Air cargo markets in Asia* will continueto lead global industry growthto 2025, says Boeing cargo marketregional director Tom Hoang. The USmanufacturer predicts that Chinesedomestic and intra-Asian markets willexpand annually at 10.8 percent and8.6 percent, respectively, comparedwith an expected 6.1 percent globalrate ? sufficient to triple current trafficrates by 2025. Boeing says that the mature Europeanand North American** marketswill see slower expansion and lowerthan-average growth. Their … [Read more...] about Asia to retain air cargo lead
Courier & Mail
Forwarders complain about security costs
Freight forwarders and logisticscompanies in the United Arab Emiratesare fretting over high costs of installingmandatory security equipment anddeclining profit margins due to escalatingexpenses. Governments across theworld are introducing new securityregulations to make movement of seaand air cargo safer. Airlines, shipping lines and logisticscompanies are being told to acquire advancedequipment like x-ray machinesand surveillance cameras to ensure thatterrorists do not use global … [Read more...] about Forwarders complain about security costs
SPI acquires customs agency
Swiss Post International (SPI) hastaken over Basel-based customs agency,FM Verzollungs AG. The company already works for SwissPost GLS and handles import and exportcustoms clearance on its behalf. SPI said in a statement that the acquisitionwill strengthen its positionas a leading provider of import andexport services. At the same time, SPIis expanding its capacity to tackle thenew tasks that will arise out of the newCustoms Ordinance. The Ordinance isscheduled to take effect in May … [Read more...] about SPI acquires customs agency
DHL expands TDD service to Vietnam
DHL has expanded itsTime Definite Delivery (TDD)service to Vietnam. A suite oftime-definite delivery products,DHL's TDD portfoliocomprises StartDay Expressfor guaranteed delivery by 9a.m., and MidDay Express fordelivery by noon. With this latest serviceenhancement, DHL will startproviding MidDay Express forVietnam-bound documents.Customers in Japan will nowbe able to send documentsto Vietnam by noon of thenext business day. DHL saidit expects increased demandfor MidDay Express … [Read more...] about DHL expands TDD service to Vietnam
Hong Kong Airlines
Hong Kong-based CR Airways hasbeen renamed Hong Kong Airlines.The carrier operates three B737-800sand has signed a MoU for 10 787s and30 737s. … [Read more...] about Hong Kong Airlines
BA World Cargo
BA World Cargo has increased thenumber of its short-haul freighter servicesit runs in Europe by 40 percentfollowing a multi-million pound investment.From the end of January 2007,the new schedule in co-operation with DHL, will deliver 45 weekly wide-bodyservices (previously 32 services) across11 European destinations. … [Read more...] about BA World Cargo
