Panalpina has been sucked into a bribery investigation involving its US and Nigerian businesses, Transport Intelligence reported. The company’s US subsidiary has received a request for documentation from the American authorities concerning questions about alleged improper payments to Nigerian customs offi cials. According to a Panalpina press release, the company was approached by the US Department of Justice as a result of a ‘plea agreement’ of a “customer with the … [Read more...] about Panalpina involved in oil bribery probe
Air Freight Logistics
Mitsui to invest in aviation sector
Japanese conglomerate Mitsui has announced it is investigating investment opportunities in India’s aviation and infrastructure sectors, and is currently seeking partners for its potential ventures. Mitsui is reportedly interested in the development of logistics and infrastructure at Greater Noida and Rajasthan. N Ohasi, chairman, confi rmed. A high level team from Mitsui visited India last month for extensive meetings to fi nalise plans for Mitsui’s major participation in … [Read more...] about Mitsui to invest in aviation sector
Abu Dhabi cargo traffic surges
Abu Dhabi airport has reported a 34 per cent increase in cargo traffi c in the fi rst half of 2007, compared with the same period in 2006. Cargo volumes reached 149,210 tonnes in the six-month period. Aircraft movements increased seven per cent to 39,300. Offi cials said growth at the airport was being driven by the rapid expansion of home carrier Etihad Airways. … [Read more...] about Abu Dhabi cargo traffic surges
DCA denies talks of $1bn contract
Dubai’s Department of Civil Aviation (DCA) has declined to discuss reports that it would award a $1bn contract to a South African construction fi rm for the expansion of Dubai International Airport, according to a report in Gulf News. Web-based reports have predicted that the DCA will announce that it has hired Murray & Roberts to build Concourse 3. Khalifa Al Zafein, director of engineering and projects, said DCA had not yet selected a winning bidder and that negotiations were … [Read more...] about DCA denies talks of $1bn contract
Baiyun airport inks more cargo deals
Guangzhou Baiyun International, one of the country’s three busiest airports, is expanding its efforts to become an international air cargo and logistics hub in the prosperous southern Chinese region the China Daily reported. International logistics companies will play a bigger part in reaching the goal, according to Liu Zijing, president of the Guangdong Airport Management Group Co Ltd. Liu said that the airport would soon introduce a safety and credit cargo agent system to offer … [Read more...] about Baiyun airport inks more cargo deals
Cochin Airport to diversify activities
India’s fi rst private-public venture, Cochin International Airport Limited (CIAL) said it will be diversifying from its traditional airport activity by embarking into different areas, including offering its expertise in airports and also setting up, among others, a special economic zone and constructing a Rs 100 crore warehouse. According to a South Asia Logistics report, CIAL has already held a premliminary round of talks with Maharashtra and Uttar Pradesh governments in regards to … [Read more...] about Cochin Airport to diversify activities


