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Toll Expands In China
Australia's Toll Group has agreed to acquire 40 per cent of Tianjin Anda Logistics, a third party logistics service provider in China s rapidly expanding automotive market. The Chinese automotive market is the largest in the world and offers immense opportunities for Toll to leverage our...
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A.P. Moller - Maersk Group's Revenue Increased By 10% In First Quarter
The A.P. Moller - Maersk Group's revenue for the period 1 Jan to 31 Mar 2011 has increased by 10% to USD 14.5bn, primarily due to higher container freight rates, container volumes and oil prices. Profit for the period has increased by 82% to USD 1.2bn and was driven by better operational...
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Seaspan Adds 59th Ship
Seaspan Corp. said it has accepted delivery of the COSCO Vietnam, an 8,500-TEU containership, from Hyundai Heavy Industries. The new containership is Seaspan's fourth delivery in 2011 and expands the company's operating fleet to 59 vessels. The COSCO Vietnam is on charter to COSCO Container...
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FedEx Express Adds B777F India Servic
Express transportation company FedEx Express is to launch a new intercontinental flight route between the US, the Middle East, India and Europe. The new Boeing 777F service will provide Indian businesses with better international connectivity as well as additional capacity. Aircargo Asia Pacific...
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Business Beckons At "Vietnam 2011"
Ho Chi Minh City, Vietnam Hosting IFLN Network's 18th Membership Conference, April 3-6, 2011. The IFLN conference will provide an excellent opportunity for all participants to educate themselves about the latest economic and infrastructure development in Vietnam and provide the IFLN Network...
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Weiss Röhlig Launches Trans-Siberian Rail Freight Service
Weiss Röhlig has launched a new Trans-Siberian container service from the Russian Far East to Russia and Central Asia. The service connects China, Korea, Japan, Taiwan and South East Asia with more than 2,000 railway stations in the emerging markets of Russia and CIS countries. The rail head is...
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FedEx Halts Tokyo Deliveries
Logistics giant FedEx Corporation says it has temporarily stopped accepting shipments for Tokyo's Narita airport in Japan, while other airlines have begun checking for radiation on aircraft returning from Japan. Other carriers have cancelled services to the country. The FedEx decision was...
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ITF Calls For Rules On Packing Containers
The International Transport Workers Federation (ITF) is lobbying politicians on the dangers of badly packed, overweight, inadequately secured and mis-declared containers. The ITF is warning politicians, the European Union and other stakeholders of the risks from some containers ahead of an...
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China Proposes Colombia Rail Link To Rival Panama Canal
China is in negotiations over the construction of a rail link across Colombia to rival the Panama Canal. The 137 mile "dry canal, linking Colombia's Atlantic and Pacific coasts, would make it easier for China to export goods across Latin America and import raw materials such as coal. "It's a...
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