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Responding to higher fuel prices as oil has shot up past $100 per barrel, Northwest Airlines said it will raise its fuel charge from 85 cents to 95 cents per kilogram on international flights, excluding those originating from Japan. Additionally, westbound transpacific shipments from the United States to Shanghai and Guangzhou, China, and points beyon...
Great Wall Airlines said today it will add Tianjin to its freighter network from March 30 and become the first carrier to offer direct scheduled all cargo flights to Europe from the Northeast China city. The Sino-Singapore carrier, which is preparing to add flights to Chicago and Los Angeles, said it will serve Tianjin with five flights per week using...
Germany airline Lufthansa Cargo posted an operating profit of 135.6 million euros ($200 million) in 2007, an increase of 66.4 percent from 81.5 million euros in the previous year. Revenue for the year dropped 3.8 percent to 2.74 billion euros ($4 billion). Shipments were up 2.6 percent to 1.8 million tons of freight and mail. Lufthansa Cargo's capacit...
FedEx today blamed a 6 percent decline in third quarter profits to $393 million on high fuel prices and a weak U.S. economy. Profits were down at its U.S. express, less-than-truckload and FedEx Kinko's units. The express package delivery and freight transport company reported operating income remained flat at $641 million on a 10 percent rise in r...
Vietnam has become a hub for processing large quantities of illegal timber from the region and used in its burgeoning furniture industry, according to a report released on March 19 by the non-profit organization Environmental Investigation Agency. EIA and its Indonesian partner Telapak conducted the investigation, which includes filming and undercov...
DHL Exel Supply Chain has landed its largest ever automotive contract with a three-year deal worth over $600 million to manage in-plant logistics and the collection of U.K. and European sourced component parts for Jaguar and Land Rover vehicles. Under the contract, DHL will support the annual build of more than 300,000 cars and its activities will be ...
The U.S. Commerce Department's Bureau of Industry and Security has launched the BIS Online Training Room, a new resource for companies interested in learning more about export control regulations. The Training Room will serve as a repository for BIS training modules and webinars to supplement the agency's current exporter outreach programs. BIS is re...
Savannah Investment Management said it has purchased a 282-acre site in Montgomery, N.Y. and plans to build a business center with more than 1 million square feet of space adjacent to Stewart International Airport. A 93-year lease to Stewart was acquired by the Port Authority of New York and New Jersey last year and the agency plans to develop it into...
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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