TNT announced recently that it will make a further €4.5 million investment in its Asia Road Network (ARN), which currently serves six countries and 127 cities in Southeast Asia and southern China. This brings the total investment to date in the fully integrated ARN to morethan €12.5 million. Most of the new investment will be to acquire a fleet of trucks specially designed to suit pan-Asian routes. The 41-foot trucks and trailers are larger and more environmentally friendly than … [Read more...] about TNT further invests in ARN gets TAPA L1
Courier & Mail
TNT boosts China/Europe capacity
TNT is increasing its air freight capacity between China and Europe to meet growing demand, especially from the high-tech and fashion industries, with an additional B747-400ERF aircraft between China and its European air hub in Liege, Belgium. TNT will increase its service frequency to six flights per week from Shanghai and five flights per week from Hong Kong. Chinese exports to Europe rose almost 50 per cent during the first five months of 2010 from a year before, according to the Chinese … [Read more...] about TNT boosts China/Europe capacity
China Post to list unit next year
China Post, the government postal service of China, is planning to list the shares of China Postal Express & Logistics Corporation, its express and logistics unit, in Shanghai or Shenzhen next year. The integrated unit was set up with a registered capital of 200 million yuan (US$29.5 million) on 29 June and combines the express and logistics operations of the group. Liu Andong, general manager of China Post, said the integration of the express unit EMS Corporation and the logistics arm … [Read more...] about China Post to list unit next year
FedEx ups capacity on Singapore-Memphis lane
FedEx Express has launched its fourth new B777F on flights from Singapore to the FedEx Super Hub in Memphis, Tennessee, via Osaka, Japan, replacing an MD-11F aircraft. The service will operate five times a week in response to what FedEx said was an “anticipated increase in cargo transportation demand in Singapore.†Singapore was the US’ tenth largest export market in the first three months of 2010, up from 11th place in the first three months of 2009, with exports to … [Read more...] about FedEx ups capacity on Singapore-Memphis lane
Cargo demand continues to recover: IATA
The International Air Transport Association (IATA) announced international scheduled traffic statistics for June which showed continued strong demand growth as the industry recovers from the impact of the global financial crisis. Compared to June 2009, international scheduled freight traffic showed a healthy 26.5 per cent improvement while international passenger demand was up 11.9 per cent. International freight demand growth was down from the 34 per cent recorded in May 2010. May was … [Read more...] about Cargo demand continues to recover: IATA
German lobby group warns night curfews killing competitiveness
Dubbed "Cargo Needs the Night", a new lobby group has been established in Germany with high-profile support from Lufthansa Cargo and major industry associations. They warned that Germany is losing its competitiveness and practicable night flight regulations in Germany must be crafted. These include the Association of German Freight Forwarders and Logistics Operators (DSLV), the Federal Association of Road Haulage, Logistics and Disposal (BGL), the Forwarding and Logistics Association of … [Read more...] about German lobby group warns night curfews killing competitiveness