Jade Cargo International last month operated its fi rst fl ight into Frankfurt when the Chinese cargo carrier, operating a B747-400ERF, touched down at Europe’s biggest freight airport. The freighter’s arrival highlighted the fi rst non-stop service from Frankfurt to Shenzhen, the Chinese metropolis and home to eleven million people. The city is situated in the heart of the Pearl River Delta, China’s leading production and commercial centre. On the Frankfurt service, … [Read more...] about CHINA: Jade Cargo starts service to Frankfurt
CHINA: IDS reports strong results
Integrated Distribution Services (IDS), an integrated-distribution and logistics services provider in Asia, reported a growth in net profi t of 93.1 percent in the fi rst half of the year. The Li & Fung Group company registered a solid profi t of $16.49 million in the fi rst six months, with revenue for the period driven mainly by strong China growth and the acquisition of a US logistics business in November 2006. Revenue grew 24.8 percent to $583.15 million.IDS also recorded a one-off … [Read more...] about CHINA: IDS reports strong results
CHINA: China to rein in airline growth
China will tighten control on the approval of new airlines, cut fl ights at its busiest airport in Beijing and raise safety checks, worried that the industry is expanding dangerously fast, the regulator was quoted as saying in a report by Reuters. No applications for new airlines will be accepted before 2010 and the growth of those already in operation will be controlled, the General Administration of Civil Aviationof China said in a statement. Exceptions will be granted only to freight … [Read more...] about CHINA: China to rein in airline growth
CHINA: Martinair Cargo adds Xiamen to network
Following the successful operation in Nanjing & Tianjin, Dutch freighter specialist Martinair Cargo has extended its network in China with the start of a weekly Boeing 747 freighter service between Xiamen and Amsterdam from last month. The fl ights will operate every Sunday on the route Xiamen-Bangkok- Sharjah-Amsterdam. Martinair will offer capacity to Europe as well as to its cargo hubs in Bangkok & Sharjah. Cargo from Europe to Xiamen will be accommodated on Martinair’s fl ights … [Read more...] about CHINA: Martinair Cargo adds Xiamen to network
CHINA: Beijing threatens to shut down Schenker
Chinese media reports say that the Chinese Ministry of Communications has issued a statement in Chinese that logistics provider Schenker is being investigated for operating with falsifi ed NVOCC licenses. It is believed that the authorities have called on Schenker to cease all business in China concerned with ocean freight, and for shipping companies not to deal with Schenker. Schenker has denied the accusations and stated that it clearly has received an NVOCC certifi cate from the … [Read more...] about CHINA: Beijing threatens to shut down Schenker
GATEWAYS
Cargolux last month accepted its 15th B747-400 freighter from Boeing. The aircraft, registered LX-WCV and named ‘City of Petange’ arrived in Luxembourg after its delivery fl ight from Seattle with a full load of cargo. The Luxembourg-based cargo airline is also launch customer for the Boeing 747-8 Freighter with fi rm orders for 13 B747-8 Freighters, two options and 10 purchase rights. First deliveries will start from 2009. … [Read more...] about GATEWAYS
