Preliminary traffic figures for the month of July released by the Association of Asia Pacific Airlines (AAPA) showed that international air passenger demand continued to grow moderately, supported by business and leisure related travel. However, falling exports and a worsening trade outlook led to further weakness in air cargo markets. The number of international passengers carried by the region's airlines climbed 3.4% higher year-on-year to a combined 32.5 million, even as business … [Read more...] about Asia Pacific Airlines July 2019 traffic results
air freight
Azelis appoints new Group Technical Innovation Director
Azelis announced the appointment of Ron Rosenberg as its Group Technical Innovation Director, effective September 1, 2019. This appointment reinforces Azelis' focus on application and formulation support, and the company's ambition to become the benchmark in the industry as a fully integrated and innovative solutions provider. In his new role, Ron will be responsible for definition and implementation of the group's vision and strategy regarding innovation, as well as providing guidelines and … [Read more...] about Azelis appoints new Group Technical Innovation Director
Kerry Group inaugurates new production facility in India
Kerry Group announces official opening of its new €20 million production facility in Tumkur, India. The new, state-of-the-art 40,585 square metre facility, located 120km from Bangalore, will serve Kerry Taste & Nutrition’s global and regional customers in the South West Asia region, with Kerry Taste and Beverage systems for the fast-growing retail and Foodservice markets. This is Kerry Group’s fourth significant investment in India and supports 150 new jobs in … [Read more...] about Kerry Group inaugurates new production facility in India
CEVA Logistics expands in Vietnam
CEVA Logistics officially opened its new facility in Ho Chi Minh City, Vietnam, doubling the size of its local operation. CEVA’s new facility, strategically located close to the two cargo terminals of the country's busiest airport Tan Son Nhat International, and a short drive from the container port of Cat Lai will enable CEVA Logistics to further develop its best-in-class services in Vietnam. Vietnam, a strategic market for CEVA Logistics CEVA has a long-established … [Read more...] about CEVA Logistics expands in Vietnam
New Combustor Center to be established within Nagasaki Shipyard & Machinery Works
Mitsubishi Heavy Industries, Ltd. (MHI) has taken the decision to establish a new factory within its Nagasaki Shipyard & Machinery Works to manufacture aero engine parts. MHI is anticipating continued growth of its aero engine business, and in establishing the new facility the Company looks to strengthen its global competitiveness by developing a highly advanced engine parts production line, to grow aero engines into one of MHI Group's core businesses. Construction is slated to get underway … [Read more...] about New Combustor Center to be established within Nagasaki Shipyard & Machinery Works
Visible recognized as Utah’s 3rd fastest growing company by Utah Business Magazine
Acknowledging its explosive growth over the past five years, Utah Business magazine recognized Visible Supply Chain Management (Visible), the Salt Lake City-based industry leader in shipping and fulfilment services for small to midsize businesses, as the 3rdfastest-growing company in Utah at the magazine’s annual Fast 50 event in Salt Lake City. Visible has revolutionized an industry with single-digit compound annual growth rates by achieving a 72% CAGR over the last five … [Read more...] about Visible recognized as Utah’s 3rd fastest growing company by Utah Business Magazine
