CHINA Southern scored a year-on-year increase of 3.3 per cent in its cargo volume to 861,900 tonnes and 13.8 per cent's increase in its passenger volume to 66.3 million in 2009, Logistics Week reported. Domestic passenger volume grew by 15.2 per cent to 61.1 million. Seat utilisation rate put on an additional 1.6 percentage points to 75.3 per cent. Load ...
AIRBUS and CDB Leasing, the financing arm of the China Development Bank, have agreed to cooperate on financing over five the next five years, reports the Wall Street Journal. Airbus said CDS Leasing would provide up to US$4 billion in financing for airlines over five years according to a memorandum of understanding signed by the two companies. CDS Leasing...
AIR China announced a 4.9 per cent year on year increase in its cargo and mail throughput in 2009 to 943,600 tonnes, Logistics Week reported. The carrier's passenger volume grew 16.3 per cent to 39.8 million of which 33.4 million were domestic travellers, up 19 per cent. Seat utilisation rate increased by 1.9 percentage points to 76.8 per cent. Load fact...
THE Dutch Maritime Research Institute of the Netherlands (MARIN) has formally recommended that all containers be compulsorily weighed before loading, reports London's Containerisation International. As it stands, a shipper's declaration is sufficient, but MARIN Trials and Monitoring project manager Jos Koning says tests show this is no longer good enoug...
THE first direct and scheduled trucking service from Guangzhou to Macau has been inaugurated, bringing greater convenience for shippers by eliminating the need to transship via Zhuhai city. Before the service Guangzhou shippers sending to Macau had to find a trucking company and wait until the company has collected a full truck of consolidated cargo befor...
WORK has commenced on the second largest project of the Panama Canal's expansion, after the Panama Canal Authority (ACP) gave the go-ahead to the FCC-ICA-Meco consortium to begin work on the fourth and final dry excavation (PAC-4) contract. PAC-4 is the most complex expansion project after the design and build of the new set of locks. The dry excavation ...
Created with GBP1m (US$1.6m) of private investment by DB Schenker (formerly EWS), a former disused coal loading facility in Rugby has been transformed into a modern rail freight container handling terminal that is expected handle three trains per day and 50,000 containers a year by the end of 2010. The terminal, which provides access to central England an...
GAC Jordan has launched a specialist service in partnership with BabyCord Jordan to package umbilical cord blood for delivery and storage to medical institutions and hospitals in Europe, the USA and Canada. BabyCord Jordan aims to protect the health of new born babies and their families by storing umbilical cord stem cells for possible future use to comba...
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