In an air cargo environment where freighters continue to idle in many locations around the world and airline cargo bosses lose sleep worrying about how to fill those still operating, Vietnam offers a studied contrast. It is – at least for now – a market in want of more maindeck capacity. One of the rising stars of the global economy, Vietnam was one of Asia’s fastest growing economies in 2014, driven largely by manufacturing and aided by rising personal consumption. In 2014 Vietnam’s GDP was … [Read more...] about Vietnam fuels cargo growth
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IAG rides high on surging Malaysia volumes
Since KL came on line at the end of May exports to the UK and Ireland have risen by 57 per cent, nearly ten times more than the six per cent increase in cargo to the rest of Europe and two-thirds more than cargo to North America which grew by 37 per cent. The products being carried are a good mix heavily weighted towards high tech electronics, brought down by road from Penang in the North of Malaysia. These are half of the goods IAG moves out of Kuala Lumpur, ahead of perishables (30 per … [Read more...] about IAG rides high on surging Malaysia volumes
DHL eCommerce launches Shanghai terminal
DHL eCommerce, a division of Deutsche Post DHL Group, has expanded its operations in China focusing on crossborder and domestic e-commerce services. The company announced the launch of a new DHL eCommerce Shanghai Terminal located in Jiuting, Shanghai and plans to launch additional drop off centers in North and South China by end of 2015 to benefit manufacturers in China. The new terminal in Shanghai is a dedicated facility for DHL eCommerce to tap on the burgeoning e-commerce sector in … [Read more...] about DHL eCommerce launches Shanghai terminal
Strong growth for time:matters, rev up 13%
Following the successful spin-out of Liefery, time:matters, the international expert for same-day delivery and special speed logistics, is reporting a very strong development in the core business the first six months of the current fiscal year showing more than 13 per cent increase in revenue as compared to the previous year. The company continued the positive developments of 2014, which was the strongest year in the history of the company, with a turnover growth of 10 per cent. The … [Read more...] about Strong growth for time:matters, rev up 13%
FedEx cuts transit time from 7 Chinese cities
FedEx Express has improved its international outbound express services covering FedEx International Priority and FedEx International Priority Freight in seven Chinese cities: Dalian, Yantai, Weihai, Jinan, Zibo, Zhengzhou and Chongqing. The transit time for shipments from these cities to the US, Europe and other parts of the world will be reduced by one to two business days, helping customers optimise their supply chains and strengthen their competitive edges in their target markets. “China … [Read more...] about FedEx cuts transit time from 7 Chinese cities
Alibaba continues crossborder e-commerce push
Alibaba has announced an expansion of its cross-border e-commerce initiatives, including the launch of 11 official country pavilions on its Tmall Global platform, as well as cooperative partnerships between Juhuasuan, Alibaba’s group-buying platform and 26 foreign embassies in China. The countries that will be featured on Tmall Global, an extension of Tmall. com, China’s largest third-party B2C platform for brands and retailers, will include the US, New Zealand, Australia, Switzerland, … [Read more...] about Alibaba continues crossborder e-commerce push