Monday, December 3, 2012

CargonewsXpress - Edition 1412





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- Edition: 1412


Headlines

Singapore Airlines mayquit Virgin Atlantic

HK hub role at risk amid tighter US checks on cargo

Maldives gets stay order on canceling airport contract

Airbus parent weighs share buyback

Italian airport operator calls off IPO

New Priok to pick operator by end-January

STX Pan Ocean links Thailand, India, Sri Lanka

Marathon talks to end LA/Long Beach strike

Kerry to handle Daimler's China spares

FedEx to hike ground rates 4.9% in 2013

Deutsche Post expects record deliveries during Christmas season

DHL names new Philippines manager





Contents

Singapore Airlines may
quit Virgin Atlantic

Singapore Airlines could finally be exiting one of its largest – and least lucrative – investments with Delta Air Lines in talks to buy the Asian carrier's 49 percent stake in Virgin Atlantic Airways.



HK hub role at risk amid tighter US checks on cargo
Exporters face tougher security controls on air freight to the United States next week, which, together with similar measures taken by Europe next year, threaten Hong Kong's position as the world's busiest air cargo hub, reported the South China



Maldives gets stay order on canceling airport contract
India's GMR Infrastructure has obtained a stay order from a Singapore court on the Maldives government's decision to cancel its US$511 million airport development contract, an executive of the Indian company said.





Airbus parent weighs share buyback
Airbus parent European Aeronautic Defence & Space (EADS) is considering buying up a large portion of its own shares as part of a planned restructuring of the aerospace giant's shareholder base, people familiar with the plan said, reported The Wall



Italian airport operator calls off IPO
Italian airport operator SEA has cancelled plans to list its stock on the Milan exchange, after investors were scared off by a high proposed price range and bickering among SEA's main shareholders, reported Dow Jones Newswires.



New Priok to pick operator by end-January
PSA International, APM Terminals, Mitsui Group or any party which can "bring in big ships" to berth at Indonesia's deepwater container port, New Priok, will be named operator partner at the end of January.



STX Pan Ocean links Thailand, India, Sri Lanka
STX Pan Ocean is expanding its service from the existing India-China route and is launching a direct service from Thailand's Laem Chabang to India's Nhava Sheva port and Colombo in Sri Lanka, reported The Nation.



Marathon talks to end LA/Long Beach strike
A strike by clerical workers at the twin ports of Los Angeles and Long Beach idled most of the busiest US cargo shipping complex for a fifth day on Saturday as container-laden vessels waited to be unloaded and marathon contract talks stretched into the



Kerry to handle Daimler's China spares
Kerry Logistics has started construction of a new purpose-built 33,700 sq m automotive parts logistics facility in Kunshan for Daimler Northeast Asia Parts Trading and Services (DPTS), a fully owned subsidiary of Daimler in China.



FedEx to hike ground rates 4.9% in 2013
FedEx Corp, the No.



Deutsche Post expects record deliveries during Christmas season
Deutsche Post expects record deliveries of mail and parcels during the Christmas shopping season because of growing online bookings, Neue Osnabruecker Zeitung reported, citing the head of the DHL package division.



DHL names new Philippines manager
DHL Supply Chain, the global market leader for contract logistics solutions, has appointed Suzie Mitchell country manager for the Philippines.



 

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