Wednesday, July 31, 2013

CargonewsXpress - Edition 1494





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- Edition: 1494


Headlines

EADS posts $1b profit, changes name to Airbus

ANA in red as fuel costs soar

Profit up at UK airports owner MAG

Air France may cut 3,000 more jobs

Brazil's TAM to fire hundreds of pilots

DP World first half volumes down 5.7%

Laem Chabang plans to set up subsidiary abroad

Kandla port to invest $980m in new container terminal

Weak US, EU demandhits Hutch Port profit

Shreyas Shipping to start two new coastal services

DHL adds new facility at Auckland Airport

XPO Logistics posts 151% jump in Q2 revenue

JAXPORT to keep competitive edge, pledges new boss

EU set to approve American US Air deal

Etihad gets green light for Jet Air stake

Growing AAT volumes keep terminal busy

Schiphol cargo posts flat growth


GPA cargo records keep on tumbling

Japanese carriers limp back into the black




Contents

EADS posts $1b profit, changes name to Airbus
The parent company of European jet maker Airbus saw its profit soar in the first half and it has announced a corporate shake-up to give new prominence to its civil aviation division, reported Associated Press Newswires.



ANA in red as fuel costs soar
The bottom line of All Nippon Airways' parent company fell deep into the red in the fiscal first quarter, hit by higher fuel costs as a result of a weaker yen, while the prolonged grounding of the 787 Dreamliner also took a toll.



Profit up at UK airports owner MAG
Manchester Airports Group (MAG) posted a 12 percent increase in full-year profit, boosted by an increase in passenger numbers and higher commercial revenue, reported Reuters.





Air France may cut 3,000 more jobs
Air France could cut up to 3,000 more jobs as part of parent group Air France-KLM's latest cost reduction plans, a union said, as Europe's weak economy thwarts the carrier's turnaround efforts, reported Reuters.



Brazil's TAM to fire hundreds of pilots
Brazilian airline TAM plans to cut the jobs of fewer than a thousand pilots, co-pilots and flight attendants as part of a cost-cutting programme, reported Reuters.



DP World first half volumes down 5.7%
Dubai's DP World, the world's third biggest port operator, reported a 5.7 percent decline in consolidated container volumes in the first half of the year, as volumes dropped in Asia, Europe and the Middle East, reported Reuters.



Laem Chabang plans to set up subsidiary abroad
Laem Chabang Port is considering options to set up a subsidiary for overseas investment to increase its revenue, reported the Bangkok Post.



Kandla port to invest $980m in new container terminal
Kandla port in Gujarat plans to set up a container terminal at a cost of about US$980 million, reported The Hindu.



Weak US, EU demand
hits Hutch Port profit

Hutchison Port Holdings (HPH) Trust reported a 26 percent drop in net profit to around US$54 million for the second quarter of this year, compared to the corresponding quarter of last year, due to weak trade demand from the US and the European Union.



Shreyas Shipping to start two new coastal services
Shreyas Shipping and Logistics will start two new coastal container services linking, for the first time, all major ports on the East and West coasts — from Mundra (Gujarat) to Kolkata — from August 15, reported The Hindu.



DHL adds new facility at Auckland Airport
DHL Supply Chain New Zealand, a division of the logistics giant, is set to locate a third facility at the Auckland Airport business district, reported Fuseworks Media.



XPO Logistics posts 151% jump in Q2 revenue
XPO Logistics posted revenue of $137.1 million for the second quarter, a 151.4 percent increase from the same period in 2012, reported Reuters. Gross margin dollars increased 128.4 percent year-over-year to $19.



JAXPORT to keep competitive edge, pledges new boss
Jacksonville Port Authority's new chief executive officer Brian Taylor met with local media today for the first time yesterday saying he was anxious to get started.



EU set to approve American US Air deal
AMR Corp's American Airlines and US Airways will win EU approval for their US$11 billion merger to become the world's largest carrier after agreeing to cede slots on a transatlantic route.



Etihad gets green light for Jet Air stake
Shares in Jet Airways (India) surged 6.81 percent in pre-open trading today after the airline received conditional approval from India's foreign investment regulator to sell a US$379 million stake to Etihad Airways.



Growing AAT volumes keep terminal busy
Asia Airfreight Terminal saw throughput rise 11 percent in June with 63,114 tonnes being handled by the Hong Kong facility on the back of strong imports and transshipment.



Schiphol cargo posts flat growth
Amsterdam Airport Schiphol continued its marginal cargo growth through the first half of 2013, handling 736,608 tonnes that was 1.02 percent better than 1H 2012. Total exports for the half-year rose to 362,124 tonnes, which was a 49.



GPA cargo records keep on tumbling
The Georgia Ports Authority handled record volumes for fiscal year 2013 in total tonnage, bulk cargo, total auto-machinery units and freight moved by intermodal rail. In the year ending June 30, the GPA moved a record-setting 27.



Japanese carriers limp back into the black
Mitsui OSK Lines likely swung to a pretax profit in the April-June quarter, while fellow shipping giant NYK is expected to report a roughly twofold profit gain.



 

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Tuesday, July 30, 2013

Fuel Surcharge Amendment July 29, 2013

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DHL Global Forwarding
Fuel Surcharges
Service
Currency
Current Minimum
New Minimum
Current Rate
New Rate
Effective Date
USA International Air Freight including to Canada
USD
5.00
5.00
1.10kg
1.05/kg
29-May-13
USA and Canada  to Australia
USD
5.00
5.00
1.25kg
1.20/kg
18-Jun-13
USA to Israel Airfreight
USD
N/A
N/A
0.96/kg
0.91/kg
03-Jul-12
USA to Central America, Mexico and Caribbean
Air Freight
USD
5.00
5.00
1.00/kg
0.95/kg
29-May-13
USA to South America
Airfreight
USD
5.00
5.00
1.40/kg
1.30/kg
18-Jun-13
Canada International Airfreight including to USA
CAD
5.00
5.00
1.10/kg
1.05/kg
29-May-13
Canada to Central America, Mexico and Caribbean Airfreight
CAD
5.00
5.00
1.00/kg
0.95/kg
29-May-13
Canada to South America
Airfreight
CAD
5.00
5.00
1.40/kg
1.30/kg
18-Jun-13
Canada to USA Trucking / FTL
CAD
6.00
6.00
44.1%
45.7%
1-Aug-13
Canada to USA Trucking LTL
CAD
6.00
6.00
23.5%
24.4%
1-Aug-13
Canada to USA Transborder DDG
CAD
6.00
6.00
29.0%
30.0%
1-Aug-13
Canada Domestic  Airfreight
CAD
10.00
10.00
1.10/kg
1.10/kg
1-Aug-13
Canada Domestic Trucking / FTL
CAD
6.00
6.00
34.8%
37.1%
1-Aug-13
Canada Domestic Trucking / LTL
CAD
6.00
6.00
19.8%
20.8%
1-Aug-13
USA to Canada Trucking / FTL
USD
6.00
6.00
44.1%
45.7%
1-Aug-13
USA to Canada Trucking LTL
USD
6.00
6.00
23.5%
24.4%
1-Aug-13
USA to Canada Transborder DDG
CAD
6.00
6.00
29.0%
30.0%
1-Aug-13
USA Domestic Air Services
USD
6.00
6.00
0.46/lb
0.44/kg
1-Jul-13
USA Domestic Surface Services (LTL)
USD
6.00
6.00
35.5%
31.5%
17-Jun-13
USA Domestic FTL (EUV Long Haul) USD N/A N/A 0.58/mile 0.61/mile 15-Feb-13
USA Trucking /FCL Ocean Freight USD 12.00 12.00 32% 32% July  1st 2013
USA  Trucking / LCL Ocean Freight USD 12.00 12.00 32% 32% July 1st 2013
The new prices appear in blue.


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Monday, July 29, 2013

CargonewsXpress - Edition 1493





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- Edition: 1493


Headlines

Dubai flies in face of global cargo downturn

SIA seeks deals in India

FAA proposes $2.75m fine against Boeing

Air France-KLM mull CityJet sale

Etihad, Serbia's JAT to sign partnership deal

Vizag to get three more container freight stations

Baltic index jump raises prospects for shipping sector

World's biggest ship calls at PTP

11 show interest in terminal at Ennore Port

TNT Express swings to loss in Q2

Norfolk Southern profit down on weak coal demand





Contents

Dubai flies in face of global cargo downturn
Air cargo volume handled by Dubai International airport in the first half grew at 10 percent year-on-year as the UAE continued to buck the global downward trend in freight moving by air.



SIA seeks deals in India
Singapore Airlines (SIA) chairman Stephen Lee said the firm is "looking actively" for opportunities in India following the recent relaxation of rules on foreign carriers owning local airlines.



FAA proposes $2.75m fine against Boeing
The US Federal Aviation Administration has proposed a US$2.





Air France-KLM mull CityJet sale
Air France-KLM is in talks with German turnaround specialist Intro Aviation to sell its CityJet regional airline, a partner of the German company said.



Etihad, Serbia's JAT to sign partnership deal
The United Arab Emirates' Etihad Airways will a sign a strategic partnership deal with loss-making Serbian flag carrier JAT Airways on August 1, a Serbian government source said, reported Reuters.



Vizag to get three more container freight stations
Three new container freight stations (CFS) are expected to be set up in Visakhapatnam Port City around the end of the year, reported the Times of India.



Baltic index jump raises prospects for shipping sector
Prospects may be brightening for shippers after yet another ghastly quarter, reported the Straits Times.



World's biggest ship calls at PTP
Maersk Mc-Kinney Moller, the world's largest container ship and first energy-efficient Triple-E vessel of Maersk Line, made its maiden stop at the transhipment hub in Port of Tanjung Pelepas (PTP) yesterday, reported Business Times Malaysia.



11 show interest in terminal at Ennore Port
Eleven companies, including four foreign firms, have submitted their Requests for Qualification (RFQ) proposals for developing the US$213.91 million container terminal at Ennore Port, reported The Hindu.



TNT Express swings to loss in Q2
Dutch express company TNT Express reported a net loss for the second quarter, following goodwill impairments and a decline in revenues, and said trading conditions would remain challenging for the remainder of this year due to the sluggish economy in



Norfolk Southern profit down on weak coal demand
Norfolk Southern Corp's second-quarter profit slid 11 percent due to higher railway operating expenses and as weak demand for coal dragged on the company's top line, reported Dow Jones Newswires.



 

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Maersk Line - News

Maersk Line - News

Link to Maersk Line News

First Triple-E vessel calls at Shanghai, China

Posted:

Maersk Line's first Triple-E vessel "Maersk Mc-Kinney Moller" made its maiden call at Shanghai Yangshan port on 19 July.

Friday, July 26, 2013

CargonewsXpress - Edition 1492





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- Edition: 1492


Headlines

SATS first quarter profit up 11.9%

Garuda to spin off cargo division

Lower costs lift United Continental profit

Air France-KLM belt-tightening pays off

Virgin stake sale lifts Singapore Airlines net

Air India gets $500m loan to buy Dreamliners

Brazil's Embraer posts surprise net loss on higher taxes

Belawan throughput up in first half

Panalpina improves profitability in Q2

Dallas/Fort Worth names new CEO

Saudia cargo traffic up 4% in first half

Boeing Q2 profit up 13% as Dreamliner deliveries soar

Delta, US Airways post profit as fuel costs decline

Emirates, Air France-KLM to bolster DWC cargo traffic

CP Rail Q2 earnings more than double





Contents

SATS first quarter profit up 11.9%
A group level cost savings drive and higher contributions from associates and joint ventures boosted SATS's first-quarter net profit by 11.9 per cent to US$37.93 million, reported Business Times Singapore. Excluding a $1.



Garuda to spin off cargo division
National flag carrier Garuda Indonesia plans to make its cargo division an independent entity next year so it can expand its cargo business with more flexibility, reported The Jakarta Post.



Lower costs lift United Continental profit
United Continental posted a higher-than-expected quarterly profit as costs at the airline fell and it raised air fares, reported Reuters. The world's biggest air carrier said second-quarter revenue rose 0.





Air France-KLM belt-tightening pays off
Franco-Dutch airline Air France-KLM said its Transform 2015 efficiency plan is starting to pull the company out of the red, but said it needs to take new, tough measures to deal with its unprofitable medium-haul and cargo operations, reported Dow Jones



Virgin stake sale lifts
Singapore Airlines net

Singapore Airlines posted a 56 percent rise in fiscal first quarter net profit, lifted by gains from the sale of its stake in Virgin Atlantic Airways.



Air India gets $500m loan to buy Dreamliners
To finance purchase of five Boeing Dreamliners, Air India has secured a bridge loan of $500 million from Deutsche Bank and UK's Investec Bank, reported The Hindu.



Brazil's Embraer posts surprise net loss on higher taxes
Brazilian planemaker Embraer posted an unexpected quarterly loss, as a stronger dollar helped its operating profit but drove up its tax bill, reported Reuters. The world's third-largest commercial planemaker said it had a net loss of US$5.



Belawan throughput up in first half
Busy trade activities in Belawan's container terminal has helped the North Sumatra port record almost 15 percent growth in traffic during the first half of this year, according to state-run port company Pelindo I, reported The Jakarta Post.



Panalpina improves profitability in Q2
The Panalpina Group's profit increased by 44 percent year-on-year to US$25.83 million in the second quarter of 2013, reported Tensid.



Dallas/Fort Worth names new CEO

Dallas/Fort Worth International Airport has named Sean Donohue as the next chief executive officer.



Saudia cargo traffic up 4% in first half
Saudi Airlines Cargo saw a four percent growth in cargo tonnage in the first half despite a sluggish market.



Boeing Q2 profit up 13% as Dreamliner deliveries soar
Boeing Co reported strong earnings growth for the latest quarter and signaled it may increase production of its smallest commercial jets to meet demand, but it warned that it is bracing for "draconian" cuts to Pentagon spending that could squeeze the



Delta, US Airways post profit as fuel costs decline
Delta Air Lines and US Airways reported higher-than-expected quarterly profits as fuel costs decreased, and both airlines said demand was improving after weakness earlier this year, reported Reuters.



Emirates, Air France-KLM to bolster DWC cargo traffic
The introduction of daily flights by Emirates SkyCargo and Air France-KLM over the next 12 months is expected to contribute to the continuing growth at Dubai World Central Al Maktoum International.



CP Rail Q2 earnings more than double
Canadian Pacific Railway more than doubled its profit in the second quarter and posted record revenue, despite network interruptions such as major flooding in Alberta.



 

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Market Briefing from WorldCargo News Online

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Market Briefing

TCB claims new handling record
Terminal de Contenidors de Barcelona has claimed a new record handling a 13,000 TEU vessel, CMA CGM EFINGHAM, of 135 moves/ship hour...
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DFDS takes Karlshamn Express
Denmark-based DFDS has also acquired the remaining 50% of the share capital of the associated company Karlshamn Express Baltic SIA...
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Barcelona steady during 1H/2013
In the first semester cargo terminals of the Port of Barcelona handled over 21 Mt, a figure that is virtually the same as in the first half of last year...
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Ust Luga Teams up
National Container Company's Ust Luga Container Terminal has handled its first feeder call from Team Lines...
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Liverpool boost from CMA CGM
CMA CGM is now offering twice-weekly calls in Liverpool from Le Havre...
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Rotterdam slightly down in 1H/2013
Throughput in the port of Rotterdam in the first half of the year decreased by 0.9% compared to the first half of 2012...
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Reefer tracking for Sea Star
US-based Mark-It Services has announced it is now supplying Sea Star Lines with cellular-based reefer monitoring devices through a new subsidiary company, WAM Technologies LLC....
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CentrePort hit by earthquake
CentrePort Wellington has suffered some damage in an series of earthquakes that struck the central region of New Zealand over the weekend....
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    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.
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