TNT has extended its Asia Road Network (ARN) into Cambodia, creating a fully integrated express road service to and from Phnom Penh. With the new Cambodian extension, TNT has added more than 1,500 km to the existing 6,000 km ARN running from its integrated road/air hub in Singapore to Thailand and though to China where TNT bases freighter operations out of Shanghai Pudong. TNT claims the extension establishes it as the only express integrator to provide a fully integrated, scheduled, … [Read more...] about TNT extends Asia Road Network into Cambodia
Express
TNT Express opens Milano mega hub
TNT has invested €12 million (US$16.7 million) in a new 40,000 m2 mega hub at the Milano Linate city airport. The facility is located directly beside the runway at Linate airport, from which TNT's Airbus A300 takes off each night for the TNT world air hub in Liège, Belgium. The Milano mega hub is open 24/7, handling deliveries to Milan and its hinterland, Como and Varese, and sorting international imports and exports for the whole of Italy at night. … [Read more...] about TNT Express opens Milano mega hub
Time:Matters & Jetpak team up on spare parts
Time:matters, the special service provider for courier, same day and emergency logistics as well as time-critical spare parts logistics and Jetpak, a Nordic market leader for time-critical express logistics solutions, have developed a joint flight network specifically for the transport of time-critical spare parts. The new high-frequency, in-night network connects Central European commercial centers with Northern European destinations such as Stockholm, Oslo, Copenhagen and Helsinki as well as … [Read more...] about Time:Matters & Jetpak team up on spare parts
UPS expands its field stocking network in Asia
UPS announced plans this week to boost its global post sales service options by expanding its field stocking location (FSL) network in India and by establishing an Asia Post Sales Customer Support Centre in Clark, Philippines. "Despite current economic conditions, Asia continues to be a global manufacturing hub and market research indicates Asia's contract logistics market could overtake North America's in the next five years," said Brad Mitchell, president of UPS Logistics & Distribution. "UPS … [Read more...] about UPS expands its field stocking network in Asia
TNT reports 58% slide in Q1 net profit
Netherlands-based TNT has reported a 58 per cent fall in first-quarter net profit on the back of shrinking volumes at its express and mail units, saying the situation was expected to continue through the rest of 2009. TNT chief executive Peter Bakker said trading conditions in the first quarter "continued the trend we saw at the end of 2008 and the beginning of this year", adding that these are "to persist through the rest of the year". Net profit fell to €76 million from € 179 … [Read more...] about TNT reports 58% slide in Q1 net profit
DHL/ABX extend negotiations
DHL and ABX Air Inc. have extended negotiations on a deal under which DHL would assume financial responsibility for leases of five Boeing 767-200 freighter aircraft that ABX is currently operating. ABX has been operating the aircraft on behalf of DHL under an existing agreement that expires in August 2010. The new arrangement, according to an 18 March memorandum of understanding (MOU), also would give DHL an option to lease up to four additional 767s. The March MOU provided that either party … [Read more...] about DHL/ABX extend negotiations
