Hong Kong's air cargo throughputfrom Mainland China passing through the territory will drop as trade growthbetween China and North Asia shiftsmore of the flow further north, theSouth China Morning Post reported,citing a senior DHL Express official. "Further trade links between Japan,South Korea and China mean fewershipments in and out of Hong Kong," DHL Asia Pacific chief executive ScottPrice said. DHL channels 70 percent of itsChina consignments through its southernChina hub in … [Read more...] about HONG KONG: HKG throughput in danger: DHL
Freight Forwarders
ACMG publishes annual analysis
Air Cargo Management Group's newly-released International Air Freight andExpress Industry Performance Analysis2006 provides a detailed assessmentof the international air cargo/expressindustry and the companies that competein this evolving market. Publishedannually since 1994, this 200-pagestudy provides the only comprehensivequantitative and qualitative independentanalysis of the US$71 billion globalair cargo industry. ACMG's new reportshows that the industry grew at a midsingle-digit rate in … [Read more...] about ACMG publishes annual analysis
Dnata gets room to grow at last
With the opening of a new cargo terminal,Dnata will finally get some much needed roomto breathe at Dubai. Peter Conway explores theimplications, and the handler’s plans for thenew airport at Jebel Ali. There will be an almost audible sighof relief at Dubai handlers Dnata atthe end of February, as its new cargoterminal – formerly known as phasethree of the Freezone Logistics Centre,now dubbed FreightGate 5 – finallycomes on line. The new facility will in effect be a … [Read more...] about Dnata gets room to grow at last
FIFI
The train was quite crowded,so a U. S. Marine walked the entirelength looking for a seat, but the onlyseat left was taken by a well dressed,middle-aged French woman's poodle. The war weary Marine asked,'Ma'am, may I have that seat?' The French woman just sniffed and said to no one in particular 'Americans are so rude. My little Fifi is using that seat.' The Marine walked the entire trainagain, but the only seat left was underthat dog. 'Please, ma'am. May I sitdown? I'm very … [Read more...] about FIFI
INDONESIA: IPO of Garuda awaits strategic partner
Flag carrier Garuda Indonesia mayhave to extend the waiting period foran initial public offering. The Departmentof State Owned Enterprises(SOE) has scheduled the carrier and itssubsidiary companies for initial publicoffering/IPO this year 2007. However, the company is still uncertainas it is waiting for strategicinvestors to join. It is planned thatthe government, as the carrier's soleshareholder, will release 49 percent ofshares to strategic partners. The government has agreed torelease … [Read more...] about INDONESIA: IPO of Garuda awaits strategic partner
Continental Airlines
Continental Airlines has announcedthe appointment of Wyn Li as countrydirector of Hong Kong, Macau, andSouthern China. He will be responsible for all salesand marketing activities and the overallleadership of that region. Li was previously regional marketingmanager, Pacific (South) and generalmanager sales and marketing HongKong for a legacy US carrier. Prior to that, he was at SingaporeAirlines as manager loyal marketing,programme development in the carrier'shead office. … [Read more...] about Continental Airlines