DHL Global Forwarding launch LCL direct service Jakarta-Hamburg

DHL Global Forwarding, the air freight and sea freight company that belongs to Deutsche Post DHL, has announced the launch of Less than Container Load (LCL) between Jakarta (Indonesia) and Hamburg (Germany). Delivery service, which was launched on Sept 13, at least...

NYK liner trade slides 250pc to post annual loss of US$571 million

JAPAN's second biggest container line, NYK, has posted an annual loss of JPY44.7 billion (US$571 million)in the liner trade business, down 250 per cent against last year's profit of JPY30.2 billion for the fiscal year 2011, ending on March 31, 2012. NYK, the world's...

Cathay Pacific to stop import of SHARK FIN to Hong Kong

Cathay Pacific has bowed to pressure from environmental groups and banned shark fin from its cargo flights as well as on its subsidiary carrier Dragonair. The move by the airline - believed by environmentalists to fly up to 50 per cent of all shark fin imported by air...