SWISS logistics giant Panalpina has announced its first-half net profit plunged 78 per cent to CHF16.9 million (US$15.9 million) reflecting an industry-wide weakening of demand for air and sea freight. "We do not anticipate a significant improvement in the global market environment or even a recovery in the global economy in the second half-year," the gro...
More than 500 kilometres will be built by Guangdong province starting later in the second half of the year, Xinhua reported. There are 11 projects including inter-provincial expressways from Guangzhou to the Inner Mongolian cities of Erenhot, Lechang and Daqing, and from Meizhou to Dapu. The Guangzhou-Erenhot and Guangzhou-Lechang expressway running thr...
STEVE Ryan takes the post of managing director of DHL's global forwarding operations in Indonesia to succeed Tim Wong who recently took up the role of chief operating officer at DHL Global Forwarding in Singapore. Mr Ryan will report to Sam Ang, DHL Global Forwarding chief executive officer for south east Asia and will head-up its business activities, br...
Soon it might be more difficult to travel by train in Poland. Polish railways PKP looks for savings and plans to cut several dozen routes between the biggest cities in the country. More than 10% of PKP Intercity's routes might be canceled. In September suspended will be links Wrocław-Lublin, Gliwice-Kielce, Jelenia Góra-Szklarska Poręba, Częstocho...
The 6th European Bus and Coach Forum http://www.iru.org/index/en_events2009_bc , jointly organised by the IRU, ECTAA, ETOA and FBAA, will be held on 16 October 2009 in the framework of Busworld Europe Kortrijk http://www.busworld.org/ , to discuss "Boosting European coach tourism and travel through business-friendly rules". The Forum will bring togeth...
SHARP declines in global air cargo have had little impact on the fortunes Dubai International cargo airport, which only suffered a 0.76 per cent drop in the first half with little expectation much will change through the rest of 2009. "At the end of the year, I expect the total air cargo handled to be between 1.7 to 18 million tonnes, almost the same tonn...
VOLGA-DNEPR Airlines has announced it is helping the Russian space programme by delivering a Meteor-M satellite to its launch site at the Baikonur Cosmodrome on the remote steppes of Kazakhstan. The satellite, together with its launch equipment, weighed 50 tonnes and required meticulous loading at night to allow the Russian aircraft to meet its delivery d...
SWISS logistics giant Kuehne + Nagel has been selected by LSG Sky Chefs, a provider of in-flight services, to manage its supply chain activities at Malpensa Airport in Italy. Under the three-year contract Kuehne + Nagel will be responsible for managing goods inbound services at LSG Sky Chefs' customer service centre at Milan Malpensa, including the multi...
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