Media
Media
As IATA forecasts strong growth in the Asian air freight sector for the next three years, Toll Global Forwarding has been investing in building its regional and global air freight services and network. Toll Global Forwarding, part of Toll Group, the Asian region’s leading provider of logistics services, is targeting significant growth in the global ...
The Boeing Company and Cathay Pacific Airways announced the Hong Kong-based carrier ordered 10 Boeing 777-300ER (extended range) airplanes valued at $2.8 billion at list price. Cathay Pacific first announced its selection of the 777-300ER for its fleet requirements in 2005. With this order, Cathay Pacific will increase its Boeing 777-300ER planned fleet ...
Russia's flagship airline Aeroflot will pay no more than US$1.16 billion for eight Boeing 777 airliners in a deal signed with Boeing Co, reported Dow Jones Newswires. The value is 47 percent below the total catalogue price of $2.17 billion for the six 777-300 ERs and two 777-200 ERs. A Boeing spokesman declined to comment. (Source:http://www.cargonewsa...
Airlines' entry to the European Union's carbon market next year will add at least US$1.39 billion to their costs, make some operators less competitive and ultimately lead to higher air fares and carbon prices, reported Reuters. From January 1 next year, around 4,000 aircraft operators will be included in the EU's Emissions Trading Scheme (ETS). Most fl...
Panalpina Welttransport’s 2010 earnings have been hit by the strong Swiss franc but the Swiss freight forwarder has no plans to change its reporting currency, chief executive Monika Ribar told Dow Jones Newswires. “We have sometimes asked ourselves to change the reporting currency," Ribar said. "But changing our reporting currency to the euro,...
Hanjin Shipping, CNC and KMTC have announced Wednesday the launch of a joint service connecting Japan and Indonesia from 22 March 2011. The new weekly service will cover the trade lane linking the major ports of Japan and Indonesia. Four vessels with capacity of 1,700 teus each will be deployed in the service. Hanjin Shipping will provide two ships while CN...
Hitachi Transport System aims to take a majority stake in automotive logistics service provider Vantec Corp through an imminent tender offer, reported The Nikkei. Hitachi Transport has priority negotiation rights to buy shares from Vantec's largest stockholder, Mizuho Capital Partners, which holds an almost 40 percent interest in Vantec. In addition, Van...
An order for 20 Terex Noell SC624E diesel-electric Sprinter Carriers has been placed by Abu Dhabi Ports Company (ADPC), in the United Arab Emirates for use in the new Khalifa Port currently being constructed at Al Taweelah. With the first phase of the port’s infrastructure due to be completed by Q4-2012, the 1-over-1, 9’ 6” carriers wil...
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
qq.com