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- Edition: 1435
Headlines
Contents Dubai World Central cargo volume up 144%
Dubai World Central airport handled 219,092 tonnes of air freight during its second full calendar year of operations, an increase of 144 per cent over 2011.
Singapore Airlines posts modest profit rise
Singapore Airlines reported a slightly weaker-than-expected six percent rise in third quarter net profit as earnings from the sale of aircraft and spares offset losses at its cargo unit, and it warned of tough conditions ahead, reported Reuters.
AMR,US Airways close to merger
American Airlines parent AMR Corp and US Airways Group are hashing out the last major details of a merger agreement that would create the world's largest airline, said people close to the discussions.
Air Canada swings to black in Q4
Air Canada swung to an overall profit in the fourth quarter as revenue climbed five percent, reported Dow Jones Newswires.
IATA sets priorities to make cargo more secure
The International Air Transport Association (IATA) has identified four priorities to make air cargo more secure and urged stakeholders to move forward on the implementation of the Secure Freight principles.
Asiana Airlines back in the black
Asiana Airlines, Korea's second largest air carrier, announced its 2012 sales have marked US$5.32 billion with operating profit reaching $163.88 million.
MOL to launch new China-Middle East Express service
MOL will launch a new China-Middle East Express, departing Ningbo on March 11.
2012 intermodal container volume at all-time high
Intermodal container volumes ended 2012 at a record high with 13.1 million moves, surpassing the previous year by 5.9 percent and the previous benchmark year of 2007 by 9.
ZIM to restructure services network
As part of its strategic programme aimed at better serving the market and cater for clients' needs, ZIM will restructure its network this month, introducing several enhancements.
| | Haier selects Savannah as southeast hub
Haier America has chosen Georgia as its logistics hub serving the southeast US.
Singapore to get $55m logistics centre
DB Schenker Logistics will build a new integrated logistics centre in Singapore.
GLP third quarter profit up 30.7%
Warehouse developer Global Logistic Properties' net profit rose 30.7 percent in its fiscal third quarter from a year earlier, on contributions from newly-built projects in China and asset-management fee incomes from Japan, reported Dow Jones Newswires.
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