Germany Celebrates Centennial Anniversary of Air Cargo – On August 10, 1911, the first air cargo flight in Germany occurred when a Berlin newspaper was transported to Frankfurt (Oder), a city located on the German-Polish border. It is interesting to note that the destination city for this historic shipment should not be confused with the more widely known city of Frankfurt am Main (site of the country’s largest airport and stock exchange). The cities are distinguished from each other by their respective rivers – the Oder and the Main. Germany’s logistics industry is expected to be worth € 200 Billion in 2011.
Read more from The Sacramento Bee.
Chemical Plant Protest Pressures China’s Government – National stability is China’s top priority in the aftermath of a large protest in Dalian. An estimated 12,000 demonstrators gathered to oppose a factory producing a chemical used in polyester production. Damage to the plant, caused by a recent typhoon, may be the source of local water contamination.
Read more from the New York Times.
LA/LB Ports Show Best Potential for Growth – The Ports of Los Angeles and Long Beach have been ranked highest in the country for growth potential in a recent report. Cited as reasons for the ports to retain their place as the country’s premier shipping harbors were a combination of current cargo volume, geographic location and infrastructure investment.
Read more from the Los Angeles Times.
Two Consecutive Months of Trade Surpluses for Japan – In the wake of March’s natural disaster, Japan has posted a trade surplus in both June and July. Despite this encouraging data, the country’s surplus is nearly 100% lower than the same period last year. Japan, ranked as the third largest economy in the world, relies heavily on the health of its export market.
Read more from the JOC.