Friday, February 15, 2013

CargonewsXpress - Edition 1436





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- Edition: 1436


Headlines

Korean Air mulls bid for 44% of Czech Airlines

Japan may support 787-hit airlines

US carriers tie the knot on Valentine's Day

12-day Kochi trailer strike ends

Shippers brace for rate hike

India's SCI posts $13.9m quarterly loss

From 'just-in-time' to 'just-in-case'

CEVA opens logistics excellence centre in Jacksonville





Contents

Korean Air mulls bid for 44% of Czech Airlines
Korean Air Lines is considering bidding for a 44 percent stake in Czech Airlines to acquire more routes into Eastern Europe, in its first attempt to invest in a passenger carrier, reported Dow Jones Newswires.



Japan may support 787-hit airlines
Japan's government may consider steps to support the operators of Boeing 787 Dreamliner jets following the global suspension of the aircraft last month, reported Dow Jones Newswires.



US carriers tie the knot on Valentine's Day
After sitting out the industry's last round of mega-mergers, airline giants AMR Corp, parent of American Airlines, and US Airways Group are finally tying the knot. The merger was made for Valentine's Day.





12-day Kochi trailer strike ends
The movement of goods to and from the Kochi port and the International Container Transhipment Terminal at Vallarpadam resumed yesterday evening with drivers and crew of container carrier lorries ending their 12-day strike following a negotiated two-year



Shippers brace for rate hike

Exporters shipping goods from Hong Kong and other Asian ports to Europe and the Middle East face higher freight charges next month as container shipping lines attempt to boost revenue and profit despite lacklustre demand, reported the South China Morning



India's SCI posts $13.9m quarterly loss
Shipping Corporation of India posted a net loss to the tune of US$13.9 million during the October-December quarter as against a net profit of $13.72 million a year ago, reported The Economic Times.



From 'just-in-time' to 'just-in-case'
Major storms like Hurricane Sandy and other unexpected events have prompted some companies to modify the popular just-in-time style of doing business, in which only small amounts of inventory are kept on hand, to fashion what is known as just-in-case



CEVA opens logistics excellence centre in Jacksonville
CEVA Logistics, a supply chain management company, has opened its first Centre of Logistics Excellence in Jacksonville, Florida.



 

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