DHL was appointed the official Fashion Logistics Partner of the Colombo Fashion Week, which ran the first week of February. With this partnership, DHL said it was seeking to encourage and promote commerce between regional designers and retailers and focuses on uplifting the fashion industry in Sri Lanka. The international fashion and textile industry represents one of the most important sectors for DHL. DHL estimates the Fashion and Apparel Logistics industry to be worth US$3.9 billion per … [Read more...] about DHL Sri Lanka partners Colombo Fashion Week
Express
UPS wins Crane inventory management deal
Crane Aerospace & Electronics has signed a Master Services Agreement with UPS recently. Under the deal UPS will manage Crane-owned inventories of new and serviceable assemblies in various locations throughout the world. The inventories will be available for immediate shipment to Crane’s customers on a 24/7 basis. The first UPS location to manage Crane inventories will be in Singapore. Initial inventories will include fuel transfer pumps, lube and scavenge pumps, and anti-skid brake … [Read more...] about UPS wins Crane inventory management deal
UPS reports full-year profit, but down 28%
UPS has reported significant fourthquarter improvement, closing out the year with a US$2.15 billion profit, albeit down 28.3 per cent from the $3 billion earned in 2008. Full-year revenue fell 12 per cent to $45.3 billion while the company’s operating profit slipped 29.4 per cent to $3.8 billion from $5.38 billion. … [Read more...] about UPS reports full-year profit, but down 28%
FedEx launches dieselelectric hybrids in HK
FedEx Express has deployed the first ever diesel-electric hybrid trucks to ply the roads of Hong Kong. The two FedEx Express hybrid trucks, manufactured by HINO, will help improve the city’s environment by reducing carbon output by 30 per cent compared to diesel vehicles that FedEx is currently using. … [Read more...] about FedEx launches dieselelectric hybrids in HK
“Panda Express” delivers siblings to Chengdu
Two giant pandas received a complementary ride from the US to Chengdu, China last month courtesy of FedEx Express. Tai Shan, a four-and-a-half-yearold male panda born at the Smithsonian’s National Zoo in Washington, D.C., and Mei Lan, a three-year-old female panda born at Zoo Atlanta, landed at China’s Chengdu Shuangliu Airport aboard a custom-decaled FedEx 777 Freighter, dubbed the ‘FedEx Panda Express’. Upon arrival, the pandas were transported to … [Read more...] about “Panda Express” delivers siblings to Chengdu
UPS opens new intra-Asia hub at Shenzhen
UPS launched its inaugural flight at Shenzhen’s Bao’an International Airport on 9 February, marking the opening of its new intra-Asia hub, replacing operations at the former Clark Air Force Base in the Philippines. The new US$180 million UPS Asia-Pacific hub has 400 staff and is capable of sorting 18,000 packages an hour, according to UPS. The International Cargo Centre Shenzhen (ICCS) will provide one-stop ground handling operations to UPS along with all freighter … [Read more...] about UPS opens new intra-Asia hub at Shenzhen