FedEx Express recently broke ground on its largest solar facility and first outside the US, when it began construction of its new Central and Eastern European gateway at the Cologne/Bonn airport in Germany. The hub is slated for completion in 2010. The facility will be equipped with new ramp, freight and sort facilities with a fullyautomated sort system that will cover a floor space of approximately 50,000 square meters. FedEx opted to build its new hub in Cologne because of the … [Read more...] about FedEx breaks ground on largest solar facility
Express
Gloomy outlook from TNT
Netherlands-based express and mail company, TNT has issued a pessimistic 'trading statement' prompted by deteriorating economic conditions in Europe and aimed at addressing concerns as to the company's financial position. It pointed to what it said were "deteriorating trading conditions in TNT's European Express business [which] have significantly worsened in September." It added that, based on the volume patterns in the first two weeks of October, TNT expects this pressure to continue in the … [Read more...] about Gloomy outlook from TNT
Blue Dart's sales up, profit down
Blue Dart Express Ltd sees its quarterly sales climb as profit drops year-on-year. Income from operations for the quarter ended 30 September ‘08 was INR 2,628.4 million, compared to INR 2,073 million a year earlier. Profit after tax for the quarter was INR 135.8 million compared to INR 174.3 million in the corresponding quarter a year earlier. “Our results are a validation of our customer’s faith in us and of our commitment to serve their business,” said Anil Khanna, … [Read more...] about Blue Dart's sales up, profit down
India: Bright outlook for Indian express sector: Fedex
The express sector in India has a bright outlook according to Rajesh Subramaniam, senior VP, International Marketing, FedEx Services. “As a fastgrowing, market-driven economy, we believe India is poised to take a leadingrole on the world’s stage,” he said in an interview with India’s Business Line. India’s logistics industry is set to see tremendous growth with estimates forecasting the logistic business is expected to reach a market size of over US$125 billion … [Read more...] about India: Bright outlook for Indian express sector: Fedex
DHL
DHL has announced the appointment of Hans Hickler as CEO for its Global Customer Solutions (GCS) organisation, responsible for the customer relationship management of the group’s largest customers worldwide. DHL, part of German global mail, express and logistics group Deutsche Post World Net, said Hickler would play a key role in continuing to maximise customer relationship management on a global scale. In addition to his new role, Hickler is also chairman of the DHL Global Commercial … [Read more...] about DHL
DHL doubles Central Asia Hub
The early expansion of the hub reflects both the meteoric growth of the express logistics market in both China and the intra-Asian markets, as well as the continuing importance of HongKong as an international cargo hub. “The Central Asia Hub expansion is really a story of growth,” said Dan McHugh, chief executive officer, DHL Express Asia Pacific. “It reflects the importance of Hong Kong, the importance of China and also DHL’s global footprint.” he … [Read more...] about DHL doubles Central Asia Hub
