Box traffic at Malaysia ports up 10% in Q2 Malaysian ports handled 10 per cent more containers in the second quarter of the year compared to the first, reflecting a recovery in both domestic and transhipment cargo, reported Malaysia's Business Times yesterday.
Gefco to open new depot in Brazil in 2010 Gefco Brazil, the Brazilian subsidiary of the French logistics group Gefco, is set to open a new depot in north-eastern São Paulo (Brazil) in January 2010. Located in Garulhos...
Ryder reports revenues down 25% The US-based transport and logistics provider Ryder System Inc has reported that total revenue for Q2/2009 was USD 1.24 billion, down 25% compared with USD 1.66 billion for th...
Tapa establishes task force to combat freight crime in China The Transported Asset Protection Association (Tapa), a security organisation founded in the USA in 1997, announced the formation of a new anti-cargo crime taskforce for China (Cacc...
Cargoitalia postpones start Cargoitalia, a new Italian all-cargo airline, has finally received its Air Operator's Certificate (AOC) after a thorough inspection by the Italian civil aviation authority. The ent...
Cargolux Italia operational Italy's youngest cargo carrier, Cargolux Italia, has recently started operations. Its B747-400F flies the rotation Luxembourg'Milan Malpensa'Dubai'Hong Kong'Baku'Milan Malpensa'Lux...
CMA CGM, Hapag Lloyd, Hamburg Sud to combine services CMA CGM, Hapag-Lloyd and Hamburg Sud will combine two of their liner services into a new direct sailing between the east coast of South America and Northern Europe in August. The j...
DryShips hikes charter cover DRYSHIPS' second-quarter profits fell by 63%, but the company has significantly cut its exposure to future market weakness with heavy time-charter coverage
Finnlines stops 'burning money' FINLAND's Finnlines told Fairplay today that the company suffered a hefty loss for 2009's first half, but improvements are around the corner
Former Zim Asia chief on trial ALLEGATIONS of bad faith and breach of contractual duties are today being heard in the High Court of Singapore
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