Logistics News

MASkargo in US$30 million upgrade to hit 7pc growth in 2010Jan 22, 2010

MALAYSIAN Airlines Cargo (MASkargo) plans to upgrade its warehouse material-handling cargo system at a cost of MYR100 million (US$29.8 million) amid expectations that demand will pick up in the air cargo industry. The upgrade is expected to take four years to complete. The work is scheduled to commence in the middle of this year. "This is to mitigate th...

Air China to receive US$220 million in state fundsJan 22, 2010

THE Central Government in Beijing has approved a capital injection of CNY1.5 billion (US$219.66 million) into national flag carrier Air China from its controlling shareholder China National Aviation Holding Co, making it the third mainland carrier to receive government funds. This comes after China Eastern Airlines received CNY9 billion and China Southern...

Hong Kong forecasts return to air cargo growth in 2010Jan 22, 2010

THE chief executive officer of the Airport Authority Hong Kong Stanley Hui expects Hong Kong International Airport (HKIA) traffic to growth in 2010 in light of improvements in the global economy and continued strong growth on mainland China. Cross-the-board improvement in the fourth quarter, compared with the sickly first three, he said, shows business is...

Poland's DCT Gdansk orders two Cargotec Kalmar e-One2 RTGsJan 22, 2010

POLAND's DCT Gdansk container terminals, now serving some of the industry's largest vessels, has ordered Kalmar e-One2 rubber tyre gantry (RTG) cranes from Finland's Cargotec. The RTGs will arrive in the first quarter 2010 and will help meet demands since the terminal's handling capacity increased, said a statement from the terminal operator. The 7+...

Germany tops World Bank logistics ranking, HK rates 13thJan 22, 2010

GERMANY has topped the World Bank's 2010 Logistics Performance Index (LPI) as the most efficient in the world with a score of 4.11 out of a possible five, marginally ahead of Singapore (4.09), Sweden (4.08), the Netherlands (4.07), and Luxembourg (3.98). Completing the top 10 list of most efficient logistics nations were Switzerland (3.97), Japan (3.97),...

Shippers unite against TSA emergency revenue surchargeJan 22, 2010

AFTER the latest emergency revenue charge (ERC) from the quasi-conference, the Transpacific Stabilisation Agreement, an cry of foul play rose up against carriers from key shipper organisations. Joining earlier protests from the Hong Kong Shippers Council, West India Shippers Association vice president R Venkatesh stood alongside its Singapore-based Asian ...

Deutsche Post DHL invests in new fuel-efficient trucksJan 21, 2010

Deutsche Post DHL and Volvo Trucks have signed a frame agreement to supply 1,800 new trucks. The new vehicles will be delivered to the UK, Finland and Sweden within the next two years and will primarily cover Express, Freight and Supply Chain operations. These trucks are compliant with the EURO 5 standard and will gradually be replacing the older vehicles...

Lufthansa sends one MD-11 with 80 tons of relief to Santo Domingo Jan 21, 2010

LUFTHANSA Cargo has flown an MD-11 freighter with 80 tons of food and equipment to Dominican Republic's capital of Santo Domingo where it was moved on by truck to the earthquake victims in neighbouring Haiti that shares the island of Hispanioloa The shipment consists largely of food, medicines and equipment. Since Port-au-Prince airport in Haiti is restr...

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Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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