Menlo Worldwide said it will buy Cougar Logistics Corporation Ltd. for $33.9 million, including a $28.2 million cash payment to Cougar and the assumption of $5.7 million in debt. Cougar owns logistics operations in Singapore and Southeast Asia, and Menlo is the global logistics subsidiary of Con-way Inc. Cougar Express, the primary subsidiary, handles freight forwarding, warehousing, logistics and distribution management in Southeast Asia, including Singapore, Malaysia and Thailand. … [Read more...] about Menlo to buy Cougar Logistics
Air Forwarding
China’s development in logistics is lagging
The gap in logistics know-how between China and the West remains large in management, training and IT applications, says Luo Kaifu, vice president of the International Federation of Freight Forwarders Associations (FIATA). Speaking at the recent 4th Annual Sino-International Freight Forwarders Conference in Guangzhou, Luo said: "If we take the logistics development level of the western countries as 100 percent, then that of China would be 40 - which means that the gap is still very big." … [Read more...] about China’s development in logistics is lagging
Building global relationships in Pacific region
The year 2007 has been dubbed by the US as 'The Year of the Pacific'. There are great opportunities for New Zealand but only if we take an active role and do everything practicable to build an ongoing relationship with ourPacific neighbours. Fiji, the Cooks, Vanuatu, Samoa, are still seen by many New Zealanders as the most popular choice for the perfect island holiday and Kiwis rush to book package holidays to these paradise destinations right on our front doorstep. Despite recent … [Read more...] about Building global relationships in Pacific region
Air Freight Asia exhibition adds more space
Demand for exhibition space at Air Freight Asia 2007 has been such that the organisers have decided to add another row of booths to the allocated space in the halls of AsiaWorld-Expo, where the event is co-located with theAsian Aerospace 2007 Expo. The extra fl oor space brings the overall exhibition area for Air Freight Asia to well over 1,400 sqm, including the 180 sqm booked by Dubai LogisticsCity. Among the companies that have now confi rmed their presence at this trade show are … [Read more...] about Air Freight Asia exhibition adds more space
Revised conference programme timing
Based on feedback from delegates and experience at earlier Air Freight Asia events, the AFA2007 Conference programme has undergone some changes to allow more time for networking. The Conference, which will be held in the Regal Airport Hotel on September 4 and September 5, will have two and three morning sessions respectively, with coffee and tea breaks on both days in the foyer area of theballroom. After a buffet lunch, which will also be served in the foyer area, the programme continues at … [Read more...] about Revised conference programme timing
Special Asian Aerospace counters at Hong Kong International Airport
During Asian Aerospace show dates from 2 Sept – 6 Sept, airport counters (B17 and B18) at the arrival hall will be set up to handle visitor enquiries and supply information/direction to AsiaWorld-Expo. A free one-hour luggage transfer service is available at two counters located near the luggage belt area (inside immigration). These counters are operated by WFS – the authorised service supplier within the restricted area of immigration. Visitors can simply drop off their … [Read more...] about Special Asian Aerospace counters at Hong Kong International Airport