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
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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
GWC, Agility Qatar plan to merge
Agility Qatar has announced that it has signed a Memorandum of Understanding to enter into merger discussions with the Gulf Warehousing Company (GWC), a company listed on the Doha Securities Market. The new entity will be called GWC ¨C Agility. "This is clearly a defining moment for both Agility and GWC," said Elias Monem, Agility CEO for Middle East and Africa. "We are entering into a new era of unprecedented growth, and this merger would increase our commitment to development in the State of … [Read more...] about GWC, Agility Qatar plan to merge
Plummeting volumes for JAL and ANA
Japan Airlines, Asia¡¯s biggest air carrier, said international cargo volume declined for five months in a row to November, when volume plummeted 25.1 per cent to 47,000 tonnes. During the first eight months of the fiscal year 2008, which started in April, international volume totaled 434,943 tonnes, down 7.8 per cent from the same period a year earlier. By comparison, JAL's domestic cargo in November increased 13 per cent on-year and year-to-date. Japan¡¯s second-largest airline, All Nippon … [Read more...] about Plummeting volumes for JAL and ANA
Possible Alitalia cargo sale nears
Alitalia¡¯s bankruptcy administrator is close to selling the cargo unit of Italy¡¯s former state-owned airline. Alitalia's Extraordinary Administrator, Augusto Fantozzi has set a 29 January deadline for companies to make offers for the cargo unit¡¯s five MD-11 freighters and its other assets. This will be followed immediately by a public tender. The cargo unit was not included in the US$1 billion acquisition of Italy's national carrier by CAI, an Italian investor group, which launched a … [Read more...] about Possible Alitalia cargo sale nears
More bad news from China carriers
Air China and Shanghai Airlines joined China Southern Airlines and China Eastern Airlines in announcing that they expect to report losses for 2008. Both carriers cited declining market demand along with the impact of May's Sichuan earthquakes, stricter security measures surrounding the Beijing Olympics, the global financial crisis and the mid-year spike in fuel prices, followed by fuel hedge losses. Air China noted that it suffered a US$993.3 million loss resulting from a writedown in the value … [Read more...] about More bad news from China carriers
