The Japan Post group, to be born via privatisation in October, will consist of five companies, including the mail delivery company that plans to enter the direct mail service sector, which is the turf of private home delivery companies. The mail delivery company, which have more than 100,000 employees, expects to record modest profits. Japan Post’s privatisation plan, sent for approval on Friday to internal affairs minister Yoshihide Suga by Japan Post Corp., a privatization … [Read more...] about Japan Post’s mail delivery unit to enter direct mail service
Express
HAFFA chairman reelect
The Hongkong Association of Freight Forwarding and Logistics Limited (HAFFA), has elected Kelvin Leung as association chairman for a third term. Leung, who is currently the vice president South China, Hong Kong & Macau of DHL Global Forwarding, said the association will continue working closely with members and the government to further freight forwarding and logistics industry development, improve the territory’s competitiveness and strengthen Hong Kong’s position as the … [Read more...] about HAFFA chairman reelect
HAFFA urges common stand on confusing ACISP rules
The All Cargo International Security Programme (ACISP), which was unilaterally imposed by the US Transportation Security Administration (TSA) in March, is causing confusion in the air cargo community and has increased the administrative burden for the forwarders, the Hongkong Association of Freight Forwarding & Logistics (HAFFA) has claimed. According to HAFFA, one of the ACISP rules stipulates that any shipment over 68 kg bound for the US on board a cargo carrier must be packed in … [Read more...] about HAFFA urges common stand on confusing ACISP rules
Oak Hill Capital orders six 777Fs
Boeing and leading private equity firm, Oak Hill Capital Partners, have announced an order for six Boeing 777 Freighters. The order is valued at about $1.4 billion, at list prices. The six-airplane order brings Boeing’s total for the twinengine freighter to 71 airplanes from 10 customers since its launch in May 2005. Oak Hill will be purchasing these planes through a new aircraft leasing platform that it is establishing in connection with the purchase. The 777 Freighter is based on … [Read more...] about Oak Hill Capital orders six 777Fs
Trans-Soft, CargoWise edi sign strategic alliance
US-based provider of software products and services for the US domestic forwarding community, Trans-Soft, Inc., has announced a strategic alliance with CargoWise edi, the Sydney, Australia-based provider of forwarding and brokerage software for the international marketplace. The alliance combines CargoWise edi’s expertise in the global freight forwarding market with Trans-Soft’s strengths in the US market to deliver I.T. solutions to businesses throughout the world. Under the … [Read more...] about Trans-Soft, CargoWise edi sign strategic alliance
Air France places US$7b plane orders
Air France last month announced a US$7 billion aircraft order, split between Airbus and Boeing, Reuters reported. The deals include an order for two more A380 superjumbos, whose two-year production delays have left manufacturer Airbus facing penalties to airlines. Air France said it had also placed orders for 30 A320-family single-aisle aircraft from Airbus and 18 wide-body 777 long-haul aircraft from Boeing, including five 777 freighters. The Boeing 777 order is designed to help phase out … [Read more...] about Air France places US$7b plane orders
