DHL is investing US$108 million to expand its Americas hub facility at the Cincinnati/ Northern Kentucky airport (CVG) to meet the demands of continued growth in international ecommerce and global trade. The expansion will provide more gates to accommodate additional aircraft, warehouse space and new equipment to provide more capacity for sorting shipments as well as unloading and reloading aircraft. Stephen Fenwick, CEO, DHL Express Americas, said: “This multi-million dollar investment … [Read more...] about DHL uprades Americas hub for US$108M
Express & Mail
TNT opens new air route to Malta
TNT has launched a new air service between its main European air hub in Liege and Malta. The flight will run five times a week on a B737-400 aircraft, with a stopover in Marseilles on both outbound and inbound journeys and offers next day delivery to all of Europe. Malta is home to several industries, including electronic, medical and pharmaceutical production. According to the IMF, Malta’s GDP growth has been one of the highest in the euro area in recent years, supported by relatively … [Read more...] about TNT opens new air route to Malta
Blue Dart Express acquires Blue Dart Aviation
India’s Blue Dart Express – a unit of Deutsche Post DHL Group – has become a majority shareholder in Blue Dart Aviation after purchasing additional 21 per cent stake taking its shareholding of the company in Blue Dart Aviation to 70 per cent. This now makes Blue Dart Aviation a subsidiary of Blue Dart Express – an integrated transportation and distribution company. Blue Dart Aviation was part of DHL Aviation from 2004 to 2015. Blue Dart Aviation operates a fleet of five B757-200Fs on 21 … [Read more...] about Blue Dart Express acquires Blue Dart Aviation
UPS to open Netherlands healthcare centre
UPS has announced that it is building a new healthcare distribution center in Roermond, the Netherlands, to accommodate growing demand. The new facility will measure close to 28,000 sqm and provide 41,000 pallet places. The announcement comes a month after UPS opened a healthcare-dedicated air freight forwarding facility at Amsterdam Airport Schiphol. The Roermond facility, which is scheduled to be completed in January 2016, is part of UPS’ ongoing growth plan in Europe. With its close … [Read more...] about UPS to open Netherlands healthcare centre
SingPost divests 90% stake in DataPost
Singapore Post (SingPost) has entered into a sale and purchase agreement with Jing King Tech Solutions to dispose its 90 per cent stake in DataPost for approximately S$39.3 million (US$29.5 million). This is on the back of another divestment that SingPost made in May of its whole stake in Novation Solutions and DataPost Hong Kong for S$24.4 million. DataPost, together with Novation and DataPost (HK) in Hong Kong, is engaged in full-service security printing, document management and transactional … [Read more...] about SingPost divests 90% stake in DataPost
