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THE price for container truck access through the gates of the ports of Los Angeles and Long Beach under the PierPass regime will increase 20 per cent to US$60 per TEU from July 4. A year from now, the "traffic mitigation fee" will be "adjusted" annually based on changes in Pacific Maritime Association costs. Other options were considered, reported Londo...
JAPAN's shipbuilders posted a 9.4 per cent increase in export ship orders, totalling 912,142 gross tons, according to figures released by the Japan Ship Exporters' Association (JSEA). While year-on-year growth slowed over three months after a 218.5 per cent increase in January, 35.4 per cent in February and 10.9 per cent in March, April was the 17th str...
CHINA Yangtze Estuary Deepwater Channel Regulation Phase III has passed the national final acceptance tests, marking the largest waterway in the history of water transport construction projects after 40 years of research and 13 years of building, reports Xinhua. The estuary channel, featuring a total length of 92.2 kilometres, 350-400 meters wide at...
Latvia and Russia have entered into agreement to open a new ferry service from Liepaja to Germany or other EU member, which could be used by the Russian trucking companies, a Russian delegation’s representative told RIA Novosti. The agreement was signed at a meeting of the Latvia-Russia Business Council. Peter Aven, who headed the Russia's dele...
DHL's supply chain division has received for a second year in a row the honour of being named the Aerospace Logistics Company of the Year at the 2011 Frost & Sullivan Asia Pacific Aerospace and Defence Awards. The win comes shortly after the company clinched a landmark three-year deal worth EUR10.6 million with KPMG for Aero Inventory, a company tha...
BRITISH Airways will pay US$89.5 million to settle a class action lawsuit for its part in a scam involving 18 airlines and 19 executives charged with price-fixing air cargo rates between 2000-2006. The class-action suit stems from US Department of Justice's anti-cartel investigation from 2006. The plaintiffs of direct purchasers of air freight services h...
THE second half of 2011 is expected to experience an increase in air freight demand ahead of back-to-school and holiday shopping in the US and Europe that may well offset rising fuel prices, say express delivery giant FedEx and Hong Kong's Cathay Pacific Airways. Despite a slow first half, shippers are predicting a surge in year-end consumer demand, said...
A WALL STREET's Longbow Research Truckload Barometer shows supply tightening after a month of slackening demand and joins others in predicting tighter capacity to come because of rising labour, equipment, fuel and financing costs. While other indicators show a slowing recovery, this weekly index increased 14.1 per cent week-to-week in the last week of Ma...
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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