The early expansion of the hub reflects both the meteoric growth of the express logistics market in both China and the intra-Asian markets, as well as the continuing importance of HongKong as an international cargo hub. “The Central Asia Hub expansion is really a story of growth,” said Dan McHugh, chief executive officer, DHL Express Asia Pacific. “It reflects the importance of Hong Kong, the importance of China and also DHL’s global footprint.” he … [Read more...] about DHL doubles Central Asia Hub
Express
UPS poaching DHL customers in US?
United Parcel Service Inc. is using its planned collaboration with Deutsche Post AG’s DHL unit to snatch customers from DHL, Astar Air Cargo Inc. alleged today, according to a Bloomberg report. Astar, a DHL vendor and shipping customer, made the assertion to a US House panel in written testimony by COO Gary Hammes, citing a comment by a UPS salesperson that DHL service would become “substandard’’ under the new alliance. “It is our belief that these sales calls … [Read more...] about UPS poaching DHL customers in US?
Global semiconductor industry looking up
The global semiconductor industry is seeing growth despite rough beginnings this year. According to the Semiconductor Industry Association (SIA), worldwide chip sales reached US$22.2 billion in July 2008, up 2.8 per cent sequentially, and an increase of 7.6 per cent on-year. SIA President George Scalise notes that growing sales of consumer electronics, PCs and mobile phones— collectively accounting for 80 per cent of overall chip demand—have fueled the increase in sales, in addition to … [Read more...] about Global semiconductor industry looking up
UPS upbeat on intra-Asian trade
United Parcel Service believes the current growth of containerised cargo and air freight is merely the start of an upward climb and expects a trade boom in the next few years. “More than 40 per cent of global trade now takes place between APEC (Asia-Pacifi c Economic Co-operation) members,” said UPS regional vicepresident of international trade services James Goh, adding that “rapid growth is expected to continue, especially after the region had shown its resilience with an … [Read more...] about UPS upbeat on intra-Asian trade
DHL races around the world with F1
Singapore’s ground breaking Formula One (F1) night race saw the premier racing event’s official logistics provider in action, transporting nearly 272 tonnes of airfreight on three B747s. Each F1 race sees the specialised DHL F1 team of 9-15 people for overseas races and 10-20 people for European races, swing into action. The team ensures the smooth delivery of cars, fuel, spare engines and equipment, television equipment and even espresso makers and champagne between race venues … [Read more...] about DHL races around the world with F1
Cargo joint venture faces dramatic oversupply, disastrous yields
The announcement by China Southern Airlines and Air France KLM that the airlines have entered into exclusive talks to launch a joint venture cargo carrier in China, merits some close analysis, because it comes at a time when main-deck and belly-hold capacity have fl ooded the market and as a result rates and yieldsare under extreme pressure. In this month’s Supplement - pages 46 -54 - most of the leading players in the Chinese market acknowledge that capacity has outgrown demand and … [Read more...] about Cargo joint venture faces dramatic oversupply, disastrous yields
