Logistics News

Shunfeng Airways receives air operator licence from CAAC Dec 2, 2009

THE Civil Aviation Administration of China (CAAC) has agreed to issue an air operator's certificate to Shunfeng Airways, which is based at Shenzhen International Airport. The carrier is expected to operate 20 flights weekly, deploying two Boeing 757-200 freighters, said China Knowledge in an online report. Approved by the CAAC in February 2009, Shunfen...

Zimbabwean MD-11 freighter crash at Shanghai Pudong kills 3 Dec 2, 2009

A McDonnell-Douglas MD-11 freighter operated by Zimbabwe's Avient Aviation has crashed during take-off from Shanghai's Pudong International Airport, killing three crew members and injuring four others. The US-made aircraft was being used on a charter cargo flight from Shanghai to Bishkek, the capital of Kygyrzstan in central Asia. The plane was carrying...

UK Mail first half profit up 63pc on 50pc less taxDec 2, 2009

UK EXPRESS and mail services provider UK Mail Group plc has announced that group profit after tax rose by 163.2 per cent in the first half of its financial year ending September 30 to GBP5 million (US$8.25 million), compared to the same period last year of GBP1.9 million after paying GBP4 million in tax, double what it paid this year. In the six months to...

Singapore's manufacturing output up 3.6pc in October Dec 2, 2009

SINGAPORE's manufacturing output decreased by 6.7 per cent in October 2009 on a seasonally adjusted month on month basis. Excluding biomedical manufacturing, output increased by 1.4 per cent in October compared to the previous month. On a year-on-year basis, manufacturing output rose by 3.6 per cent in October, with output growing by 4.3 per cent if biom...

Back-to-work legislation tabled to end Canadian rail strike Dec 2, 2009

CANADA's Labour Minister Rona Ambrose was to put back-to-work legislation before the Parliament to end to a two-day-old national strike by trains drivers against the Canadian National Railway. The last strike at CN, Canada's largest railroad was in February 2007. It ended after the federal government passed back-to-work legislation, citing the importanc...

Europe: TX Logistik on growth pathDec 2, 2009

TX Logistik, a railway cargo transport company with headquarters in Bad Honnef, Germany, expects annual turnover to increase by 20% to 25% in the coming four to five years after the 25% rise in turnover to EUR 125mn (USD 187.65mn) in 2008, Logistics Finland reports. However, TX Logistik, a 51% subsidiary of Italy's Trenitalia, sees turnover to fall by 8% i...

Transport policy must be given higher priorityDec 1, 2009

Transport policy must be given a higher priority that reflects the importance of the sector’s contribution to the development of the European Union, Commission President José Manuel Barroso has been told by transport representatives. In a joint letter, nine transport organisations representing European rail, road, air and maritime companies, ex...

ProLogis leases 378,000 square feet in EuropeDec 1, 2009

ProLogis announced today it has signed new fourth-quarter lease agreements in Europe totaling approximately 378,000 square feet (35,100 square meters) in its development portfolio. "We are very pleased to announce continued leasing activity in our European portfolio," said Philip Dunne, ProLogis president in Europe. "We are seeing signs of stabilization i...

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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

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