Logistics

Global - American Airlines was slapped with a US$24.2 million fine, the highest penalty ever issued to carriers by the Federal Aviation Administration (FAA).

Job description: Responsibility to provide the analysis and preparation of solution design work in support of Contract Logistics sales process within Singapore market.

India - The country is tripling its port capacity within the next 10 years as it deals with infrastructure inefficiencies.

Singapore - There is tremendous market potential in Asia and Singapore is an ideal hub for logistics companies to harness growth opportunities in the region, says the country's trade and industry minister.

China - China Cosco Holdings Co. has returned to profit in the first half of 2010 from recovered commodity and container rates.

Global - UPS is reducing the number of planned pilot layoffs after successfully working with the Independent Pilots Association (IPA) to avoid or delay layoffs before they take effect.

Job description: Responsibility to provide the analysis and preparation of solution design work in support of Contract Logistics sales process within Singapore market.

Southeast Asia - ASEAN bureaucrats have promised to increase the cooperation of logistics integration in the region.

Global - Further growth in the aviation industry will be determined by consumer spend and can improve through a restructure, says the International Air Transport Association (IATA).

Vietnam - Damco is investing more than US$4 million in a new integrated logistics centre at Binh Duong, south of Vietnam.