Kuehne + Nagel (K+N) has won the contract to be Nestlé Chile’s logistics service provider under which K+N will manage Nestlé’s four distribution centres located across Chile covering the northern area from Antofagasta, the central area from Quilicura (Santiago) and Maipú, and the southern area from Concepción. K+N will also be responsible for distribution services for the shelfstable range of Nestlé products. … [Read more...] about Kuehne + Nagel wins Chilean Nestlé deal
air cargo
FedEx expands Asian freight forwarding biz
FedEx Trade Networks, a subsidiary of FedEx Corp, has expanded its global presence with the addition of ten new freight forwarding offices in Asia. The new facilities are located in Singapore, Taipei, Taiwan, and in Beijing, Guangzhou, Qingdao, Shenzhen, Tianjin, Xiamen, and Dalian, China. In addition, FedEx Trade Networks opened a representative office in Vietnam on 31 October 2009. These openings add to FedEx Trade Networks' freight forwarding operations in Hong Kong and Shanghai, which … [Read more...] about FedEx expands Asian freight forwarding biz
New cargo JV for Air China/Cathay
Air China and Hong Kong's Cathay Pacific Airways will jointly set up China's biggest cargo joint venture in Shanghai in early 2010 as the two carriers aim to tap the surging cargo volumes out of Shanghai Pudong. Air China will hold 51 per cent and Cathay Pacific will hold the remainder in the joint venture which will see the two carries contributing 10 B747-400 freighters. … [Read more...] about New cargo JV for Air China/Cathay
Aramex posts 23% rise in quarterly profit

Global logistics solutions provider, Aramex, announced its financial results for the three months ending 30 September with a net profit of AED 41.7 million for the period, an increase of 23 per cent compared to AED 33.9 million in the corresponding period of 2008. Revenues for the third quarter of this year stood at AED 487.6 million, a decline of 11 per cent compared to AED 545.7 million in the same period last year. … [Read more...] about Aramex posts 23% rise in quarterly profit

Korean Air launches Hanoi service
Korean Air Lines (KAL) Cargo has announced the launch of a scheduled B747-400 freighter service to the Vietnamese capital, Hanoi. The service will operate twice-weekly to Hanoi via Singapore from Seoul Incheon with the return routed direct from Hanoi to Incheon. The carrier pointed to the presence of MNCs like Canon, Nike and Toyota which it said were generating air cargo export traffic through Hanoi ranging from electronics to textiles. … [Read more...] about Korean Air launches Hanoi service
LAX cargo rebounds in Sept
Los Angeles International Airport has posted an increase in air cargo of 2.7 per cent in September, compared with the year-earlier period. This was one of the few increases in air cargo around the country's airports. In September, air cargo rose to 132 164.116 tonnes, up 2.7 per cent from the 129 478.849 tonnes, a year earlier. … [Read more...] about LAX cargo rebounds in Sept
