The keynote address at this year's Air Freight Asia Conference will be delivered by the recently-appointed Chief Executive Officer of the Hong Kong Airport Authority, Stanley Hui. "As chief executive of Dragonair Airlines for many years, Stanley has been at the forefront of promoting the air cargo industry in general and the role of Hong Kong as a crucial air cargo hub in North Asia in particular," said Air Freight Asia 2007 organiser, Nol van Fenema. "With his background and … [Read more...] about Airport CEO to deliver AFA 2007 keynote address
Leaderboard
Cargo-Partner unveils Indian subsidiary
Austria-based Cargo-Partner AG, one of Europe's privately owned global logistics company with activities in eastern and central Europe, has launched its wholly-owned Indian subsidiary, Cargo Partner Logistics India Pvt Ltd (CPLI). Headquartered in Kolkata, CPLI has opened nine branches in different locations in the country, employing 60 professionals. "We have plans to open five more branches and recruit another 80-90 people and hope to post a turnover of Rs 100 crore in … [Read more...] about Cargo-Partner unveils Indian subsidiary
General Atlantic withdraws from EGL deal
General Atlantic has pulled out of a proposed equity purchase deal with EGL due to an expected shortfall in EGL's fourth quarter 2006 results. General Atlantic has withdrawn as an equity sponsor from the offer made to acquire all outstanding equity interests in EGL by James Crane, the company's largest shareholder, CEO & chairman of the board, and General Atlantic. EGL expects to release its Q4 results on February 28, 2007. Although the company has not completed the preparation of … [Read more...] about General Atlantic withdraws from EGL deal
Global players dominate service parts logistics
The global service parts logistics industry is becoming increasingly dominated by the major integrated express carriers and a small number of ¡®4PLs'. This is just one of the conclusions of a major new report published by UKbased logistics research organisation, Transport Intelligence (Ti). The report, Global Service Parts Logistics in the High Tech Sectors, found that as the market increasingly matures, SPL products and services are finally starting to meet the demands of the global high … [Read more...] about Global players dominate service parts logistics
Black & Decker inks deal with K+N Thailand
Kuehne + Nagel in Thailand has been awarded a three-year contract by Black & Decker (Thailand) Ltd. Under the new agreement, K+N is responsible for the receipt of inbound shipments, warehousing and national distribution. In addition, a wide range of value-added services, including spares part management, are provided. To meet the sophisticated logistics requirements of Black & Decker, K+N has taken a new 4,200 sqm warehousing facility in Bangkok into operation. "Kuehne + … [Read more...] about Black & Decker inks deal with K+N Thailand
Dachser invests in India
Logistics provider Dachser has set up a 50:50 joint venture with Indian logistics company, AFL. Headquartered in Mumbai, the new company "AFL Dachser Pvt. Ltd" has over 30 branches of its own in India. The board members are the AFL chairman and managing director Cyrus Guzder, AFL director Farukh Guzder and the Dachser managing directors Bernhard Simon and Thomas Reuter, while Detlev Janik, incumbent ¡®global head ¨C cargo', AFL, has been appointed CEO of the new joint … [Read more...] about Dachser invests in India
