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The Australian division of AMI, the world's largest airfreight wholesaler, said Wednesday it is launching a Spot Rate Desk to provide faster and more competitive air and ocean freight quotes to agent customers. From Monday customers can call (300) SPOT RATE (776-8728 in Australia) free of charge, and will be connected direct to the AMI Spot Rate Desk....
United Airlines has terminated cargo service at two cities in North America in the past week. On Tuesday, the Chicago-based carrier announced an immediate embargo on cargo transport to and from Cancun, Mexico. The decision follows an Aug. 7 customer bulletin stating that cargo operations have ceased at Kansas City International Airport. No reasons...
Sunland Distribution's new chief executive officer Arch Thomason has relocated the company's headquarters in Greenville, S.C., and appointed Brad Lyon to vice president of operations. Thomason, Sunland's former vice president of business development, recently acquired the company. He plans to add 25 employees to the operation. In an Aug. 12 statem...
Germany's DVB Bank AG, specialists in global transport finance, today reported net profit for the six months ended June 30 of 71.3 million euros ($114 million), an increase of 6.6 percent against the same period in 2007. DVB's total assets inched up 0.4 percent to 13.2 billion euros ($21 billion) while nominal customer lending rose by 2.3 percent to 1...
Belgian-based gas carrier Exmar, confirming the end of its pooling agreements with BW Gas, has announced a tie-up with a Greek gas carrier operator. An Exmar statement says: “Prime Marine from Greece and Exmar have in place an agreement in principle whereby they will jointly operate and market five existing midsize vessels from Exmar and four midsize ...
The Georigan ports Supsa and Batumi that handles Caspian crude are operating at reduced levels as a result of the conflict between Georgia and Russia. Georgia also claims that Russia has attacked the world’s next longest oil pipeline, BTC (Baku-Tibilisi-Ceyhan) that with a capacity of one million barrels per day handles more than one percent of the world’...
Hong Kong-based Cathay Pacific Airways and sister airline Dragonair carried a combined 142,770 tons of cargo and mail in July, up 5 percent against the same month last year. Capacity for the month, measured in available cargo/mail ton kilometers, grew 2.4 percent while the cargo and mail load factor dipped by 0.1 percentage point to 66 percent. We...
North Korea has agreed to rent a 52-kilometer section of track to Russian Railways as part of a plan to link East Asia to Europe via the Trans-Siberian Railroad, the Moscow Times reported Monday. The lease period is for 49 years, according to an agreement signed last week in Pyongyang. Russian Railways will refurbish the line and build a container ter...
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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