF) has completed deployment of its iCON supply-chain technology throughout its entire Europe and Middle East region. iCON (Information Control platform) is a modular system that manages end-to-end supply chain processes and information flows, providing complete visibility and information control for customers, staff and service p...
New Zealand-based transport company Mainfreight said its nine-month profit fell, but recent trading conditions pointed to an improvement in the fourth quarter, Dow Jones reported. Profit before one-time charges was US$19.2 million in the nine months ended December 31, 2009, a decline of 7.6 percent compared to the same period a year earlier,. It said it...
Panalpina is offering two new LCL (less than container load) services to its ocean freight customers. By adding seamless connections between Belgium and the US as well as between China and Poland, the company can provide end-to-end services. “Contrary to the overall market development, the demand for additional in-network LCL ocean freight service...
Logistics provider Pacer International posted a fourth-quarter profit, helped by lower costs, reported Reuters. Pacer said it expects gross margins for this year in the 19 percent range and sees an operating income compared with a loss in 2009. It expects overall intermodal volume to be down 20 percent for the year primarily due to expected reductions i...
Supply chain and logistics firm Arshiya International will invest US$541 million to set up five Free Trade Warehousing Zones (FTWZ) across India by 2012, a top official told Reuters. FTWZs are created near a port or a hinterland, which allow duty-free storage of imported goods and also provide space for assembling products, which are services provided by ...
GERMANY's Lufthansa Cargo AG has announced senior management changes, starting with Joerg Eberhart who has been appointed as the new managing director of AeroLogic GmbH, an air cargo carrier that is jointly owned by Lufthansa Cargo and DHL Express. Mr Eberhart succeeds Thomas Papke, who is moving to a new post in charge of procurement at Lufthansa passen...
KOREAN AIR has announced that it will resume services to St Petersburg from March 30, the beginning of its summer season in the northern hemisphere. The Incheon-St Petersburg flights will operate three times a week, Tuesdays, Thursdays, and Saturdays, deploying an Airbus 330 seating 226 passengers. KE929 flights depart Seoul/Incheon at 1745 hrs and arri...
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
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