Logistics Services

1-10 of 19 results

Hong Kong airport's business back to pre-crisis levels

AFP Asian Edition 3 days ago

Hong Kong airport's passenger and cargo business has bounced back to levels seen before the global financial crisis hammered the aviation industry, the city's airport authority said Sunday. Crediting a surge in travel during last month's Lunar New Year holiday, the authority ...

Germany Fraport

AP News 7 days ago

FILE - In this July 28, 2004 file picture a plane takes off from the airport in Frankfurt, Germany. German airport operator Fraport AG says its February group passenger level increased 3 percent to 4.6 million people from a year earlier. The ...

DP World owner in talks with private equity firm

AP News 18 days ago

<div id="subtitle">Dubai port operator DP World says parent mulling possible stake sale to investment firm</div><div><p>DP World, one of Dubai's most global companies, said Sunday its main government-owned shareholder is in talks to possibly sell a minority stake in the port operator to ...

Hong Kong's air cargo traffic drops 17.6 percent

AFP Asian Edition 19 days ago

<div><p>Air cargo shipped through Hong Kong dropped 17.6 percent year-on-year in May, the city's airport authority said, as the global downturn continued to slash demand for goods made in southern China.</p><p>Hong Kong International Airport handled 259,000 tonnes of cargo in May as ...

Nepal forces pocket-lining airport workers to change

AFP Global Edition 19 days ago

<div><p>Nepal's anti-corruption authority has come up with a novel solution to rampant bribe-taking at the country's only international airport -- the pocketless trouser.</p><p>The authority said it was issuing the new, bribe-proof garment to all airport officials after uncovering widespread corruption at Kathmandu's ...

Nepal forces airport workers to change

AFP South Asian Edition 19 days ago

<div><p>Nepal's anti-corruption authority has come up with a novel solution to rampant bribe-taking at the country's only international airport -- the pocketless trouser.</p><p>The authority said it was issuing the new, bribe-proof garment to all airport officials after uncovering widespread corruption at Kathmandu's ...

DP World says business at ports drops 10 pct in 1H

AP News 20 days ago

<div id="subtitle">Port operator DP World says cargo throughput at its ports fell 10 percent in first half</div><div><p>Cargo handler DP World said Thursday business at its ports dropped 10 percent in the first half of 2009 as the shipping industry struggles through its ...

Too narrow trench could cost Port of Seattle $1M

AP News 20 days ago

<div id="subtitle">Trench dug too narrow could mean $1 million cost at Port of Seattle</div><div><p>A tiny mistake — about half the thickness of a dime — could end up costing about $1 million at the Port of Seattle. The Seattle Times reports Wednesday ...

DP World profit drops 32 percent amid trade slump

AP News 20 days ago

<div id="subtitle">Dubai-based port operator DP World profit falls 32 percent as global trade dries up</div><div><p>Port operator DP World said Thursday its profit slumped by about a third in the first half of the year as it weathered a "very challenging operating environment" ...

LA harbor plan would mix leisure with industry

AP News 21 days ago

<div id="subtitle">Los Angeles harbor plan seeks to draw visitors to industrial waterfront</div><div><p>The hulking container ships that ply the Port of Los Angeles already provide Southern California with a major source of revenue. Soon they could also provide the scenery for what port ...

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