Dutch postal and express giant TNT said today it has finished rebranding its India-based domestic road express arm, Speedage, to TNT. Amsterdam-based TNT acquired Speedage in September 2006. This is the first acquisition in India by one of the top four express players to be rebranded. We now offer customers a single point solution for internationa...
U.S. Customs and Border Protection plans to close its Los Angeles duty drawback center, leaving four regional offices to handle a shrinking number of claims, an agency official said. Duty drawback payments are made to parties claiming refunds on import duty payments for goods that are later exported or used in the manufacture of exported articles. ...
Ocean container trade is up while air cargo traffic growth is slowing down at Hong Kong. Throughput at Hong Kong's ports was up 4.7 percent in July over the same month in 2007, to a volume of nearly 2.2 million TEUs, port officials said over the weekend. That's continued a steady pace of roughly 4.5 percent growth for the year, with volume from Januar...
UPS will operate a 45,000-square-foot logistics hub in Hong Kong for Alcatel-Lucent, the technology company said Monday. As the lead logistics provider in the Asia Pacific region, UPS will handle inbound receiving, storage services, inventory management, pick-and-pack operations, returns management and outbound transportation management, functions tha...
Cummins Announces Recent Technology Development Achieves Significant Fuel Economy Benefits Cummins Inc. (NYSE: CMI) announced today that it will add Selective Catalytic Reduction (SCR) aftertreatment to its Heavy-Duty products for 2010 to deliver the best fuel efficiency for its customers. Cummins will combine recent advancements in catalyst tech...
Total logistic service provider Konsortium Logistik Bhd has clinched a RM550 million (S$232 million) contract from Tenaga Nasional Bhd (TNB) to ship coal into the country, Malaysia's Business Times reported, citing sources. 'The award is for an initial three years, with option to renew for a further two years,' a source said. 'Konsortium will start th...
European all-cargo airline Cargolux has contracted with Cargo Airport Services USA (CAS) for cargo warehouse handling at JFK International Airport in New York. CAS will handle Cargolux in building 151 where Cargolux will locate their business and sales offices on the second floor. The Luxembourg-based airline operates 11 weekly Boeing 747 freighter se...
The Federal Aviation Administration on Thursday slapped American Airlines with fines totaling $7.1 million for improperly deferring maintenance on safety-related equipment, and problems with its drug and alcohol testing programs, and exit lighting inspections. Several civil penalties relate to instances last December involving several of the Dallas-ba...
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