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Cathay Pacific Airways and sister airline Dragonair carried 137,680 tons of cargo and mail between them in June, up 4 percent on June 2007, Hong Kong-based Cathay said Monday. Capacity for the month, measured in available cargo/mail ton kilometers, grew 2.2 percent while the cargo and mail load factor edged up 0.5 percent to 67.5 percent. Both cargo t...
Boeing on Monday tested its twin-engine 777 Freighter aircraft with a maiden flight lasting over three-and-a-half hours. Dennis O'Donoghue, Boeing's vice president of flight operations, test and validation, said the freighter performed well but did report a data-communication problem between the airplane and the telemetry room at Boeing Field. Due...
The Korea Importers Association said Monday that an index used to measure the prices of import commodities into South Korea rose to a record high for the 10th month in a row in June.The so-called KOIMA Index rose 28.49 points from May's 425.06 points to 453.55 points, the Korea Herald reported. The index uses import prices as of December 1995 as the base ...
ProLogis said that it has leased about 205,000 square feet of space in Dalian, China to Nittsu Sinotrans Logistics Dalian Ltd., a joint venture between Sinotrans Liaoning Co. and Nippon Express. Nittsu Sinotrans will occupy distribution space at ProLogis Park Dalian Free Port, providing third-party logistics and transportation services to Canon Inc. ...
Online ocean trade platform INTTRA on Monday said it has partnered with SZEDI, one of the largest port information centers in China. SZEDI is authorized by the Shenzhen government to provide EDI and value-added services, logistics information services, customs electronics declaration services and e-commerce services. Now working with INTTRA, the i...
Dry bulk cargo shipping company Hellenic Carriers Ltd. has entered into an agreement to acquire a 2001 Japanese built Supramax with a carrying capacity of 52,508 deadweight tons. Hellenic will pay $69.7 million for the vessel, Furness Timika, with delivery expected between Sept. 15 and Nov. 15. The vessel is to be renamed and will be financed through ...
German ocean carrier Hamburg S said Monday it has received approval from China's Ministry of Communications to expand its network of proprietary offices in China from one to seven. The carrier's China subsidiary was established in 2005 in Shanghai, but now it has been granted permission to open branches in the key transport hubs of Guangzhou, Ningbo, ...
Indian logistics company Arshiya International said earlier this month that it plans to launch private rail operations in November, the Economic Times reported. It would become the ninth such non-state-owned company to take advantage of the Indian government's offer to allow private operators to run container trains using Indian Railways lines. Th...
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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