Logistics News

Boxes up as North American trucking quarterly volumes fallAug 19, 2009

NORTH American intermodal volumes during the second quarter of 2009 amounted to 2.8 million, a decrease of 18.7 per cent compared to the same period a year earlier, according to figures compiled by the Intermodal Association of North America (IANA). Intermodal volumes were said to be lower in every area but one during the period under review - the lone ex...

China's air cargo June volume rises 12.1pc as HK's slides Aug 19, 2009

STATISTICS released by China Civil Aviation Administration show that the turnover volume of civil aviation industry reached 2.34 billion ton-kilometres in June, up 12.1 per cent year on year, reports Xinhua. Total volume during the first half amounted to 19.19 billion ton-kilometres, 3.9 per cent more than in the same period of last year. In June, volum...

CITIC sheds 14.5pc of Cathay, Air China buys 12.5pc, Swire takes 2pcAug 19, 2009

AIR China, Cathay Pacific, CITIC Pacific and Swire Pacific have announced that CITIC will sell a 12.5 per cent shareholding in Cathay to Air China for HK$6.3 billion (US$813.8 million) and sell two per cent to Swire Pacific for HK$1.01 billion at the same HK$12.88 share price. This means Air China's stake in Cathay Pacific will increase from 17.49 per ce...

UPS, China's DHgate.com join in e-commerce shipping service Aug 19, 2009

UNITED Parcel Service has announced that will join in a deal of Chinese shipping services with DHgate.com, which is described as "a leading China-based wholesale marketplace that enables global online transactions." This would mark the Atlanta-based UPS its first wholesale e-commerce collaboration in China, reports American Shipper. UPS said a suite of in...

GAC opens Logistics and Maritime Service Centre in Rotterdam Aug 19, 2009

GAC Netherlands Ltd has opened a Logistics and Maritime Service Centre to increase efficiency, improve customer services and bring its ship spares logistics and freight forwarding operations under one roof at a new 6,500 square metre office and warehouse complex in Pernis, Rotterdam. Europe’s busiest port and the 4th largest in the world, Rotterdam ...

Swisslog grows net profit - market environment increasingly more deman...Aug 19, 2009

Swisslog grew net profit in the first half-year of 2009 from MCHF 5.5 to MCHF 11.9, considerably above the same period last year. An improved operating result, lower financial expenses and reduced income taxes enabled the increase. While order intake rose, net sales and - most notably - order backlog fell below the previous year's figures. The Group's fin...

Gigaset Communications appoints Kuehne + Nagel to manage centre in Sha...Aug 19, 2009

Gigaset Communications (Shanghai) Ltd. has appointed Kuehne + Nagel to manage its national distribution centre in Shanghai. In addition, the logistics provider is responsible for domestic warehousing and distribution services for the entire range of Siemens-Gigaset-branded cordless phone products in the Chinese sales market. The contract is an extension of...

Sales record for Mercedes-Benz Atego with automatic engine start/stop ...Aug 19, 2009

More than 2,600 Mercedes-Benz Atego medium-duty trucks with the automatic engine start/stop system were sold in the first half of 2009. That corresponds to a sales increase of about 1,500 units or 130 percent compared to the total recorded in all of 2008. In Germanyalone, 2,000 Mercedes-Benz Atego trucks with engine start/stop system were sold; an increase ...

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Transportation Center Connecting As

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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