Logistics News

An early Oktoberfest at Changi Airport Jul 4, 2008

Changi Airport has kick-started the renowned Oktoberfest celebrations with Munich @ Changi at Terminal 2's Departure Transit Mall. This mini version of the much celebrated Bavarian tradition in Munich is jointly organised by the Civil Aviation Authority of Singapore and Lufthansa German Airlines, to celebrate the airline's direct flights linking Singapore...

Air freight posts drop in cargo growthJul 4, 2008

The International Air Transport Association (IATA) released international traffic data for May that showed a significant drop in cargo growth to 1.3% while passenger traffic grew 6.0%. At 1.3%, cargo demand is considerably down from the 4.3% recorded for the full year 2007. For the first five months of 2008, air freight volumes were up 2.8%. The bigg...

Dragonair celebrates launch of Bengaluru serviceJul 4, 2008

Dragonair celebrated the launch of its new scheduled service to Bengaluru (Bangalore) in India, with a ceremony held at Bengaluru International Airport following the arrival of the first flight. The new destination is a milestone for Dragonair as it marks the first time for the airline to operate passenger flights to and from India. Dragonair is the ...

Boeing delivers next-generation 737 to Sunwing Airlines Jul 4, 2008

The Boeing Company [NYSE: BA] this week delivered a Next-Generation 737-800 to Toronto-based Sunwing Airlines. The third new Next-Generation 737 to be delivered to Sunwing and the first to be operated on lease from lessor Aviation Capital Group (ACG), the airplane is equipped with performance-enhancing Blended Winglets, which improve fuel efficiency a...

U.S., EU join on air safety Jul 3, 2008

Aircraft manufacturers and airlines are expected to benefit from an agreement reached Monday between the United States and the European Union on common safety standards and cooperation. Last year the two trading partners reached a landmark agreement on the first stage of liberalizing passenger and cargo air services. The new agreement will make it...

Cathay warns investors that fuel will affect profits Jul 3, 2008

Cathay Pacific has warned potential investors to expect disappointing results in 2008 due to escalating fuel costs, the Hong Kong-based airline said in a statement Wednesday. The financial results of Cathay Pacific Airways Ltd. for 2008, including those for the first half, are expected to be disappointing, the airline said. Cathay Pacific's financial ...

Glaser appointed president of Arnold Transportation Services Jul 3, 2008

U.S. Xpress Enterprises Inc. has appointed Thomas Glaser as president of Arnold Transportation Services Inc. Glaser will join the company on July 14 and assume day-to-day operating responsibility on Aug. 2. A long-time trucking executive, he was president and chief operating officer for Celadon. Prior to that, he had senior operations and sales po...

After loss, Rand bullish on coming year Jul 3, 2008

Rand Logistics Inc. reported a net loss of $11.2 million for the fiscal year ended March 31, compared to a $3.1 million loss in the prior fiscal year. Revenue was higher for the year, $94.8 million, compared to $79.2 million the same period the prior year. Laurence S. Levy, chairman and chief executive of the New York-based company, said that desp...

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Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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