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A 10% reduction in the volume of containers passing through German ports was recorded for the first half of the year, according to Irish Trucker. Terminal operator Eurogate announced that its volumes were down by 10% compared to the same period last year with a downturn in world trade being blamed as the reason for the drop. Container terminals operated...
China's Ministry of Finance announced Wednesday that the country's fiscal revenue in July rose 10.2 percent year on year to 669.59 billion yuan ($97.96 billion). The July figure brought the total fiscal revenue in the first seven months to 4.067 trillion yuan, down 0.5 percent year on year, according to a statement from the ministry. Fiscal revenue ha...
China's textile and garment export dropped 12.35 percent to $16.38 billion in July from the same period last year, according to the latest statistics on the official website of the General Administration of Customs. The figure in July, however, was 21 percent up from $13.48 billion in June. The textile and garment export declined 11.15 percent to...
China's Ministry of Commerce affirmed Wednesday its stance on the United States' proposed imposition of tariffs on Chinese tire imports, saying the move was neither supported by "legitimacy nor objective foundation". The slowdown in the US tire industry was a result of the global financial crisis, and not China's increasing tire exports to the United S...
Nine brand new open hopper sand wagons have arrived in the UK this week, which form part of a long-term, ‘new for old’ lease agreement between wagon providers VTG Rail UK, a subsidiary of VTG Aktiengesellschaft (SCN: VTG999), Europe’s leading private wagon hire and rail logistics company and Somerset based aggregates transporter, Mendip Ra...
Boeing delivered Qatar's first C-17 Globemaster III airlifter to the Qatar Emiri Air Force during a ceremony at the company's facility in Long Beach. "With this C-17, and the one that will be delivered later this year, the Qatar Emiri Air Force now has unequaled tactical and strategic airlift capabilities - including high reliability and operational fle...
Another cargo decline hit Cathay Pacific Airways and its sister company Dragonair in July, but it was smallest since the beginning of the year, showing that the downturn is touching bottom, say airline officials to the Shipping Gazette. "Our July drop of 6.7 per cent was the smallest year-on-year monthly drop in 2009," said Cathay cargo chief Titus Diu. "...
United Airlines has registered five per cent growth in air cargo volumes in July, compared to June of this year, representing the highest growth rate recorded in nine months, the Shipping Gazette reported. On a year-on-year basis, the carrier's air freight volume declined by 17 per cent compared to July 2008, reports the Journal of Commerce Online, which...
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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