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  Volume: XXIV, Issue No. 14 March 1-15, 2015  


Insurer finds top five reasons for logistics claims
_A Monitor Report Dubai : If you're a forwarder and have noticed that you keep filing claims for the same kinds of losses, you're not alone. The TT Club, an insurance provider for freight forwarders and businesses involved in logistics, recently released a report identifying five types of claims filed by forwarders, logistics operators, shipping lines, ports and terminals, which represent 66 percent of loss incidents and 62 per cent of the dollar value over a five-year period. This analysis, c. More...
DHL plans to raise investments in Egypt, participate in Suez Canal project : CEO
_A Monitor Report Berlin : DHL global express shipping company intends to increase its investments in Egypt by adding new shipping lanes and offering logistical services to its centre in Cairo International Airport, as part of its plan to develop its business in the Egyptian market, according to Ken Allen, CEO of Global DHL. During his meeting with Prime Minister Ibrahim Mehleb on February 14, Allen noted the company is currently contributing to the ongoing preparations for the "Egypt The Futu. More...
Kuehne + Nagel posts solid 2014 result
Berne : In airfreight Kuehne + Nagel continued the successful ascent in 2014 with improved profitability on the back of a 5.3 per cent growth in volumes against market growth of only 3-4 per cent. It was all-good for Kuehne + Nagel (K+N) in 2014 as the logistics giant posted a 6.1 per cent rise in earnings for the year on the back of improved business across its sectors - seafreight, airfreight, land and contract logistics. In 2014 K+N recorded a net turnover of CHF 17,501 million, up 1.9 per . More...
Cargo train completes first trip between China and Europe
Madrid : The first China-Europe freight train that departed from Madrid of Spain and travelled along the Yiwu-Xinjiang-Europe cargo line arrived in Yiwu, East China's Zhejiang province, February 22 after crossing seven countries in 24 days. Shoppers in Yiwu will be able to buy Spanish products such as olive oil at affordable prices next week after a cargo train linking the city to Madrid completed its debut round trip. The Yiwu-Xinjiang-Europe cargo line runs from the city in Zhejiang province. More...
PIA cancels all flights to Dhaka until March 10
_A Monitor Report Islamabad : Pakistan Inter-national Airlines (PIA) has cancelled all of its schedule flights to Bangladesh until March 10 to "protest the humiliation and harassment" of its Country Manager in Bangladesh. The Bangla-deshi authorities carried out a raid on the house of the PIA Country Manager, Ali Abbas, in Dhaka on suspicion of smuggling currencies and gold. Later, he was deported to Pakistan. On February 26, the Foreign Office spokesperson, Tasnim Aslam, said at her weekly m. More...
- Rosatom unveils popular science booklet on nuclear energy at Omor Ekushey Book Fair
- Emirates to restart flights to Baghdad from 1 March
- Canada wants Dhaka-Toronto direct air link
- Dhaka Regency Celebrated the Enchanting Valentine?s Day
- Sheer Joy of Shakrain, the kite festival
- India aims to achieve 1pc share of global arrivals this year
- Abu Dhabi named among top 10 destinations in 2015
- China is number one source of international tourists
- West Bengal Tourism reaching out to int?l tourism sectors
- Over 550,000 tourists spent more than $900m in Turkey in 2014
- Homestay programme gives authentic Indian-Myanmar experience in a remote region
- Record 56.4m tourists flocked to NY in 2014
- Cox?s Bazar-Teknaf Marine Drive to be completed by next year
- Watch World Cup Cricket 2015 matches live at Dhaka Regency
- Kabab and Paratha Festival on at Khazana Gulshan
- Hotels in London report 8.3pc RevPAR Increase
- UCBL card holders to get free int?l SIMs from WOWtel
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