Media
Media
HONG KONG Air Cargo Terminals Limited (Hactl) has announced it handled 649,722 tonnes in first quarter, up two per cent year on year, while the throughput for March was 254,819 tonnes, up 4.4 per cent year on year. Export volume grew 4.3 per cent year on year in March to 137,037 tonnes, but first quarter exports fell one per cent year on year to 335,009 t...
A THIRD of supply chain directors in Asia think one-stop shop third party logistics providers (3PLs) fall short of meeting operational demands in the Asia Pacific region, according to a survey. Other findings of the report released by UK/EIRE-based consultant firm Analytiqa entitled, Asia Pacific Supply Chain Director Survey 2011, indicate that one-fifth ...
GERMAN logistics provider Dachser increased revenue 19 per cent in 2010 to EUR3.8 billion (US$5.44 billion), driven by growth in its air and sea freight logistics business. Last year the logistics provider transported 46.2 million consignments weighing a total of 35.5 million tonnes. A company statement said its equity ratio stands at 40 per cent and i...
DONAL BOYLAN, a former Royal Bank of Scotland executive, has been appointed chief executive of Hong Kong Aviation Capital (HKAC), the firm's parent companies, HNA Group Company Limited (HNA) and a Bravia Capital (Bravia) of Hong Kong have announced. HKAC will now focus on the acquisition of new aircraft transactions after moving to stabilise the Allco po...
AIR freight rates out of Asia declined to a 17-month low in February, after falling 14.1 per cent compared to the same month last year, according to the Drewry Air Freight Price Index that measures freight rates from Shanghai. February's result of 98.1 on the index was also 6.4 per cent lower on a month-by-month basis, Newark's Journal of Commerce. The ...
NEW Zealand's High Court in Auckland has ordered Cargolux International Airlines to pay NZ$6 million (US$4.62 million) in penalties and NZ$25,000 in costs, and British Airways to pay NZ$1.6 million in penalties and NZ$100,000 in costs for their involvement in an international price-fixing cartel for air freight. The ruling comes after the two airlines, a...
SINGAPORE's Neptune Orient Lines' (NOL) container unit, APL, posted a 12 per cent increase in volume between February 12 and March 11 year on year but at a slightly lower rate. The volume growth was attributed to growing demand on the intra-Asia and Asia-Europe trade lanes, said an NOL statement. APL's total volume increased to 212,700 FEU in this fo...
SINGAPORE's MCC Transport, Maersk's intra-Asia specialist, has announced it will launch a new TW-1 southeast Asia-Taiwan service to offer direct connections between Malaysia, Singapore, Vietnam and Taiwan with effect from April 18. The service runs on a 14-day rotation, calling at Tanjung Pelepas, Singapore, Haiphong, Kaohsiung and back to Tanjung Pelep...
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
qq.com