US-based forwarder and logistics provider SEKO said it has launched three dedicated, guaranteed charter fi ghts a week from Hong Kong to Chicago’s O’Hare International Airport, with connecting service to final destinations. The air cargo agreement was prompted by an anticipated increase in total supply chain management demands during the approaching peak shipping season. In addition to the three dedicated fl ights from Hong Kong, Seko also handles the pick-ups in Hong Kong, … [Read more...] about HONG KONG: SEKO starts charter flights from HKG

Shares in Hong Kong-listed Air China shot up 18 percent to a record high of HK$7.27 (US$0.93) last month following an announcement that fi rsthalf net profi t for 2007 would be 20 times higher than a year earlier, the China Economic Review reported. The carrier said its strong fi nancials were driven by growing demand, renminbi appreciation and returns on unspecifi ed investments. However, analysts stressed that the profi t projection looks quite different when calculated according to … [Read more...] about CHINA: Air China projects record profIts

Nanchang, the capital of Jiangxi province in southeastern China, has put together a three-tier logistics development plan for its local logistics industry, covering the period between now and 2020, Xinhua reports. The northern hub will be the most important, located near Changbei International Airport, supported by the city’s cargo railway north station, the Nanchang International Container Terminal and the expressway network. Phase I will last until 2010 and focus on the government … [Read more...] about CHINA: Nanchang to focus on logistics development

Continental Airlines, Delta Air Lines, Northwest Airlines and US Airways have launched formal bids to operate new services to China, which will become available as a result of the expanded aviation agreement with theUS signed last month. The US Department of Transportation will award six new routes between 2007 and 2009. Continental has applied to operate a daily Newark-Shanghai 777 service starting in the spring of 2009. The carrier currently fl ies to Beijing from Newark. Delta, which … [Read more...] about CHINA: US carriers launch bids for China routes

The General Administration of Civil Aviation (CAAC) said it has given approval to logistics group Sinotrans Air Transportation Development to set up an air cargo joint venture with three South Korean companies - Korean Air, Hana Capital and Shinhan Capital. The joint venture, Grandstar Cargo International Airlines Co Ltd, will offer, among others, domestic and international cargo services as well as air mail, aircraft leasing, charters, and repair andmaintenance. Based at Tianjin Binhai … [Read more...] about CHINA:CAAC approves Grandstar Cargo