Thailand's actual logistics costs index this year should not be above its previous forecast of 23.9 percent of gross domestic product, the Nation reported, citing Thammasat Business School associate professor Ruth Banomyong. While he declined to give details on the forecast for 2008, he said the high fi gures for logistics costs, including almost 50 percent of total logistics costs from transportation, indicate that the country still lacks competitiveness due to its high costs in inventory … [Read more...] about Thailand's logistics costs too high
TNT weighs up "final mile" service
Mail operator TNT has said it will decide in the next year whether to take on Royal Mail by launching a‘fi nal mile’ delivery service in theUK. The service would focus on bulkmail such as direct mail. Dutch fi rmTNT’s planned decision over whetherto launch the service has been acceleratedby the ongoing strike action atRoyal Mail. TNT has already run trials of a fi nal-mile service in Manchester and Glasgow, and is now looking at a national network. Chief executive Peter … [Read more...] about TNT weighs up "final mile" service
FedEx to expand Kinko's network
FedEx Kinko’s has announced a major expansion plan to open 300 new offi ce and print centres in the US throughout fi scal 2008. The company also will redesign 110 existing centres. FedEx Kinko’s currently has more than 1,700 locations in operation in the US. The company said it also plans to open twenty new centres outside the US during fi scal 2008. These new centres will be focused in the Asia- Pacifi c region, with twelve in China, four in Japan, two in Korea, and one in … [Read more...] about FedEx to expand Kinko's network
Evergreen Aircraft Sales & Leasing
Evergreen Aircraft Sales & Leasing haspurchased two ex-Swissair 747-300Msand seven 747-200s without engines,from Northwest Airlines for part out. … [Read more...] about Evergreen Aircraft Sales & Leasing
NEW ZEALAND: DSV Air & Sea buys NZ partner
DSV Air & Sea Ltd has concluded an agreement to acquire the activities of its former partner in New Zealand, Leader Container Line International Ltd, also known as JHB International Logistics. The parties have agreed not to publish the acquisition price. The establishment of DSV Air & Sea in New Zealand expands DSV’s coverage in Oceania and complements the DSV group’s global network. … [Read more...] about NEW ZEALAND: DSV Air & Sea buys NZ partner
AUSTRALIA: Menlo's Sydney unit achieves ISO 9001
Menlo Worldwide's logistics centre in Sydney has been certifi ed as ISO 9001 compliant. Auditors awarded the international quality certifi cate for the facility following a ‘zero non-conformance' rating. The certifi cation process was part of Menlo's quality control initiative to meet its clients' most exacting requirements. Menlo Worldwide is ahead of schedule in meeting the deadline for ISO 9001 certifi cation required by Nokia Siemens Networks Australia Pty. Ltd. under the terms of … [Read more...] about AUSTRALIA: Menlo's Sydney unit achieves ISO 9001