China banks on rail boom to fire inland growth
04-28-2010
- In southwestern Yunnan province, giant concrete pillars bestride the fields, tracing the route of one of scores of new rail lines that China is building.
In western Xinjiang, construction crews toil on a lonely line cro..
FCC launches multimodal service, to boost volumes to 3.2m tons..
04-28-2010
- Russian rail operator First Cargo Company (FCC/PGK, a Russian Railways' subsidiary), running a new multimodal transportation service, plans to raise traffic volumes this year to 3.2 million tons of various cargoes, inclu..
TT Club insurers set new guidelines for cargo slinging
04-28-2010
- Transport and logistics insurer TT Club, in collaboration with the International Cargo Handling & Co-ordination Association (ICHCA), has issued new guidelines on the safe slinging of cargo on and off vessels, in the ..
Freight firm profit growth goal revised upwards
04-28-2010
- Multimodal freight service provider Freight Management Holdings (FMHB) expects net profit to grow by up to 20 percent in the current fiscal year, aided by growth from all divisions except rail freight services and cost a..
Hyundai Mobis launches logistics center for auto parts in Egyp..
04-28-2010
- South Korea's top auto-parts maker, Hyundai Mobis Co., said Tuesday that it has launched a logistics center in Egypt, becoming the first South Korean company to do so in the African nation.
According to Hyundai Mobis, t..
Gammon to build US$5.4 million HK air cargo terminal
04-27-2010
- Hong Kong's Gammon Construction Limited and Hip Hing Construction Co Ltd have been awarded a HK$4.2 billion (US$5.4 million) to build the airport's new air cargo terminal by Cathay Pacific Services Ltd.
The building of ..
China Shipping Development's net profit up 45% in Q1
04-27-2010
- China Shipping Development, the largest carrier of crude oil in mainland China, said yesterday in a statement filed with the Hong Kong Stock Exchange that its first-quarter net profit jumped 44.77% year on year to RMB 45..
TS Lines launches China - Australia service
04-27-2010
- T.S. Lines is launching a new China – Australia service as well as a new Hong Kong – Taiwan service. T.S. Lines new China – Australia Express will call at Ningbo, Shanghai, Hong Kong Shekou, Sydney, Melbourne and Brisban..
Malaysia's Northport first quarter up 26pc to 779,867 TEU
04-26-2010
- Northport, at Port Klang, Malaysia, has announced a 26 per cent increase in first quarter container volume to 779,867 TEU compared to 620,633 TEU in the same period last year.
Exports stood at 223,450 TEU, a 25 per cent..
Double developments at Shekou
04-26-2010
- China's Shekou Container Terminals (SCT) GPS system has finally gone live following a twelve month set up period.
The system comprises Global Positioning System (GPS), Geographic Information Systems (GIS), Wireless Netw..