Cargolux is adding a fifth flight to the trans-Pacific service the freighter operator launched this year, bringing more capacity into Asia markets that are seeing sharp gains in air cargo services.Cargolux’s new 747-400 flight will operate from Singapore and Hong Kong to Los Angeles and then onto the carrier’s main hub in Luxembourg.The service joins four other flights Cargolux launched...

The domestic automobile market this month may see a decrease in both import volume and value for the first time, according to the General Statistics Office (GSO). In August, the GSO estimated that the number of autos imported to Vietnam was only 4,000 units—down by 9.1 percent over last month. The total import value was worth only US$78 million, a month-on-month decline of 18.8 percent.According...

The Port of New Orleans saw a 60 percent increase in containerized volume in the first half of 2010, the port said.The port handled more than 200,000 TEUs through June and said it is on pace to top 400,000 TEUs for the year at the Napoleon Avenue Container Terminal in 2010.The port said it expects to augment capacity by adding two container gantry cranes in early 2011, and $11.8 million in projects...

MASkargo begins twice-weekly B747 freighter flights between Amsterdam and New York JFK in September. Managing director Shahari Sulaiman said. "The demand into the US is predicted to be stronger towards the end of the year. We also expect higher yields by routing flights from Europe, as this will also open up capacity to China and Asean countries," Citing a 50 percent increase in...

Vietnam's exports could rise 18.2 percent to US$67.5 billion this year, beating a government growth target of more than 6 percent, a state-run newspaper reported on Wednesday.Vietnam's exports between January and August rose 19.7 percent from a year earlier to $44.52 billion, the government said on Tuesday.To reach the annual value of $67.5 billion, businesses need to earn $22.98 billion within the...