Logistics News

Wellard's first livestock air shipment from Oz to Inner MongoliaMar 9, 2011

WELLARD has transported its first consignment of breeding cattle from Australia to Hohhot, in China's Inner Mongolia, aboard a Qantas 747-400 cargo plane. The consignment included seven bulls and 175 pregnant cows and 74 heifers flown from Melbourne. The Wagyu and Angus cattle were prepared for export at the company's quarantine facility located in west...

UK regional spending cuts do damage: Labour-led Commons committeeMar 9, 2011

THE British trucking association concurred with some aspects of a Labour Party led parliamentary committee, which criticised the Conservative-led coalition government for cuts to Regional Development Agency spending in favour of a local approaches to economic development. Concurring, Malcolm Bingham, road policy chief at the Freight Transport Association ...

CEVA pre-tax profit up 25pc, debts reducedMar 9, 2011

GLOBAL supply chain giant CEVA Logistics has reported revenue increase of 24 per cent to EUR6.8 billion (US$9.49 million) for full-year ending December 31, 2010, and a pre-tax profit increase of 25 per cent to EUR292 million on the back of an improved automobile sector and new business. Profit growth was attributed to significant contracts with the larges...

Port Tracker expects US container traffic to rise 11pc in MarchMar 9, 2011

IMPORT cargo volume through major us ports is expected to be up 11 per cent in March year on year, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. "These numbers show solid increases over last year and are evidence that our nation's economic recovery is continuing to build momen...

Evergreen to launch Bohai Sea-Indonesian serviceMar 9, 2011

TAIWAN's Evergreen has announced plans to launch a new service called BHI (Bo Hai-Indonesia), connecting north China, Hong Kong and Indonesia. The BHI service is expected to help ease the slot shortage in thriving Asian markets. The line will use three 1,700-TEU and one 2,000-TEU ship, providing weekly sailings, calling at Tianjin, Dalian, Qingdao, Hong...

NOL volume down 18pc, but revenue per box increases 10pcMar 9, 2011

SINGAPORE's Neptune Orient Lines (NOL) suffered a year-on-year decline in container volumes of 18.5 per cent in the first six weeks of 2011, but revenue per box grew 10 per cent in the same period. NOL's container arm, APL, moved 321,600 FEU in the first six weeks of 2011 compared to 307,400 FEU in the same period in 2010. Average revenue per FEU was U...

NZ's Mainfreight buys Holland's Wim BosmanMar 8, 2011

New Zealand freight company Mainfreight Ltd has bought Netherlands-based Wim Bosman Group for US$153 million to broaden its operations into Europe, reported Reuters. Mainfreight said it would pay for the Netherlands-based Wim Bosman Group, which operates in 14 European countries, through bank debt and it would lift its gearing ratio to almost 50 percent. ...

Asia freighter fleet 1,056 by 2030, predicts AirbusMar 8, 2011

The Asia-Pacific region will continue to dominate the global freighter market, with the dedicated fleet operated by the region's airlines growing almost four times to 1,056 aircraft over the next two decades, according to an Airbus forecast presented today by Christopher Emerson, senior vice-president product strategy and market forecast. While many of t...

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

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