Logistics News

Grand China Shipping expands from intra-Asia into transpacificApr 26, 2011

GRAND China Shipping, a subsidiary of the Hainan province's HNA Group, has started its first transpacific service, the SPX, which calls at the ports of Hong Kong, Shenzhen, Ningbo, Shanghai and Long Beach. The service deploys five 2,700-TEU ships, with the Red Strength undertaking the maiden voyage from Shanghai and is scheduled to arrive on April 26 at ...

GulfNav inks VLCC newbuild charter dealsApr 25, 2011

Dubai-based Gulf Navigation will double the size of its VLCC fleet to four after announcing a newbuildings deal with a Chinese shipyard. GulfNav has penned a AED1bn ($285m) deal with the yard’s parent, Grand China Logistics, to charter the ships for 10-years from delivery. The twin 320,000-dwt vessels will be built at Jinhai Heavy Industry for deliv...

Chengdu-Nanning-Ho Chi Minh City flights resumeApr 25, 2011

SCHEDULED flights connecting Chengdu and Nanning to Ho Chi Minh City has resumed, bringing the total of flight services between Guangxi and ASEAN countries to 10, Xinhua reports. The 10 services are from Nanning to Ho Chi Minh City, Singapore, Kuala Lumpur, Vientiane, Yangon, Bangkok, Phnom Penh, and from Guilin to Singapore, Kuala Lumpur and Bangkok. ...

Blue Dart goes to ground, shifting more to B2C retail deliveryApr 25, 2011

MUMBAI's Blue Dart Express, package delivery company, which claims top spot in the air cargo sector with a 40 per cent market share, hopes to lead in India's ground cargo business by 2015. The organised air cargo segment in the country has an estimated value of INR1,481 crore (US$334.6 million) in 2009. The ground cargo business in the same period was I...

JB Hunt achieves growth across all four operating divisionsApr 25, 2011

JB HUNT has posted a first quarter operating profit of US$90 million, an increase of 33 per cent year on year, 70 per cent of which (US$62.6 million) came from the US trucker's intermodal division. First quarter revenue rose by 18 per cent year on year to $1 billion on the back of strong intermodal and trucking demand, reports Newark's Journal of Commer...

UK study: Future looks better for rail than road in USApr 25, 2011

US INTERMODAL operators look set to benefit from the trucking sector's woes as they come under pressure from rising oil prices and increased regulation, says the US Trucking, Intermodal and Rail 2011 report from the UK's Transport Intelligence. The US transport industry is bouncing back from a severe freight recession which began two years before the gl...

Damco opens distribution centre warehouse in VietnamApr 25, 2011

DAMCO has opened a new 26,000-square-metre distribution centre in Binh Duong, 30 kilometres from Ho Chi Minh City in Vietnam, to support growth in both its international and domestic volume. The distribution centre will add to the company's existing network in Vietnam that includes nine facilities nationwide. It is also well connected by road transport, ...

Singapore to invest US$80 million in green maritime initiativeApr 25, 2011

THE Maritime and Port Authority of Singapore (MPA) plans to invest up to SGD100 million (US$80.25 million) over the next five years in its 'Maritime Singapore Green' initiative that encourages companies to adopt environmentally-friendly shipping practices above and beyond what is mandated by the International Maritime Organisation (IMO). According to Tr...

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

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