The week in brief
on July 26, 2013
Dubai World Central has revealed that United-Arab-Emirates-based Total Freight International began construction of its own facility in DWC's Logistics District (pictured left). The facility, which will be operational in April 2014, will primarily be used for general cargo warehousing, distribution and value added services, in addition to office space. A section of the warehouse space within the state-of-the-art facility will be allocated for cargo requiring a temperate-controlled environment.
CSafe Global and DB Schenker Logistics announced the signing of a master lease agreement that will enhance DB Schenker’s health care cold chain offering to include the CSafe RKN, developed specifically for the life science, pharmaceutical and healthcare industries.
CEVA Logistics is creating a campus consolidating several facilities in Mt. Juliet, Tenn., a suburb of Nashville. CEVA’s new 700,000-sq.-ft. (65,000-sq.-meter) facility combines two existing properties in Nashville plus a network distribution site that had been based in Chicago.
CargoWise, a technology company for logistics service providers, announced that TWIG Logistics Network has become a WiseIndustry Partner to ensure its members have ready access to CargoWise’s software. Founded in March 2013, TWIG has already more than doubled in size in just three months, and now boasts 40 members in 35 countries.
Etihad Airways signed an agreement with IAE International Aero Engines AG to upgrade the airline's current and future fleet of 35 V2500 engine-powered Airbus A320 family of aircraft to the V2500 SelectTwo engine standard. The carrier will purchase 73 V2500 SelectTwo engine upgrade kits, which also makes provision for spare engines. The main advantage of SelectTwo is improved fuel burn.
The Boeing Company reported that second-quarter core earnings per share increased 13 percent to US$1.67. Second-quarter core operating earnings also increased 13 percent to US$2 billion year over year.
Less than nine months after launching its inaugural service to Lyon, Emirates will upgrade the route's operating aircraft to a Boeing 777-200LR (pictured right) starting Feb. 1, 2014. The aircraft will continue to operate five times per week.
For the second consecutive year, the World Travel Awards awarded LAN Airlines in the Leading Airline in South America category. Travel professionals and consumers vote on WTA recipients.