Ryanair excluded from Stansted airport sale
Ryanair said it would not be taking part in the sale of London's Stansted airport after the airport's owner, BAA, excluded the budget airline from the process, reported Reuters.
Shenzhen port operators
diversify amid slowdown
Faced with stagnant growth, port operators in Shenzhen are investing in faster-growing ports in other parts of the country and diversifying their business.
NY port authority sued over fees
The New Jersey-based operator of the largest terminal in New York Harbour alleges the Port Authority of New York and New Jersey is charging millions of dollars in unlawful fees, and has filed a lawsuit seeking to strike them down, reported The Record.
Maersk stops Iran port calls due to sanctions
Danish shipping group A P Moller-Maersk said it has halted all Iran operations because of international sanctions over Iran's suspect nuclear programme, reported Associated Press Newswires.
APM starts expansion of Peru terminal
APM Terminals has started the construction of a US$307 million project to expand and modernise the terminal it operates in Peru's port of Callao, reported Dow Jones Newswires.
Australian port strike to cost $300m
West Australian port workers striking for a roster comprising four days work followed by six days off will cause more that US$300 million in delays and lost business by the end of the week, Fremantle Ports estimates.
Major cuts loom at FedEx express unit
FedEx Corp is targeting US$1.7 billion in "profitability improvement" over the next three years, primarily by cutting expenses at its US express air operation.
EU likely to complain against TNT takeover
UPS will be served with a formal European Union complaint as early as next week, outlining serious doubts about its proposed US$6.7 billion takeover of Dutch rival TNT Express, the Financial Times reported.
Copenhagen Airports names new CFO
Danish airport operator Copenhagen Airports has named Lars Jonstrup Dollerup as new chief financial officer, who will take up his new position with immediate effect, reported Dow Jones Newswires.
| | EU in secrecy spat with US over A350 funding papers
The European Union accused the United States of breaching confidentiality surrounding the filing of economically sensitive documents on the funding of the Airbus A350 in the latest twist to a long-running aircraft subsidy dispute, reported Reuters.
Canberra ticks Qantas-Emirates tie-up
Qantas and Emirates have received the unequivocal backing of the federal government for their proposed alliance, with the Department of Transport saying the deal was consistent with its aviation policy and would benefit consumers and enhance competition,
Air France-KLM, Etihad, AirBerlin form partnerships
Air France-KLM, Etihad Airways and airberlin are forging new commercial partnerships that will expand their networks by adding new destinations to their existing routes, reported Dow Jones Newswires.
CEO of ailing SA Airways quits
The chief executive of South African Airways has resigned, government officials said, as the state-backed airline struggles to stay afloat, reported Dow Jones Newswires.
Qatar Airways to join Oneworld
Qatar Airways is to join the Oneworld global marketing alliance in a move that will likely trigger further changes in the ties between other airlines and the way they transport passengers on intercontinental routes, reported Dow Jones Newswires.
LaHood pledges US support to air cargo
A healthy air cargo industry is essential in helping the US government achieve its goal of doubling US exports by 2015, Ray LaHood, US Secretary of Transportation said, in pledging US support for the industry at the 26th International Air Cargo Forum &
Port of Rotterdam to develop inland container terminal
The Port of Rotterdam is to receive a US$597,500 subsidy from the province of Gelderland for construction of a container terminal at the Medel industrial park in Tiel, Netherlands, reported SeeNews Shipping.
PSA starts work on Saudi port project
PSA International has started construction on its first port infrastructure project in Dammam, Saudi Arabia, reported Business Times Singapore.
Qingdao confident of double-digit growth
Qingdao port, the world's seventh-busiest by cargo volume in 2011, expects to see its cargo volume increase in double digits this year, reported China Daily.
DB Schenker opens new HQ at Heathrow
Schenker Ltd, the UK arm of the global services provider DB Schenker Logistics, has formally its new headquarters building at Heathrow.
Dimerco launches venture in India
Dimerco Express Group, the Taiwan logistics service provider, has launched an Indian joint venture called Dimerco Express (India).
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