Hong Kong's government has approved a third runway for the city’s international airport.
Expected to open by 2023, it will help the island maintain its status
as the world’s busiest air cargo hub and help Hong Kong maintain its
position against other Asian rivals in China and Singapore.
The HK$141.5bn (US$18.2bn) scheme will be funded from internal funds,
borrowings and user fees, including a HK$180 (US$23.20) additional
passenger fee.
The new runway would be to the north of the airport...
Showing posts with label Cargo Shipment. Show all posts
Showing posts with label Cargo Shipment. Show all posts
Sunday, March 22, 2015
Wednesday, March 18, 2015
US parcels giant FedEx saw third quarter revenues up four per cent to $11.7bn.
“We had a very successful peak season as volumes grew across all
transportation segments, and our profit improvement programs are moving
ahead as scheduled,” said Fred Smith, FedEx Corp chairman, president and
chief executive officer.
Operating results for the third quarter ended...
Sunday, June 15, 2014
US – Covert cargo and vehicle theft detection, recovery, and loss prevention company, SC-integrity (LoJack SCI) and perishable and high value shipment tracking firm Locus Traxx Worldwide, have announced an alliance which aims to both advance and bolster supply chain and cargo shipment security and efficiency. Together, the organisations plan to release a series of bundled tracking and information solutions based on Locus ‘SmartTraxx™ GO’ tracking technology, which monitors both the security and...
Tuesday, June 3, 2014
FORWARDERS are not surprised by the latest US climbdown on
controversial plans to introduce 100 per cent ocean container screening.
Peter
Quantrill, director general of the British International Freight
Association (BIFA), says it is “hardly surprising” to hear the news that
the USA has delayed – for another two years – its demand that all cargo
containers entering...
Wednesday, September 18, 2013
Air freight traffic has grown at 5.3 per cent annually since 1980. Today goods worth $6.4 trillion travel by air — that’s 35 per cent of all world trade by value.
The growth rate is expected to be 4.9 per cent for the next 20 years. This means by the year 2023 traffic will double, according to V.K. Mathews, Executive Chairman of IBS Software, based in Technopark here.
Minimal profit
However, the profit margins are going to be nominal, Mathews said while speaking at the IBS Air Cargo Forum...
DHL-Sinotrans, the leading air express company in China, launched mobile stations indowntown Beijing, Shanghai and Shenzhen to provide companies with convenient pick-upfacilities.
The move will help optimize shipment routes for express items and extend cut-off times forcustomers, according to Wu Don...
Friday, August 30, 2013
Andhra Pradesh commanded a lion’s share of over 46 per cent in the total basket of new port projects being implemented across Indian maritime States.
The port sector in Andhra Pradesh is set to receive a significant boost with the decks cleared for setting up of a second major port in the State.
The proposal to set up the port, with an initial capacity of six berths...
Thursday, August 29, 2013
Turkish Cargo, the freight service of Turkish Airlines, has ambitious plans for growth, and it seeks to continue the rapid expansion it has experienced over the last several years. The cargo carrier has averaged a 20 percent growth rate over the past five years.
“We have a strategy independent from market conditions,” says Mehmet Kizilkaya, Turkish Airlines’ regional...
Monday, August 26, 2013
Addis Ababa, Ethiopia - Ethiopian Airlines, which operates the largest cargo services in Africa, is to open its second cargo hub in Africa, in partnership with the Lome-based ASKY Airlines, the Ethiopian flag carrier has announced on its website.
PANA reports Saturday that the new cargo hub will commence operations in September 2013 using a B737-400F aircraft.For the past three years, Ethiopian and ASKY have partnered to serve the needs of passengers travelling within, to and from West and Central...
Wednesday, August 7, 2013
Space to Expand Means it's Special Offer Time for Prospective Customers
US – How to drum up more business? The eternal question for all companies whether in the logistics industry or any other, but a question especially relevant when economic times are hard. Advertising (even with the low rates charged by the Handy Shipping Guide) is one avenue but for Lambert St...
BUENOS AIRES, Aug 6 (Reuters) - China has approved its first shipment of genetically modified Argentine corn, Buenos Aires-based trade sources said on Tuesday, signaling that the Asian country may eventually import GMO crops from other producers like the United States.
The sources said Chinese health authorities cleared 60,000-tonnes of genetically modified (GMO) Argentine corn. The cargo was already headed inland to be used as hog and chicken feed.
Benchmark Chicago corn futures fell briefly...
Etihad Airport Services – Cargo (EAS-Cargo), a subsidiary of Etihad Airways, is working with the Singapore-based Cargo Community Network (CCN) to roll out a new information technology platform for the Abu Dhabi cargo community called Cargo Community Service (CCS).
The service is designed to facilitate air cargo booking and shipment processes for Abu Dhabi-based freight...
Abu Dhabi: Etihad Airport Services — Cargo (EAS-Cargo), a subsidiary of Etihad Airways, is working with the Singapore-based Cargo Community Network (CCN) to roll out a new information technology platform for the Abu Dhabi cargo community called Cargo Community Service (CCS).
The one-stop service is designed to help air cargo booking and shipment processes for Abu Dhabi-based freight forwarders and clearing agents by linking them directly with air cargo carriers, ground handlers and third...
Thursday, August 1, 2013
CHINA and the European Union continue to negotiate anti-dumping probe of European wine exports which amounted to 257.3 million litres in 2012, valued at US$1 billion, half of which were from France. A decision to drop the wine anti-dumping probe is unconfirmed with a latest report from Reuters citing law firm's continued investigation into the Chinese industry association's complaint. However, discussion is a sign that Europe's most important trading partner is willing to ease tensions. The...
Dr. Jamal Sanad Al-Suwaidi, Director General of the Emirates Center for Strategic Studies and Research (ECSSR), contends that over the last ten years, the Gulf of Aden and the Arabian Sea have reached high levels of piracy, lending to increased risk for the maritime shipping industry. At Tuesday’s international symposium entitled: ‘The Challenges of Piracy in the Gulf of Aden and the Arabian Sea,’ he highlighted the issue.
“The risks of such crimes taking place are exacerbated by links to organizations...
Being as controversial as it is, the practice of shipbreaking is relinquishing its role to more productive means of retiring used vessels. One of these means is ship recycling. One of the most prominent companies in this industry is GMS LeaderShip, a company with a global office disposition that conducts cash buys of ships in order to recycle them or sell them to other companies that do.
So far, GMS has negotiated the recycling of about 2,000 vessels, making them the premier company in the industry...
Kuantan Port in Malaysia is expected to grow exponentially in the coming years. A partnership between IJM Corp Bhd and its subsidiary Kuantan Port Consortium Sdn Bhd (KPC), as well as China’s Guangxi Beibu Gulf International Port Group will facilitate the expansion.
The final design of the project is due in October; the partners have agreed to expand the facility with 16 extra meters of draft alongside the new facility’s berths to help support trade to and from the adjacent Malaysia-China Kuantan...
The new measures, which include more scanning, might usher an increase of the maximum prices for flying shipments or the introduction of a security fee on exporters.The price for sending air freight overseas could soon rise due to stricter US security demands that could halt flights to the United States if not carried out. The companies affected would be El Al Israel Airlines, United Airlines, Delta Air Lines and US Airways.
Source: http://www.freshplaza.com/news_detail.asp?i...
Middle Eastern airlines saw a continued robust expansion of demand in June with freight volumes growing by 12.7 per cent year-on-year, said a report released by the International Air Transport Association (Iata).
The consistent high growth in recent years, as the region’s carriers take advantage of the geographical position of the Middle East, has led to a substantial...
CHINA'S ECONOMIC slowdown has dampened air-freight demand throughout Asia and the Pacific as regional carriers' business volume in June contracted 1.8 per cent year on year, according to the International Air Transport Association (IATA).
In the first half, volume dropped 2.3 per cent.To the organisation representing some 240 airlines comprising 84 per cent of global air traffic, this is the weakest performance among the regions and reflects the broad impact of the slowing growth of Chinese...
Subscribe to:
Posts (Atom)
.jpg)
