Freight Forwarders

China’s freight forwarders target emerging markets

by Payload Asia

China’s SME freight forwarders are refocusing their marketing efforts on developing business in the emerging markets of Africa, Central Asia and Central Europe according to Henrik Christensen, Chairman and CEO of the China Logistics Club. Trade between Africa and China exceeded US$75 billion in 2007; having grown by 43 per cent annually on a compound basis for the last 5 years. Soaring trade between Africa and China is a contributing factor in the continent’s fastest economic … [Read more...] about China’s freight forwarders target emerging markets

China's freight forwarders target emerging markets

by Payload Asia

China’s SME freight forwarders are refocusing their marketing efforts on developing business in the emerging markets of Africa, Central Asia and Central Europe according to Henrik Christensen, Chairman and CEO of the China Logistics Club. Trade between Africa and China exceeded US$75 billion in 2007; having grown by 43 per cent annually on a compound basis for the last 5 years. Soaring trade between Africa and China is a contributing factor in the continent’s fastest economic … [Read more...] about China's freight forwarders target emerging markets

India’s Postal Department incurs losses

by Payload Asia

In the past five years, the Department of Posts’ (DoP) mail traffic has registered a decline of nearly 50 percent due to increased competition from private couriers and other new modes of communication, especially the value-added services in the telecom sector, The Hindureported. According to a recent DoP’s performance audit report, DoP had failed to improve its operational efficiency, reduce staff costs and modernise its operations to render better services to the customer. … [Read more...] about India’s Postal Department incurs losses

Air France places US$7b plane orders

by Payload Asia

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

Cologne expects major traffic changes

by Payload Asia

Cologne airport (CGN) said it will strengthen its general cargo business by convincing additional cargo carriers to serve the Rhine airport. “Presently, about 90 percent of our total tonnage consists of express shipments which are being flown mostly at night times,” said CGN’s general manager Michael Garvens. “However, for a better utilisation of our infrastructure we are keen to attract additional cargo airlines to fly here,” he added. The first encouraging … [Read more...] about Cologne expects major traffic changes