RFID market to reach $7.07bn this year
Active RFID will account for more than a quarter of the total RFID market this year, a research by UK consultancy, IDTechEx, revealed. The RFID market is forecast to reach $7.07 billion this year, plus $0.44 billion if the market for cell phone RFID modules is included. The rapid growth of the RFID market is driven by, among other things, strong market demand for tracking, locating and monitoring assets and people; a reduction in the cost and size of the tags and systems; the development of … [Read more...] about RFID market to reach $7.07bn this year
CSA meeting approves ACT sale
An Extraordinary General Meeting of CSA Czech Airlines has given fi nal approval for the sale of the carrier’s subsidiary, Air Cargo Terminal (ACT), which operates facilities at Prague–Ruzyně Airport. CSA’s management will now conclude the contract for the 100 percent sale of ACT to Central European Handling which submitted the highest bid at an electronic auction. CSA’s separate business unit, CSA Cargo, will continue to engage in carrying shipments and post … [Read more...] about CSA meeting approves ACT sale
Plane Handling opens new facility
Plane Handling Limited, a leading ground handling company in the UK has opened its fi fth facility at London Heathrow Airport. West Point is the second dedicated facility Plane Handling has provided for Virgin Atlantic Airways, Cargo Point being the fi rst, which came on line in 1998. The West Point facility provides 70,000 square feet of warehouse space and incorporates 1,500 racking positions. The facility has the capacity to handle 70,000 tonnes of cargo per annum and has full RTS status … [Read more...] about Plane Handling opens new facility
HACTL reports modest growth in 1H
Hong Kong Air Cargo Terminals Limited (Hactl) said cumulative tonnage from January to July 2007 was 1,427,190 tonnes, slightly up 1.8 percent compared with the same period last year. The continual tonnage growth starting from the second quarter was primarily attributed to increases in export volume and transshipment volume. Aggregate export volume for the fi rst seven months was 789,189 tonnes, up 1.3 percent compared with the same period last year. Total transshipment volume for the fi … [Read more...] about HACTL reports modest growth in 1H
MacroAsia adds new handling facilities
Ground handler company MacroAsia Corp. plans to establish cargo handling facilities within the new Ninoy Aquino International Airport Terminal 3. MacroAsia president Joseph Chua said once the modern airport terminal opens, they will invest 1 billion pesos for cargo handling to support the operations of Philippine Airlines (PAL), the Business Mirror reported. Chua also said MacroAsia, together with Lufthansa Technik Philippines Inc. and PAL, will put up a second hangar at the Clark … [Read more...] about MacroAsia adds new handling facilities
