CargonewsXpress - Edition 1398

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ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1398 Headlines SWISS nine months operating profit down 36% Russian leasing firm to buy 35 MAX Top China airlines see profits fall in Q3 Cargo operators assess damage from storm Sandy Schiphol throughput swings towards exports Dubai September tonnage sets record Chapman Freeborn helps in Hanoi medical airlift China Airlines nine-month profit nearly double Air France seeks compensation for A380 problems Etihad orders two Airbus planes for $418m New service for Shekou terminal Carriers hold firm in transpac contract talks Gothenburg Port sees rise in box throughput OOCL to charge for potential US port congestion Box business narrows China Cosco losses UPS expects to deliver 527m packages during holidays CMA CGM selects CargoWise system Singapore Airlines to buy Virgin stake Sinotrans signs up to INTTRA network Cargo transport hit ashurricane Sandy strikes Contents SWISS nine months operating profit down 36% Swiss International Air Lines reported an operating profit of US$198.5 million for the first nine months of 2012, a 36 percent decline on the same period last year. An operating profit of $133. Russian leasing firm to buy 35 MAX Boeing is selling 35 of its redesigned 737 aircraft to a Russian state-run leasing company in a deal that would be worth US$3 billion, if sold at current list prices, reported Associated Press Newswires. Top China airlines see profits fall in Q3 China's top three airlines posted declines in third-quarter profit as softening growth in air travel demand amid the global economic downturn and foreign exchange losses weighed on their profitability, reported Dow Jones Newswires. Cargo operators assess damage from storm Sandy As rail, transit, airline and port workers dug through debris, dealt with power outages and assessed damage on Tuesday, one thing became increasingly clear: Restoring full transportation could take some time, reported Reuters. Schiphol throughput swings towards exports Amsterdam Airport Schiphol recorded its best quarter of the year from July to September, although the 373,988 tonnes handled were still 1.8 percent behind the same period last year. Dubai September tonnage sets record Freight volume totalled 193,261 tonnes in September at Dubai International Airport, an increase of 9.1 per cent over 177,128 tonnes from a year earlier – the highest monthly increase since October 2010, reported Reuters. Chapman Freeborn helps in Hanoi medical airlift Chapman Freeborn Airchartering, in association with the St Anthony Health Foundation and Catholic Health Initiatives (CHI), transported more than 50 tonnes of medical equipment from Denver to Hanoi. China Airlines nine-month profit nearly double China Airlines posted a net profit of US$13.12 million for the January-September period, near;y double from that a year ago, reported Dow Jones Newswires. In 2011, it reported a net profit of $7.33 million for the nine-month period. Air France seeks compensation for A380 problems Air France is seeking compensation from European commercial aircraft builder Airbus for a series of technical problems that have and will keep some of its eight A380 superjumbos out of service, entailing lost revenue, reported Dow Jones Newswires. Etihad orders two Airbus planes for $418m Etihad Airways, the national airline of the United Arab Emirates, has ordered two additional Airbus A330-200 passenger aircraft in a deal valued at US$418 million at current list prices, reported Dow Jones Newswires. New service for Shekou terminal Shekou Container Terminals (SCT) welcomed a new service CIX3 (China India Express 3) on October 29, which was jointly launched by OOCL, RCL and Hamburg Sud. Carriers hold firm in transpac contract talks Asia-US container lines are resisting downward pressure on rates from customers in the early days of their 2013-14 contract negotiations. Gothenburg Port sees rise in box throughput The Swedish Port of Gothenburg saw a four percent increase in container traffic in the third quarter of 2012, while there was a decline of four percent decline in roll-on/roll-off (ro-ro) traffic, reported SeeNews Shipping. OOCL to charge for potential US port congestion Hong Kong-based box carrier Orient Overseas Container Line (OOCL) will impose a port congestion surcharge (PCS) for shipments moving to or from the US on December 29, due to potential labour unrest, reported SeeNews Shipping. Box business narrows China Cosco losses Shipping giant China Cosco's third-quarter loss arrowed to US$243 million from $331.45 million a year earlier, mainly because of increasing volumes and revenue in the company's container shipping business. UPS expects to deliver 527m packages during holidays United Parcel Service Inc. CMA CGM selects CargoWise system Logistics technology solutions provider CargoWise announced that CMA CGM Logistics, a division of steamship carrier CMA CGM, has selected a hosted version of ediEnterprise from CargoWise to support its US operations. Singapore Airlines to buy Virgin stake Singapore Airlines will buy a 10 percent stake in Virgin Australia Holdings for US$108 million, stepping up its competition with rival Qantas Airways in the lucrative Australian market, reported Reuters. Sinotrans signs up to INTTRA network INTTRA, the world's largest ocean shipping network, announced today that Sinotrans Ltd has expanded the scope of its partnership by joining the INTTRA NVOCC network. Cargo transport hit as hurricane Sandy strikes Transportation ground to a halt along the US Northeast coast yesterday, as hurricane Sandy prompted closure of air, ship, rail and even highway service.   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. Tel: 852-3965 7800 Fax: 852-2508 0255 Contact Editorial: cnaedit@cargonewsasia.com.hk Advertising: octang@cargonewsasia.com.hk Other enquiry: customer@cargonewsasia.com.hk You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here. If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form. This news service is designed for optimal viewing with MS Outlook. Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved.

CargonewsXpress - Edition 1397

If this newsletter is not properly displayed, please click here. ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1397 Headlines Heathrow nine-month earnings up 9.6% Hurricane forces cancellation of flights Copenhagen Airports sells Newcastle stake to fund China Southern thirdquarter profit down 29% Portugal gets eight bids for airport firm Branson close to airline alliance as Virgin pushes into India JNPT to seek bigger profit share from DP World TNT Express sees Q3 profit jump 80% Contents Heathrow nine-month earnings up 9.6% Heathrow Ltd, formerly the British airport operator known as BAA, posted a 9.6 percent rise in profit during the first nine months of 2012, helped by rising traffic and revenue at its London Heathrow hub, reported Reuters. Hurricane forces cancellation of flights Thousands of people were affected on Sunday as US airlines cancelled more than 7,400 flights through Tuesday ahead of the two storm systems converging on the East Coast, reported Dow Jones Newswires. Copenhagen Airports sells Newcastle stake to fund Danish airports operator Koebenhavns Lufthavne or Copenhagen Airports, has agreed to sell its 49 percent interest in NIAL Group, the parent company of Newcastle International Airport, to a fund managed by AMP Capital Investors, reported Dow Jones China Southern third quarter profit down 29% China Southern Airlines posted a 29 percent fall in third-quarter net profit from a year earlier, weighed down by softening growth in air travel demand and foreign-exchange losses. Portugal gets eight bids for airport firm Portugal moved closer to selling airport operator ANA, attracting eight preliminary offers in a deal that could help the indebted country raise up to US$2.6 billion, reported Reuters. Branson close to airline alliance as Virgin pushes into India Virgin Atlantic is considering breaking with its go-it-alone history by joining an airline alliance, Richard Branson said as he launched Virgin's new route to Mumbai with a pledge to expand to three more Indian destinations if he could win slots at JNPT to seek bigger profit share from DP World Jawaharlal Nehru Port Trust (JNPT), which had invited bids for a new container berth at Nhava Sheva, will seek a larger share of profits from DP World, the lone bidder for the project, reported The Economic Times. TNT Express sees Q3 profit jump 80% Dutch package shipper TNT Express saw third quarter net profit soar 80 percent, despite challenging trading conditions and reiterated that it's confident to receive clearance from European regulators for its merger with US-based United Parcel Service   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. Tel: 852-3965 7800 Fax: 852-2508 0255 Contact Editorial: cnaedit@cargonewsasia.com.hk Advertising: octang@cargonewsasia.com.hk Other enquiry: customer@cargonewsasia.com.hk You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here. If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form. This news service is designed for optimal viewing with MS Outlook. Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved.

Market Briefing from WorldCargo News Online

CLICK HERE TO VIEW THE LATEST WCN E-NEWSLETTER IN YOUR BROWSER Welcome to the latest eNewsletter from the publishers of WorldCargo News, the world's leading resource for international cargo professionals. Click here to view a sample issue of WorldCargo News and subscription information. Click here for information on advertising in print or online. Market Briefing Gaussin books ATT deal with APMT Tanger-Med APM Terminals Tangiers has confirmed an order for 48 Gaussin automotive terminal trailers... Click here for more Portek reports traffic increase Portek International has reported a 16% increase in container throughput in the first six months of its 2012-13 fiscal year... Click here for more Kalmar to the fore again Cargotec has confirmed that its business areas will be renamed after their industry leading brands Kalmar, MacGregor and Hiab as of 1 January 2013... Click here for more Toyota to buy Cascade FLT builder Toyota Industries is set to buy the world's biggest FLT attachments maker Cascade Corp for US$759M... Click here for more OneSeal wins patent case Denmark-based container security seal manufacturer OneSeal has won the patent infringement case it brought against Mega Fortris (Europe) Aps Ltd in respect of the latter's Flexi Klick flexible container bolt seal.... Click here for more PD Ports win CILT award The PD Ports Group has won the "Development of People" award from the Chartered Institute of Logistics and Transport... Click here for more Eurotunnel posts strong results Eurotunnel Group has reported strong progress in 3Q/2012, despite the "difficult and highly competitive market"... Click here for more Ferrymasters extends its Horizon P&O Ferrymasters is teaming up with Horizon International Cargo to offer a "one stop shop" to customers... Click here for more Progress at Maasvlakte II Rotterdam's Yangtze dock will be opened next month, creating the entrance to the second Maasvlakte... Click here for more Tanjung Pelepas receives "green" award The Port of Tanjung Pelepas (PTP) was named the winner of the 2012 Frost & Sullivan Asia Pacific "Green Terminal Operator of the Year" award... Click here for more New straddles for Liverpool The UK Port of Liverpool, part of Peel Ports plc, has disclosed a recent delivery of straddle carriers, bringing its overall straddle carrier fleet to 40 machines.... Click here for more CMHI takes 50% stake in Togo terminal China Merchants Holdings (International) Company (CMHI) has acquired a 50% interest in Thesar Maritime Ltd, which has a 35 year concession to develop and operate the Lome Container Terminal (LCT) in Togo.... Click here for more Liebherr's Russian file Liebherr Container Cranes Ltd continues to be a popular choice in the Russian market. Having delivered and commissioned two Panamax STS cranes in Vladivostok earlier this year and two widespan RMGs in 2011, the company recently booked orders for four more STS cranes to be delivered to Novorossiysk and St Petersburg.... Click here for more New CVP drives agreement in US Allison Transmission Holdings, Dana Holding Corporation and Fallbrook Technologies have announced the formation of strategic relationships to develop, manufacture, and commercialise high-efficiency transmissions for passenger vehicles, commercial vehicles, and off-highway equipment. These next-generation transmissions are aimed at increased fuel efficiency, lower emissions, and improved overall vehicle performance.... Click here for more APMT moves into Russia APM Terminals (APMT) is entering the Russian market in a strategic partnership with the leading Russian transportation group, N-Trans, through the acquisition of a 37.5% stake in Global Ports, up to now wholly controlled by N-Trans.... Click here for more Cargotec books automation deals Cargotec has reported two deals for automated cargo handling equipment in Australia.... Click here for more ...Tratos books Jebel Ali deal Tratos Cavi SpA has reported a contract award from DP World to supply Tratosflex ESDB long travel reeling cables for installation in RTGs at Jebel Ali.... Click here for more Upgrade for Manaus Brazil's National Department Of Transport Infrastructure (DNIT) has signed a contract worth US$2.3M with Sistema PRI Engenharia Ltda to draw up the outline project for the expansion and upgrade of the Amazon port of Manaus in time for the 2014 FIFA World Cup.... Click here for more Cimolai set for expansion Italy's Industrie Meccaniche Cimolai SpA has taken over the crane and heavy equipment fabrication and load-out facilities at Monfalcone, in north east Italy, that were formerly owned by Fantuzzi Noell group and were used to fabricate and ship out large Reggiane rail-mounted and mobile harbour cranes.... Click here for more DP World quits Aden DP World has reached an agreement with Yemeni parties to divest its entire interest in Dubai and Aden Ports Corporation (DAPC) to Yemen Gulf of Aden Ports Corporation (YGAPC).... Click here for more Intersagunto ready to roll Intersagunto Terminales, a company owned by the Alonso group, is to invest €33M in the port of Sagunto after winning a concession to develop and operate a multi-purpose terminal on Muelle Norte 2 by Valencia Port Authority (APV).... Click here for more DPW splits crane order... In a major departure for its flagship Jebel Ali port, DP World has split its procurement of 19 STS cranes and 50 automated RMGs (ARMGS) for its US$850M, 4M TEU/year capacity Terminal 3 development between ZPMC and Trans Gulf Port Cranes LLC (TGPC), which is part of Abu Dhabi-based IMCC Group.... Click here for more Kembla sale contested The New South Wales Government has announced the next round of tenders for the A$800M Port Kembla Outer Harbour Expansion Project, despite increasing opposition to plans to sell a 99-year lease of the entire port.... Click here for more JOIN US ON LINKEDIN The WorldCargo News LinkedIn group complements WCN in print and online and offers you the opportunity to discuss key issues and network with your peers and a wide cross-section of industry experts. Join the discussion now at http://lnkd.in/x932Pg Unsubscribing You can change your selection of content in your Market Briefing from WorldCargo News Online, or unsubscribe at any time. Click here and then click on 'Edit your email Alert' to modify your selection or to unsubscribe. If you have mislaid your password, enter your email address - angelo.evangelista2006.schedule@blogger.com - into 'Your email address' and click on 'Remind me': your password will be emailed immediately to that email address. Why not subscribe to the Market Briefing from Bulk Materials International? Just click here to subscribe and select the subjects that suit you. Publisher WCN Publishing Northbank House 5 Bridge Street Leatherhead SURREY KT22 8BL United Kingdom Tel: +44 (0)1372 375511 Fax: +44 (0)1372 370111 Visit other WCN Publishing publications: Bulk Materials International (c) WCN Publishing Featured Event Intermodal Europe 2012 Europe's leading event for container transport and logistics across road, rail and sea. 27-29 November 2012 Amsterdam RAI, Holland Click here for more information Reports Container Terminal Planning - A Theoretical Approach A major study by Dr Itsuro Watanabe (Container System Technology). This comprehensive 245 page study is an in-depth analysis of capacity constraints, productivity, selectivity and flexibility of different container handling systems in terminals of different types and sizes: common-users or dedicated; hub centre (transshipment and/or relay) or import/export vocation; gateway or feeder port; intermodal rail or truck distribution inland; with or without CFS, etc. Click here for more information Upcoming events FEATURED EVENT TOC Container Supply Chain Americas 2012 TOC returns to the country for the 12th edition of this event which brings together key sector stakeholders for 3 productive days. 4-6 December 2012 El Panama Hotel, Panama City, Panama Click here for more information SAUDI TRANSTEC 2012 11-13 November 2012 Dhahran International Exhibitions Center, Dammam Kingdom of Saudi Arabia Click here for more information Transport Security Expo 2012 14-15 November 2012 Olympia, London UK Click here for more information Intermodal Europe 2012 27-29 November 2012 Amsterdam RAI Holland Click here for more information TOC Container Supply Chain Americas 2012 4-6 December 2012 El Panama Hotel, Panama City Panama Click here for more information TOC Container Supply Chain: Asia 12-14 March 2013 Hong Kong Convention and Exhibition Centre (HKCEC) Hong Kong Click here for more information Cool Logistics Africa 16-18 April 2013 Vineyard Hotel & Spa | Cape Town South Africa Click here for more information CargonewsXpress - Edition 1396 If this newsletter is not properly displayed, please click here. ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1396 Headlines Airports of Thailand dismisses president United Continental Q3 profit dives 99% Alaska Air Q3 profit more than doubles Copenhagen Airport to offload stake in Newcastle Airport JaxPort shows modest annual rise in throughput NOL back in black after 18 months in the red XPO buys freight brokerage firm for $50m Agility opens new warehouse in HK UPS expands healthcare network with three new facilities Boeing posts better-than-expected profit Singapore Airlines in $7.5b Airbus deal Delta Air profit jumps 91% on fuel hedge gain Extraordinary gain lifts US Airways profit US, Australia airline unions form alliance Korean Air back in the black Garuda nine months income up 52% DP World's lone bid not a hindrance, says ministry Lifting of China cabotage law 'to benefit ports, lines' ZIM to enhance Atlantic service FedEx to set up newcargo hub at Pudong Dachser ties up Wuhu Continental contract Norfolk Southern Q3 profit down 27% CP Rail quarterly profit up 20% Globe Express Services names CEO Contents Airports of Thailand dismisses president Airports of Thailand has approved the termination of the employment contact with Anirut Thanomkulbutra, its president, effective from November 27, reported Dow Jones Newswires. The company didn't elaborate on the reason for the dismissal. United Continental Q3 profit dives 99% United Continental's third-quarter profit plummeted 99 percent as the airline saw substantial labour agreement and integration costs wipe away much of its quarterly profit, reported Dow Jones Newswires. Alaska Air Q3 profit more than doubles Alaska Air's third-quarter profit more than doubled as the parent company of Alaska Airlines and Horizon Air saw strong revenue growth, while expenses fell, reported Dow Jones Newswires. Copenhagen Airport to offload stake in Newcastle Airport Danish airports operator Koebenhavns Lufthavne or Copenhagen Airports, is set to offload its stake in Newcastle Airport within the next few days in a deal valuing the whole company in excess of US$519 million, a person familiar with the situation said, JaxPort shows modest annual rise in throughput The Jacksonville Port Authority's quest to attract more cargo slowed somewhat the past year, but it still set another Jacksonville record for moving those box-shaped metal containers across the docks, reported The Florida Times-Union. NOL back in black after 18 months in the red Singapore's container shipping company Neptune Orient Lines (NOL) has returned to profitability after 18 months of losses – and has confirmed the sale of its Alexandra Road headquarters for US$311 million. XPO buys freight brokerage firm for $50m XPO Logistics Inc confirmed it has acquired the freight brokerage division of Ozburn-Hessey Logistics, a logistics company owned by private equity firm Welsh Carson, for US$50 million in cash, reported Reuters. Agility opens new warehouse in HK Focused on delivering a comprehensive range of advanced logistics services, Agility, a global logistics provider, has opened a new 13,000 sq m warehouse in Hong Kong. UPS expands healthcare network with three new facilities UPS announced a significant expansion of its global healthcare distribution facility network in the Asia Pacific region with the opening of three new state-of-the-art facilities in Hangzhou and Shanghai in China, and Sydney, Australia, reported Business Boeing posts better-than-expected profit Boeing reported third-quarter profits that were better than analysts had expected because of sharp increases in aircraft deliveries, reported the New York Times. Singapore Airlines in $7.5b Airbus deal Singapore Airlines will order five Airbus A380 aircraft and 20 more A350 planes in a deal valued at US$7.5 billion, looking beyond a business slowdown that has led the carrier to stop hiring cadet pilots for now, reported Reuters. Delta Air profit jumps 91% on fuel hedge gain Delta Air Lines's third-quarter earnings rose 91 percent as the airline benefited from a mark-to-market gain on its fuel hedges, reported Dow Jones Newswires. Extraordinary gain lifts US Airways profit US Airways' third-quarter earnings soared as the nation's fifth-largest carrier by traffic benefited from a US$69 million gain related to a slot transaction with Delta Air Lines and improved revenue, reported Dow Jones Newswires. US, Australia airline unions form alliance Two unions that represent airline and transit workers in the United States and Australia have formed an alliance in a bid to coordinate activities globally, reported Reuters. Korean Air back in the black Korean Air Lines swung to a net profit in the third quarter as robust passenger demand on international routes offset high oil prices and sluggish demand in the cargo business, reported Dow Jones Newswires. Garuda nine months income up 52% Garuda Indonesia's net income for the January-September period rose 52 percent from a year earlier, as increases in passenger and cargo numbers helped the flag carrier recover from a first-half net loss, reported Dow Jones Newswires. DP World's lone bid not a hindrance, says ministry Receiving a lone price quotation for the new container loading facility at Jawaharlal Nehru port (JN port) will not be a hindrance to its approval, the shipping ministry has decided. Lifting of China cabotage law 'to benefit ports, lines' Key mainland ports such as Shanghai could boost container volumes and revenues if they are allowed to let foreign carriers tranship international cargo at Chinese hub ports, according to a senior maritime executive. ZIM to enhance Atlantic service ZIM's ZCA service will add the port of Ashdod to its route starting in November, offering connectivity to customers in the central and southern part of the country. FedEx to set up new cargo hub at Pudong FedEx Express has signed an agreement with the Shanghai Airport (Group) to establish a new international express and cargo hub in China at a cost of more than US$100 million. Dachser ties up Wuhu Continental contract Dachser has secured a contract with international automotive parts manufacturer Continental to provide a comprehensive range of logistics services for the company's manufacturing plant in Wuhu, Anhui Province. Norfolk Southern Q3 profit down 27% Norfolk Southern's third-quarter profit fell 27 percent as the railroad reported lower revenue from its two biggest segments, reported Dow Jones Newswires. CP Rail quarterly profit up 20% Canadian Pacific Railway's quarterly profit jumped 20 percent as efficiency improved and freight revenue rose in its first full quarter under a new chief executive who has vowed to shake up Canada's second-largest rail operator, reported Reuters. Globe Express Services names CEO Globe Express Services (Overseas Group), a logistics provider, has appointed Michael Hughes as president, chief executive officer, and a member of the Board of Directors, effective December 1.   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. Tel: 852-3965 7800 Fax: 852-2508 0255 Contact Editorial: cnaedit@cargonewsasia.com.hk Advertising: octang@cargonewsasia.com.hk Other enquiry: customer@cargonewsasia.com.hk You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here. If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form. This news service is designed for optimal viewing with MS Outlook. Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved. Wednesday, October 24, 2012 CargonewsXpress - Edition 1395 If this newsletter is not properly displayed, please click here. ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1395 Headlines Cargo airlines losing out to ocean carriers Boeing steps up 777 production Trucking business boosts C H Robinson Q3 profit Virgin Atlantic doubles India cargo capacity Air China abandons placement plan Global Ports takes control of Russian terminal PSA bows out of Mumbai port project Guangzhou box throughput up 4.5% in nine months Hutchison Ports close to Brisbane start-up Yamato to start overnight service to Asia TNT in talks with two bidders for airline unit FedEx to add 20,000 workers for holiday season Aramex third quarter profit up 11% UPS Q3 profit plunges 56% Contents Cargo airlines losing out to ocean carriers Airlines have permanently lost out to ocean container lines as box carriers grab an increasing share of the freight that was previously moved by air, according to logistics and cargo executives, reported the South China Morning Post. Boeing steps up 777 production Boeing Co began building its 777 airplane at a stepped-up rate at its Everett, Washington, plant, reported Dow Jones Newswires. The aircraft, a 777 freighter, is expected to be delivered to Korean Air Lines in February. Trucking business boosts C H Robinson Q3 profit Logistics company C H Robinson Worldwide Inc's third-quarter earnings rose 1.7 percent as sales in its key trucking segment improved, as did those in its sourcing and payment services divisions, reported Dow Jones Newswires. Virgin Atlantic doubles India cargo capacity Virgin Atlantic Cargo begins daily passenger and cargo flights between London Heathrow and Mumbai next week, giving exporters and importers in India another choice for fast, same day trade connections with the US. Air China abandons placement plan Air China has terminated a plan to raise funds in a private placement with its state-owned parent, China National Aviation Holding, reported Dow Jones Newswires. Global Ports takes control of Russian terminal Russian ports operator Global Ports said it is taking full control of a container terminal based in Russia's Far East, increasing its stake from 75 percent to 100 percent for US$230 million, reported Reuters. PSA bows out of Mumbai port project Temasek-owned PSA International's grand plans for a fifth container terminal in India has ground to a halt. The port operator told Business Times Singapore it will bow out of a much-delayed US$1. Guangzhou box throughput up 4.5% in nine months Guangzhou Port saw its cargo throughput rise 2.1 percent year-on-year to 323.17 million tonnes in the first nine months of this year, while its container throughput climbed 4.5 percent to 10.81 million TEUs, reported China Business Newswire. Hutchison Ports close to Brisbane start-up Global operator Hutchison Ports Holdings says it is on track to commence operations in Australia by the end of the year as the US$258 million development of its Brisbane port facility starts to take shape, reported The Australian. Yamato to start overnight service to Asia Yamato Holdings will launch an international overnight delivery service between Japan and other Asian countries on November 15, according to Nikkei Report. TNT in talks with two bidders for airline unit Dutch package-delivery company TNT Express NV is in talks with at least two bidders to sell its airline unit as part of its effort to finalise a takeover by United Parcel Service Inc, reported The Wall Street Journal. FedEx to add 20,000 workers for holiday season FedEx Corp said it plans to hire 20,000 seasonal workers, the same as last year, to handle holiday shipping volume that it expects will be up more than 13 percent, reported Reuters. Aramex third quarter profit up 11% Logistics firm Aramex posted a 11-percent increase in quarterly profits, boosted by its Gulf Arab operations, and the Dubai firm said it was eyeing more acquisitions in Southern Africa region next year, reported Reuters. UPS Q3 profit plunges 56% United Parcel Service Inc (UPS) reported a 56 percent drop in third-quarter earnings despite a rise in package volume, as soft international trade and growing numbers of lightweight, low-priced shipments from online shopping crimped revenue.   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. Tel: 852-3965 7800 Fax: 852-2508 0255 Contact Editorial: cnaedit@cargonewsasia.com.hk Advertising: octang@cargonewsasia.com.hk Other enquiry: customer@cargonewsasia.com.hk You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here. If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form. This news service is designed for optimal viewing with MS Outlook. Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved. Monday, October 22, 2012 Europe's leading container transport and logistics event If you cannot see the images below you can open this email in your browser  Have you registered yet? The container transport and logistics industry's leading event Intermodal Europe will bring together over 5,000 container transport and logistics professionals from more than 100 different countries this year in Amsterdam. The benefits of registering as a visitor start well before the show opens – so make sure you don’t miss out and register for free today.  Your registration code is: INTWCN  New networking tool launched Benefits of registering as a visitor start long before the show All pre-registered visitors will be able to use the newly launched connect@intermodal – a tool that allows you to book meetings with exhibitors and add favourite conference sessions to your calendar. Register today to start using connect@intermodal and maximise your time at the show.  Latest Speakers Even more leading speakers join the conference line-up Marcel Merkx Director of Transportation & Logistics AMM Europe Alcoa Torsten Meyer Sales Director and Proxy Holder EUROGATE   Thorsten Neumann Chairman, Head of Cargo Security TAPA-EMEA, Nokia Rüdiger Beckmann Sales Director JadeWeserPort Logistics Zone See the full Speaker List here See the Conference programme here  Even more chances to network! Networking Reception, Tuesday 27 November 17:00 - 19:00 For the first time ever we will be inviting all attendees to join us at the free-to-attend networking reception. It will be the perfect place to network and do business in a relaxed environment.  Register as a visitor here  Latest Exhibitor News A host of new products will be on show:  GreenCat launch the ATX - the first modular telematics solution on the market with a completely open platform. This means that a wide variety of Android apps can be installed alongside the advanced GreenCat software. See GreenCat on stand J38.  John Evans will launch several new products at Intermodal Europe including the DepotDat - A web application which allows depot clients to check the status of their containers live online, as well as view estimates and photographs. See John Evans on Stands J10 & J8.  Klinge have launched a new explosion-proof Group II, Category 2 Explosion-Proof Refrigerated Container. Find out more on Stand F36 See the full Exhibitor List here Best regards, The Intermodal Europe 2012 Team Tel: +44(0)20 3377 3384 Email: peter.orford@informa.com Web: www.intermodal-events.com  p.s don’t forget to follow Intermodal Europe on: Registration code INTWCN Sponsor Publication: Quick links: Exhibitor List Conference Homepage Book your hotel Venue Sponsored by: Organised by: Powered by Blogger.