DHL Global Forwarding has announced a fresh investment of US$8.8 million in New Zealand for a new 11,600 sqm facility adjacent to the Auckland International Airport. The new office and warehouse facility will support anticipated business growth and offer enhanced logistics solutions to customers from all industry sectors, the company said. “We have seen our business in New Zealand grow 20 per cent over the past two years with the life science pharmaceutical, industrial and FMCG sectors … [Read more...] about New US$8.8 million facility in NZ for DHL
Express
DHL opens new packaging centre in Malaysia
DHL recently unveiled its DHL Asia Pacific Packaging Center in Shah Alam, Selangor to tap into the packaging market in Asia Pacific estimated to be worth up to US$12.5 billion. DHL Supply Chain Asia Pacific expects to see this business grow by 15 per cent year-on-year over the next three years. The first-of-its-kind in Asia Pacific, DHL plans to establish up to six more centres in the region by 2012. Packaging services currently form 25 per cent of the contract logistics market in Asia … [Read more...] about DHL opens new packaging centre in Malaysia
UPS launches JV in Turkey
UPS has launched a new joint venture headquartered in Dubai to coordinate management and growth of UPS’ express package, freight forwarding and contract logistics services throughout the Middle East, Turkey and some portions of Central Asia. UPS will have a majority stake in the new venture, while Unsped Paket Servisi San ve Ticaret, its existing service agent in Turkey, will have a minority stake. “This joint venture will spearhead growth among our other service agents and … [Read more...] about UPS launches JV in Turkey
time:matters partners LOT Polish Airlines
time:matters, the express logistics subsidiary of the Lufthansa Group, has formed a partnership with LOT Polish Airlines. The new partnership will enable time:matters to access additional flights for the transport of same day shipments to Poland. Presently it can access just under twenty connections per day to and from Poland whilst following the agreement the amount of possible flights has doubled. Earlier this year time:matters forged agreements with Brussels Airlines and Cebu Pacific Cargo. … [Read more...] about time:matters partners LOT Polish Airlines
TNT ups capacity on Singapore-Balikpapan route
TNT has announced the expansion of its services in East Kalimantan with the operation of Boeing 737-300 leased cargo freighter to fly the Singapore – Balikpapan route. TNT said the freighter service, with a capacity of 16 tonnes will have a significant impact on its service capability in Balikpapan with a competitive price to customers mainly from mining, oil & energy industry. The service is being operated by TNT’s partner, Cardig Air, Indonesia’s only … [Read more...] about TNT ups capacity on Singapore-Balikpapan route
UPS sees net profit halved in Q2 from last year
UPS saw its net profit fall 49 per cent in the second quarter, to US$445 million with the company saying it expects the weak global economy to remain just as weak in the coming months. “The business environment in the third quarter should be similar to the second quarter,†UPS CFO Kurt Kuehn said. Overall revenue at UPS fell 16.7 per cent in the three months ending 30 June from the same period a year ago as volume across its domestic and international operations fell 4.7 per … [Read more...] about UPS sees net profit halved in Q2 from last year