The head of DHL Global Forwarding (DHL GF), the world's largest forwarder, said the company expects shipping volume - both air and ocean shipments - around the world to decline 20 per cent in the first half of 2009 and 10 per cent for the full year, based on ongoing shipment data this year and reports from customers. Hermann Ude, chief executive officer of DHL Global Forwarding and Freight, said business out of Asia is particularly weak, with exports from China and Hong Kong, leading the … [Read more...] about DHL forecasts 20% cargo drop, 1st improvement 2010
Freight Forwarders
China air traffic growth slows to single digits
China's air travel growth fell into single digits, the first time in five years, as a slowing economy hit air travel demand, according to official data. Chinese carriers handled 4.03 million tonnes of cargo last year, up 0.3 per cent from a year earlier, and 191.91 million passengers last year, up 3.3 per cent from 2007, the Civil Aviation Administration of China said on its website. Passenger traffic in December rose 8.2 per cent to 15.67 million, but freight volume fell 15.2 per cent to … [Read more...] about China air traffic growth slows to single digits
Penang air freight volumes take a hit
Penang air freight volumes take a hit The electronics and semi-conductor focused Malaysian island of Penang has taken a hit from the global economic downturn, with Penang Freight Forwarders Association (PAFFA) president Joachim Loo saying December was the worst month in the past seven years for the air freight business. ¡°For the air-freight business, the inbound segment dropped by 52 per cent in December to 2,838 tonnes from 5,850 tonnes a year earlier. The export segment declined by 32 per … [Read more...] about Penang air freight volumes take a hit
DHL links Europe to the ME by road
DHL Freight, the overland transport business of German global logistics group Deutsche Post World Net, has announced the launch of a regular road freight service between Europe and the Middle East, which it is touting as a lower cost alternative to air freight with faster transit times than ocean freight. "For shipments to and from the fast-growing Middle East region, DHL customers can now choose the most suitable mode of transport depending on the time/cost restraints associated with each … [Read more...] about DHL links Europe to the ME by road
BIFA gives thumbs-up to 3rd Heathrow runway
The British International Freight Association (BIFA) has given qualified support to the UK government's decision to allow a third runway at Heathrow airport. "The stringent environmental conditions attached to the go-ahead, the possibility that a future administration could reverse the decision and the likelihood of a lengthy planning process means that this is far from a 'done-deal', " said BIFA Director General, Peter Quantrill. "Investment in an essential part of the UK's infrastructure is … [Read more...] about BIFA gives thumbs-up to 3rd Heathrow runway
Panalpina makes smooth Nigerian domestic exit
Panalpina has said it made a “smooth withdrawal” from Nigeria after incurring major and costly problems in that West African market over the last couple of years. The Switzerland-based global forwarder and logistics provider said it would concentrate its future activities in Nigeria on transport services up to arrival at port or airport. All domestic services, including customs clearance, had been discontinued. “It was very important for us to ensure that the … [Read more...] about Panalpina makes smooth Nigerian domestic exit
