Freight forwarders and logisticscompanies in the United Arab Emiratesare fretting over high costs of installingmandatory security equipment anddeclining profit margins due to escalatingexpenses. Governments across theworld are introducing new securityregulations to make movement of seaand air cargo safer. Airlines, shipping lines and logisticscompanies are being told to acquire advancedequipment like x-ray machinesand surveillance cameras to ensure thatterrorists do not use global … [Read more...] about Forwarders complain about security costs
SPI acquires customs agency
Swiss Post International (SPI) hastaken over Basel-based customs agency,FM Verzollungs AG. The company already works for SwissPost GLS and handles import and exportcustoms clearance on its behalf. SPI said in a statement that the acquisitionwill strengthen its positionas a leading provider of import andexport services. At the same time, SPIis expanding its capacity to tackle thenew tasks that will arise out of the newCustoms Ordinance. The Ordinance isscheduled to take effect in May … [Read more...] about SPI acquires customs agency
Aramex opens Toronto office
Leading logistics and transportationprovider, Aramex has boosted its operationsin Canada with the opening ofan office in the country's business andcommercial heartland, Toronto. Situated on the city's internationalairport, the Toronto operation will beoffering a full range of air and oceanservices. The expansion of Aramex'Canadian services, which already operatein Montreal, follows the company'sglobal expansion plan which seeks toestablish additional presence in keymarkets around the … [Read more...] about Aramex opens Toronto office
Kerry, Citic in Macau logistics project
Kerry Logistics and Citic Pacific'strading arm Dah Chong Hong havebeen invited by the Macau governmentto participate in the building andoperating of the former Portugueseenclave's largest logistics centre, accordingto a South China Morning Postreport. The report cited an unnamed sourceas saying that the facility, to be built onreclaimed land near the city's airportand designed mainly for the logisticsinvolved in replenishing Macau's hotelsand casinos, was scheduled to becompleted in … [Read more...] about Kerry, Citic in Macau logistics project
CEVA awarded contract with GM
CEVA Logistics has expanded its activitieswith General Motors outside theUS with a new contract with GeneralMotors (Thailand). This is the first logistics contractbetween CEVA and GM in Thailand. 'General Motors is the biggest automotivecompany in the world, and theiroperation in Thailand is extensive,'commented CEVA's business development director Matthew Stimpson. 'The new contract will further strengthen our global relationship with GM, which includes significant operations in the US, … [Read more...] about CEVA awarded contract with GM
EMA’s 2006 freight up by 4.7%
East Midlands Airport (EMA) hasreported that its total freight includingtransit cargo was 300,291 tonnes in2006, up 4.7 percent year-on-year - thefirst time ever that EMA's throughputhas exceeded 300,000 tonnes in a year.Bill Blanchard, cargo developmentmanager of East Midlands Airport,Nottingham, said it was also anotherexceptional year for cargo charters withnearly 500 ad-hoc movements including164 by AN-124 and the second visitto EMA of the AN-225. In terms of pure freight, EMA saidit … [Read more...] about EMA’s 2006 freight up by 4.7%