Two of the world's biggest airlines have joined forces to examine a bid for Sir Richard Branson's Virgin Atlantic, reported The Sunday Times. Air France-KLM and America's Delta, both members of the Sky Team airline alliance, are trying to tempt Branson into joining their transatlantic joint venture, formed in May 2009. It allows partners to share reven...
Japan's Yamato Holdings has launched a door-to-door parcel delivery service operation in Hong Kong and aims to handle 600,000 parcels this year and 24 million in 2020. Hong Kong is Yamato Transport's - a trucking subsidiary of Yamato Holding - fourth foothold overseas, following Taiwan, Singapore and Shanghai, reported Jiji Press. Yamato Holdings pres...
FORWARD AIR CORP, a provider of surface transportation and related logistics services to the North American air freight and expedited LTL market, has announced a fourth quarter 2010 profit of US$11.8 million, representing an increase of 88 per cent compared to the same quarter a year earlier. The Greeneville, Tennessee, company also saw it operating reven...
A HIGHLY radioactive container was discovered in the Italian Port of Genoa, raising fears it may be nuclear bomb ready to explode if opened, reports London's International Freighting Weekly. "The container is very nearly glowing with Cobalt-60; its contents are unknown and there is no game plan for its disposal. I wouldn't go near it," said Joe Alioto, ...
DP World Southampton has just made an important step in upgrading its equipment capability as the second and final shipment of sections of two new Super post-Panamax cranes (with 22 containers wide reach) arrived onboard the MV Beluga Formation. The cranes were built in sections by Liebherr Container Cranes in Ireland. Over the coming months a team of en...
ICTSI Oregon, Inc., a subsidiary of International Container Terminal Services, Inc. (ICTSI) has officially taken over the operation of the US Port of Portland’s Terminal 6, the only deep draft container terminal on the Columbia River. Under a 25-year lease to operate the terminal’s container and breakbulk facilities, ICTSI plans to boost serv...
Labour movements at the port of Mombasa remain determined not to permit any privatisation of the Kenyan port, in particular container terminal development involving berths 11 to 14 reports Ports & Terminals. This is despite a warning by the World Bank that the port is rapidly nearing saturation and will not be able to handle additional volumes withou...
The Port of Gothenburg has signed a ten-year concession agreement with Swedish logistics company Logent, which will operate the Gothenburg Car Terminal AB. The Port of Gothenburg is by far the largest port of export for cars in Sweden. Swedish export successes such as construction machinery, truck chassis and bus chassis are also shipped through the port...
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