TNT said today it will add eight branches to its international express network in China by the end of the year, bringing its total in the country to 34. The new branches will mainly be located in the Pearl River Delta and Yangtze River Delta areas. The first two already open are located in Foshan and Shunde. The next two at Dongguan and Zhongshan will...
Germany's DB Schenker has today submitted an offer for all the shares in Romania's largest freight forwarding company, S.C. Romtrans S.A. No financial details of the deal were disclosed, but early reports estimate a price tag of 80 million to 100 million euros (about $118 million to $148 million). The deadline for the takeover bid, made through Au...
China has filed a complaint with the World Trade Organization over U.S. antidumping and countervailing duties on Chinese-made steel pipes, tires and laminated woven sacks, the China Daily reported Wednesday. China believes that the request for consultation is the legitimate right of China as a WTO member and a normal practice of WTO members to resolve...
U.S. Customs and Border Protection officials are urging importers and their agents to participate in an ongoing test of IT systems in preparation for a new cargo security rulemaking that will require businesses to submit a huge amount of data about their overseas suppliers and domestic customers. The agency has developed a rule for an Importer Securit...
A survey of investment trends among the world’s top airport operators which are spending $3 billion this year on IT, has found they are focussing heavily on attracting passengers but some are also fearful of IT budget cuts in the present economic climate. Improving customer service and satisfaction emerges as the high priority investment driver for 8...
Results of two recent surveys have shown that business travellers from Europe and Asia Pacific consider Singapore Changi Airport best airport for duty-free shopping and best airport in the world. On 22 September 2008, Changi Airport was named the 'Best Airport Duty-Free in the World' for the 7th consecutive year at an awards ceremony held in London by...
SAS Cargo said Tuesday it is streamlining its sales representation in central and northern Germany by consolidating all activities in Hamburg. The new office, the airline said, is in close proximity to its main customers and within easy reach of its air cargo hub in Copenhagen. We want to increase focus on North Germany, where our products are mos...
Airbus Chief Commercial Officer John Leahy said he expects his company to take orders for roughly 850 planes in 2008, despite a drop in sales over the summer as the price of crude oil peaked. Now, with fuel going back to the $80 range, they're starting to come out of their bunkers and look around, Leahy told the Wall Street Journal last week during a ...
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