Indonesia's logistics industry to grow at 15.2%

Frost & Sullivan is expecting the transportation & logistics market to grow with expected CAGR 15.2 per cent in 2015. Gopal R, global vice president, transportation and logistics practice at Frost & Sullivan said that the industry is set to record strong...

Next Generation Of Automated Container Handling Inaugurated In Surabaya, IndonesiaLamong Bay Terminal

On the morning of Friday, May 22nd, the Lamong Bay Terminal in Surabaya, East Java, Indonesia, was inaugurated by the President of Indonesia and a group of distinguished officials. It was an historic moment for Indonesia, an important milestone in the country’s transport...

Alitalia to end deal with Air France-KLM in 2017

Italy's Alitalia announced it will not renew its partnership and joint venture agreements with Air France-KLM when the deal expires in 2017. The partnership, writes Radiocor press agency, concerns the passenger services of the airlines between France, Italy and the...

Qatar Airways starts A350 service to Changi, Singapore

Qatar Airways became the first airline to operate the world’s newest aircraft to Singapore and the Asia Pacific region on Monday with the inaugural A350 XWB service arriving at Singapore's Changi Airport. Qatar Airways, as the global launch customer for the A350 XWB,...

Vietnam's Logistics Sector Faces Serious Labour Shortages

Thousands of logistics entrepreneurs are struggling with a serious shortage of employees since a rapid increase of services demands, says the Viet Nam Logistics Institute (VNLI) in an article by the VietNamNet Bridge. There are roughly around 300,000 entrepreneurs...

Alibaba Invests in Chinese Logistics Company YTO Express

Alibaba has made a strategic investment in Chinese logistics company YTO Express to help both businesses improve logistics efficiency for their customers. Alibaba Group takes a minority stake in Shanghai YTO Express (Logistics). Both companies will cooperate in developing...

Boeing, TUI Group Finalize Order for 787-9 Dreamliner

Boeing (NYSE: BA) and TUI Group, one of the world's largest integrated leisure travel companies, have finalized an order for one 787-9 Dreamliner with an option for one further 787-9. The order is valued at $257 millionat current list prices. TUI Group also announced...

APL Logistics Opens New Container Freight Station in Jakarta

APL Logistics announced the opening of a new container freight station (CFS) at the Tungya Collins Terminal in Cakung, North Jakarta. The new CFS extends APL Logistics’ footprint in Indonesia where it offers export consolidation and warehousing services. It also...

Maersk Completing Order of 10 Container Megaships

Maersk Line, the world’s biggest container-shipping operator by capacity, is completing an order of 10 container megaships from Korea’s Daewoo Shipbuilding & Marine Engineering Co. worth more than $1.5 billion, two people directly involved with the matter said. It...

CMA-CGM takes India logistics stake

The CMA CGM Group, one of the world's leading global containers shipping companies, is pleased to announce that it has taken a strategic stake in the 25-years old company LCL Logistix, one of India's logistics leaders, via the Group's subsidiary specialized in freight...

More cargo red ink for Air France KLM

The Air France KLM Group reported cargo revenue of €625 million for Q1 ending March 31, 2015 – a drop of 7.5 percent over the same period last year. As a result, the business segment saw its operating result worsen from minus €34 million to minus €63 million compared...

Hamburg Süd expects “higher result” in 2015

Hamburg Süd reports a "modest 2.3 percent" increase in volume to 3.375 million TEU in 2014. The ocean carrier says it achieved a "positive, albeit less than satisfactory result" from liner services despite difficult market conditions. Capital expenditure was...

QATAR AIRWAYS set to expand its USA NETWORK with the addition of three new routes

Qatar Airways announces the next phase of its USA route development with the introduction of three new passenger routes to Los Angeles, Boston and Atlanta. With these new destinations, Qatar Airways will offer daily nonstop services to all 10 of the largest metropolitan...