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Transport firm rival may want to merge

Business | Logistics
2009-10-20

STRUGGLING British transport firm National Express Plc said yesterday it had received a preliminary approach about a possible merger from rival Stagecoach Group Plc. The announcement came after a potential bidder...

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FedEx Express To France and Germany in a day

Business | Logistics
2009-10-15

GLOBAL express giant FedEx Express has introduced a new next-business-day service to enhance its overnight service connecting China and Singapore with France and Germany. "A revived European economy will push demand...

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Hactl's cargo data show improving conditions

Business | Logistics
2009-10-12

HONG Kong Air Cargo Terminals Limited (Hactl) announced yesterday that its tonnage throughput for the first nine months of the year was 1,624,116 tons, a year-on-year drop of 16.3 percent. September tonnage further...

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Ministry to spend billions on trains

Business | Logistics
2009-9-30

CHINA'S two top train makers have won Ministry of Railways contracts worth more than 110 billion yuan (US$16.1 billion) as part of an accelerated plan to develop high-speed rail links. China South Locomotive and...

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Yamato secures venture deal

Business | Logistics
2009-8-27

YAMATO Holdings Co yesterday signed an agreement with two Shanghai companies to invest in a distribution venture as it seeks to tap into the city's express delivery industry. Japan's biggest parcel delivery service...

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Train maker's Shanghai IPO gets a green light

Business | Logistics
2009-8-22

CHINA CNR Corporation Limited, one of the country's top two train makers, has got the regulatory approval to proceed with its initial public offering (IPO) in Shanghai, the securities regulator said in a statement...

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City aims to be Asia Pacific logistics hub

Business | Logistics
2009-8-15

SHANGHAI seeks to build itself into a logistics hub in the Asia Pacific region by 2011, according to a blueprint on the logistics industry yesterday. The output of the city's logistics industry will continue...

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Shanghai to be Asia Pacific logistics hub

Business | Logistics
2009-8-14

SHANGHAI aims to be the logistics hub of the Asia Pacific by 2011, the city said in a stimulus plan on boosting the logistics industry today. Output of logistics industry in Shanghai will keep an annual growth...

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Cold storage plant strategic move

Business | Logistics
2009-7-31

PREFERRED Freezer Services, a United States-based cold storage specialist, started construction yesterday of a warehousing facility at Shanghai's Lingang Logistics Park in a strategic move to enter the world's fastest-growing...

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DHL opens transport hub in Wuhan

Business | Logistics
2009-7-28

LOGISTICS giant DHL Supply Chain yesterday opened a domestic transport hub in Wuhan City, central China's Hubei Province. The new facility, covering an area of 3,080 square meters, is in the Wuhan Economy and...

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Major IPO expected to raise US$293m

Business | Logistics
2009-7-7

SICHUAN Expressway Co plans to raise up to 2 billion yuan (US$293 million) in the first major initial public offering on the Chinese mainland in 10 months. The toll road operator will sell some 500 million yuan-denominated...

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DHL's hub seeks to use road transport segment

Business | Logistics
2009-7-1

LOGISTICS giant DHL opened a US$25 million transport hub in Shanghai yesterday as it taps the growing domestic road transport industry, and it plans to build 10 more hubs across the country this year. The DHL Eastern...

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DHL launches transport hub in Shanghai

Business | Logistics
2009-6-30

LOGISTICS giant DHL today opened a US$25-million transport hub in Shanghai to tap into the growing domestic road industry. It plans to build another 10 hubs across the country this year. The DHL Eastern China...

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FedEx taps into inland cities

Business | Logistics
2009-6-25

FEDEX Express has upgraded its customer service center in central China's Wuhan City in another step to tap into inland cities as it eyes the potential demand spurred by China's stimulus package. "We upgraded...

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FedEx upgrade shows confidence in development

Business | Logistics
2009-6-24

FEDEX Express today upgraded its customer service center in central China's Wuhan City in another step to tap into inland cities as it eyes the potential demand spurred by China's stimulus package. The center...