KAWASAKI Kisen Kaisha ("K" Line) has reached an agreement with US-based Air Tiger Express Companies, Inc (ATEC), to acquire 51 per cent of ATEC's shareholding to boost its logistics business. The deal involves the acquisition of an initial 26 per cent stake in ATEC, with an option to purchase a further 25 per cent, reports the UK's Transport Intelligenc...
TAIWAN's Transasia Airways has suspended a weekly Kaohsiung to Kunming service on Tuesdays, so as to adjust its air capacity following seasonal market change, reports Logistics Week. The flights (GE3662/3661) started operation on August 25 and conducted 18 departures and landings with a transport volume of 1,599 passenger trips overall. Transasia Airwa...
DRAGONAIR will increase frequencies on its services to a number of destinations in mainland China and within the region this summer in order to meet seasonal demand effective from March 28 to October 23. From May 1, the number of flights to Hanoi, the capital of Vietnam, will rise from daily to 10 per week. The additional frequencies will offer more conve...
Aramex, the global transportation and logistics provider, has promoted Nabil Zaghloul to the position of Station Manager, Heathrow. Nabil Zaghloul was the former Finance Manager of the station at Heathrow. Reporting to the UK Managing Director, Jim Armour, Zaghloul will be responsible for all of the company's multi-modal operations at Heathrow ...
Bowker Group was founded in 1919 and has grown into one of the largest independent third party logistics (3PL) service operators in the North of England. Today, Bowker provides a range of contract distribution and dedicated and shared user warehousing services from three strategically located facilities at Preston, Leyland and Hull. The company has a diver...
For the tenth time in a row, Czech Airlines took first place in the Best Airline category in the TTG Travel Awards. The award is awarded annually by tourism experts – the readers of the industry magazine TTG Czech. In the Best Airline category, nearly 850 industry professionals evaluated the quality of the services and the offering of airlines activ...
JAPAN’S “big three” ocean carriers, Mitsui OSK Lines (MOL), Nippon Yusen Kaisha (NYK) and K Line, have seen their financial results suffer in the nine months from April 1, 2009. Tokyo-based MOL managed to stay out of the red despite its overall results being much lower than the same period last year. The ocean carrier recorded a revenu...
Swedish companies are showing a cautious confidence in the transport branch. In January 2010, the Transport Indicator read a level of 6. Approximately 33% of survey participants believe that the state of the industry, as well as the state of their own companies, will improve within the next three months. A faint cloud of uncertainty still hovers above the i...
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