International logistics security firm FreightWatch says global cargo theft already accounts for approximately US$50 million a year and the problem may worsen as more high-value goods move through global supply chains. … [Read more...] about FreightWatch
Air & Cargo Services
Transmile Air Services
Malaysia-based cargo airline Transmile Air Services has launched an all-cargo charter service from Kuala Lumpur to Liege in Belgium via Nanjing, Xinhua reported. Th e new service, which uses a MD-11 freighter, is Transmile's second service via Nanjing after the Kuala Lumpur-Nanjing-Malmo service,which was launched in March 2006.Separately, Transmile is said to have clinched the contract recently to wetlease some of its Boeing 727 planes to Air Hong Kong. … [Read more...] about Transmile Air Services
BALtrans Holdings
Hong Kong-based freight forwarder BALtrans Holdings executive chairman Anthony Lau said some of its shareholders are in preliminary talks with interested third parties to sell a controlling stake in the company, WorldACD reported. In September, the company began assessing proposals to sell a controlling stake amid plans by founder and executive chairman Lau to retire. … [Read more...] about BALtrans Holdings
DHL
DHL said it officially broke ground last month for its new nerve centre at Korea's Incheon International Airport. The DHL Express Incheon Hub will serve as a consolidation and distribution centre for Korea and other markets, such as Mongolia, Guam, Saipan, and Far East Russia, the company said. … [Read more...] about DHL
East Line Group
Russia's East Line Group, has awarded a contract to CDG Systems Ltd, to supply a semi-automatic cargo handling solution as part of the planned development of Moscow's Domodedovo air cargo handling complex. … [Read more...] about East Line Group
Turkish Airlines Cargo
Turkish Airlines Cargo said it will launch a new weekly freighter service between Zurich and Istanbul on December1, using an Airbus A310F. … [Read more...] about Turkish Airlines Cargo
