Without a doubt, Asia is a leading trading partner for the New York Customs District (NYCD). China continues to dominate imports to the NYCD, but in May 2008 showed a loss of -7.54 per cent compared to 2007. On a commodity basis, out of the top five, the two that had decreased were knit apparel by -40.7 per cent and woven apparel by -21.9 per cent. For the month of May 2008, Japan had a significant growth of +14.56 per cent due to a growth in all of the top five commodities being … [Read more...] about Asia scores high in NY-New Jersey
Houston stays optimistic for future
Optimism is high, yet guarded, at George Bush Intercontinental Airport (IAH) in Houston where troubling economic times in the airline industry is shifting carrier service everywhere. But according to Genaro Pena, Houston Airport System (HAS) marketing director, Houston as a city is attracting more business from Asia and the Middle East than any other market in all of the Americas. That's because Houston is not only an oil town; it's home to numerous headquarters, manufacturing and … [Read more...] about Houston stays optimistic for future
Rocketing fuel prices ground Alaskan volumes
Soaring fuel prices are taking their toll on the aviation industry the world-over and the Ted Stevens Anchorage International Airport (ANC) is no exception. ANC may be the No.1 airport in the United States for landed weight of cargo aircraft and the No.3 airport in the world for cargo throughput, but it is also feeling the impact of the energy crisis.Between July 1, 2007 and June 30, 2008, the airport reported handling 2.67 million tonnes of cargo, a 5.5 per cent decline compared with the … [Read more...] about Rocketing fuel prices ground Alaskan volumes
PACTL volumes up despite enviro
Shanghai Pudong International Airport Cargo Terminal (PACTL) started its operations at Shanghai Pudong International Airport in 1999 with four customers and 2,000 tonnes of cargo per month. Today, PACTL has grown into a leading cargo terminal operator employing some 1,700 employees with 38 customers and handles an average 90,000 tonnes per month. While burgeoning fuel prices are hurting airlines and airports globally, PACTL is growing faster than the market in its key segment. Business from … [Read more...] about PACTL volumes up despite enviro
New same-day service from China Post
On 1 August, China Post's EMS launched a same day 'intercity express' delivery service between Beijing and Tianjin which the group said would facilitate afternoon delivery of morning post and would be the fastest such service in the country. The move is part of a package of new measures introduced by China Post's subsidiary to cement its position as the leading nationwide express delivery provider including a substantial reduction in rates at the end of last year as well the introduction of … [Read more...] about New same-day service from China Post
Austrian Post reports rising profits
Austrian Post has reported an increase in first half 2008 revenue and profit compared to the opening six months of 2007. The European postal organisation said group half-year revenue was up 7.3 per cent to €1.2 billion with EBIT of €81.9 million, an EBIT margin of 6.8 per cent and group profit for the period up by 3.4 per cent, to €70.1 million. "The first half of the 2008 financial year developed very satisfactorily for Austrian Post. The 7.3 per cent increase in revenue is not only … [Read more...] about Austrian Post reports rising profits
