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SPANISH airline Iberia plans to develop a new EUR100 million (US$139.67 million) air freight terminal in Madrid, after signing an agreement to build the new cargo facility with the nation's airport and traffic control authority, Aena. The airline, which merged last year with British Airways, will invest EUR60 million and Aena the remainder in the facilit...
MAXIMUS Air Cargo, the Middle East's largest freight operator, has promoted its heavy lift capacity at Africa's first biennial Air Cargo Africa Expo 2011 to gain a foothold in a market with particular focus on the potential in the perishables and in aid flights. With air traffic volumes into Africa expected to grow 10 per cent, according to IATA, ...
HONG KONG airport's Asia Airfreight Terminal (AAT) handled 42,025 tonnes in February, showing a 0.3 per cent decline year on year. AAT handled 26,180 tonnes of export cargo, shrinking six per cent year on year. But import cargo volume for February rose 10 per cent to 15,278 tonnes, and transshipment cargo soared 79 per cent to 568 tonnes in the same peri...
GLOBAL supply chain giant CEVA Logistics has signed a three-year contract to distribute spare parts for Mercedes-Benz and smart cars in Italy involving the shipment of 200,000 cartons a year. CEVA will handle the distribution of parts from the Mercedes-Benz warehouse at Capena, near Rome, by road to any point in Italy with guaranteed delivery by 1pm the n...
THE value of the express parcels market globally expanded by nearly seven per cent in 2010 to amount to EUR141.55 billion (US$197.82 billion), marking a turnaround from the 10.6 per cent decline experienced in 2009, according a data compiled by the UK's Transport Intelligence. "Although the market as a whole rebounded strongly, performance from market to...
Container cargo volumes at the Port of New York and New Jersey rose 16% in 2010, with throughput reaching 5.29m teu, including both empty and loaded containers. This was up from 4.56m teu in 2009, just 7,080 teu bellow the peak cargo traffic record levels reported in 2007, with the port retaining its top East Coast container handling port ranking and thi...
AUTHORITIES in mainland China are encouraging domestic air cargo airlines to restructure and improve capacity before any merger in a bid to better compete against the multinational integrators in international markets, according to Lui Shaocheng, director of Policy at the Civil Aviation Administration of China. "We could see more consolidation, this has ...
HONG KONG's Cathay Pacific and its affiliate Dragonair, have registered a year-on-year decline in cargo and mail carried in February owing to a drop attributed to the Chinese New Year slow-down. Last month the carriers combined transported 116,998 tonnes of air freight, representing a decrease of 2.3 per cent compared to February 2009, on a capacity inc...
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
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