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THE International Air Transport Association (IATA) reports that international airfreight volumes rose by 20.6 per cent in 2010 with demand outstripping a capacity increase of 8.9 per cent. The freight load factor saw a 5.2 percentage point improvement to 53.8 per cent. International passenger traffic grew by 8.2 per cent last year on a capacity increase o...
A MAJOR western US railway, the Burlington Northern Santa Fe (BNSF) has announced a 2011 capital spending programme of US$3.5 billion to build its core network including $450 million earmarked for 227 locomotives, and another $350 million on rolling stock and other equipment. The programme also includes about $300 million for federally mandated positive t...
THE American share of global container volume declined almost half from 16.3 per cent of it in 1995 and falling to nine 14 years later in 2009, according to the US Department of Transportation (DoT). But despite the decline, one container in 11 is either bound for or comes from United States, said the DoT report. In 1995, US container volume amounted to 2...
CKYH ALLIANCE members, Cosco, "K" Line, Yang Ming and Hanjin, plan to introduce a sixth Far East-North Europe loop (NE-6) from April 2, raising the group's weekly capacity to North Europe by 25 per cent. The new NE-6 will be operated with nine ships in the 10,000-TEU range, the first being the new 9,954-TEU Hanjin Netherlands, said Alphaliner. Three more...
Global logistics operator SDV has landed a seven-year contract to handle Singapore Airlines' spare parts logistics activities. More than 27,000 sq m of space will be managed in Singapore by 120 staff executing 90,000 inventory transactions a month, an SDV spokesman said in a statement. Major activities are receipts, inspections, storage, goods issue,...
THE Air Cargo Africa 2011 international conference and exhibition will be held in Kenya's capital Nairobi at the Kenyatta International Conference Centre from February 22-24. This first biennial expo and conference has been organised by STAT Trade Times, an international multi-modal transport trade media specialising in air cargo. The organiser said th...
HONG KONG's Asia Airfreight Terminal (AAT) handled 60,789 tonnes of air cargo in January, an increase of 27 per cent compared to the same month in 2010. Within this total, export cargo amounted to 42,203 tonnes, up 31 per cent year on year. Import cargo volume rose 16 per cent in January to 17,941 tonnes and transshipment cargo throughput rose by 162 pe...
HONG KONG's Cathay Pacific Airways and its sister airline, Dragonair, enjoyed an 8.9 per cent year-on-year increase in January air freight and mail to 144,402 tonnes. But the two carriers suffered a load factor reduction of 7.1 percentage points to 67.8 per cent while posting a 25.5 per cent increase in available cargo/mail tonne kilometres as well as a ...
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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