India's express industry isexpected to register a growthof at least 20 percent perannum during the next fiveyears and more than doubleits size by 2012, accordingto a study by rating agencyCredit Analysis & Research(CARE). Opening of banking,insurance, retail, aviationand telecom sectors and theirpenetration to smaller citieswould be the major growthdriver. According to CARE, thesize of India's courier industrycurrently stands ataround Rs 7,100 crore andis estimated to have grownat 33 … [Read more...] about Indian express industry set to grow
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DHL reports strong growth in Russia
DHL Express Russia continuesits strong performancewith a revenue growth ofnearly 50 percent in 2006 andshipment volumes increasingby 30 percent in the sameperiod. The company continuesto expand its domestic roadnetwork, connecting keyeconomic and fast growingcentres of the country. Thisalso includes direct roadlinkages with major Europeancountries and cities.Six new service points wereopened in 2006 and this yearthe company plans to openover 20 new service pointsin Russia's largest cities. … [Read more...] about DHL reports strong growth in Russia
UPS denies plans to cancel A380 order
UPS has denied newspaperreports that it plansto cancel its order for 10A380Fs. The cargo carrieris the last customer for thefreighter version of the aircraft.Earlier, rival FedEx cancelledits order for 10 A380Fsin November and placed anorder for 15 777Fs with 15options instead. French newspaper LesEchos reported last monththat UPS would cancel theorder, but the company clarifiedthe report by saying thatno decision had been madeand that it was continuingtalks with Airbus about a … [Read more...] about UPS denies plans to cancel A380 order
Alcoa-SIE Cargo Conversions
US-based Alcoa-SIE Cargo Conversionsredelivered its first 757-200ASFto BBAM following conversion of theaircraft by Canada-based Cascade Aerospace.BBAM will announce a lessee forthe aircraft shortly. … [Read more...] about Alcoa-SIE Cargo Conversions
MIDDLE EAST: Emirates plans to expand in Americas
Emirates airlines is expected tomake major inroads into North andSouth America this year, Gulf Newsreported, citing sources familiar withits expansion plans. The Dubai-based carrier, whichrecently announced several enhancementsto its existing network as wellas new routes it would add in 2007, islikely to launch commercial servicesto Sao Paolo, Brazil, in October, andis also working hard to fly to BuenosAires, Argentina. Additionally, Emirates is said tobe discussing landing fees for a … [Read more...] about MIDDLE EAST: Emirates plans to expand in Americas
INDIA: Skycooler names sales agents
Following the recent launch ofSkycooler, a specialist cooltainer leasingcompany, the company is furtherdeveloping its global network throughthe appointment of sales agents DRHLogistics in Sri Lanka, which will representSkycooler throughout the Indiansub-continent. Skycoolers CEO Graham Walterssaid: "Cool-chain services are becomingincreasingly important productsfor airlines and logistics providers tooffer their customers, which makes thetiming of Skycoolers launch and globaldevelopments … [Read more...] about INDIA: Skycooler names sales agents
