Pos Malaysia Bhd plans to invest as much as M$230 million to boost its efficiency and the bulk will be spent on a new mail processing centre. Managing director and chief executive officer Datuk Ikmal Hijaz Hashim said Pos Malaysia, whose mail and parcel delivery services makes up about 70 percent of group revenue, will spend M$69 million to buy a building, sprawled over 10ha in Kuala Lumpur's district of Shah Alam, from MT Picture Display (M) Sdn Bhd. The building will house Pos … [Read more...] about Pos M'sia to invest on efficiency improvement

Indian Airlines (IA) is planning tostart a dedicated freighter service fromJuly, the chairman and managing director,Dr V. Trivedi, said "We are likely tocall the new operations Indian cargo.The launch of the new service will notaffect the ongoing merger process.When the merger process gets underway,Indian cargo can be merged withthe new entity," Dr. Trivedi said. The airline has already announcedthat it would be launching the freighterservice by converting five Boeing 737-200 aircraft into … [Read more...] about INDIA: IA's 'Indian Cargo' from July

South African Airways (SAA) and Air Mauritius have reached a code-share agreement on the routes between Johannesburg, Durban, Cape Town and Mauritius. This new agreement is in addition to SAA's present daily flights between Johannesburg and Mauritius. SAA operates between Johannesburg and Mauritius seven days a week, while Air Mauritius operates five times to and from Johannesburg, twice a week to and from Cape Town and Durban respectively. A key focus for SAA is to expand its route … [Read more...] about AFRICA: SAA & Air Mauritius team up

FedEx Corp last month upgradedIndia from a country within a regionto a full region in its own right, theEconomic Times reported. FedExpreviously had five regions, each withits own vice president. These regions were the US, Canada,EMEA (Europe, Middle East, andAfrica), Latin America- Caribbean(LAC) and Asia-Pacific (APAC). Indiacame under EMEA and had JacquesCreeten as its managing directorreporting to his vice president in Brussels, Belgium. Since December 2006, however,in recognition of … [Read more...] about FedEx upgrades India presence

China seeks Q-Post's assistance The Chinese postal authorities havesought the co-operation of the Q-Postin developing a customer-friendly planwith which they felt could win visitorsduring the Olympic Games 2008 to beheld in Beijing, and the Asian Games(in 2010), Gulf Times reported. Speaking to the newspaper, chairmanand chief executive of the QPostAli Mohamed al-Ali said that theassociation with the Chinese sportsauthorities would help the postalcorporation receive more customersin … [Read more...] about China seeks Q-Post’s assistance

Deutsche Post AG chief executiveKlaus Zumwinkel is prepared tomake drastic price cuts in the Germanmail market should it lose significantmarket share to rivals when its virtualmonopoly on letter delivery expires in2008, the Financial Times Deutschlandreported. "If I lose too much market share, then I have some price cuts in reserve that will certainly throw our competitors into disarray," Zumwinkel said. Thechief executive did not provide furtherdetails on the possible price … [Read more...] about Deutsche Post threatens price war in 2008