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Managing the risks of China's air cargo

by Payload Asia

Despite China’s rapid economic growth, the air cargo sector has proven a bumpy ride for many fi rms, and there’smore turbulence ahead. China’s economy has transformed radically in the past three decades: annual GDP growth has averaged 9% since reforms began in 1978, and in the past fi ve years alone, the value of China’s exports has nearly quadrupled, reaching$1 trillion in 2006. Chinese factories have progressed from supplying worldwide markets with parts and … [Read more...] about Managing the risks of China's air cargo

European logistics enjoy 'solid' year

by Payload Asia

The contract logistics market in Western Europe grew by 6.7 percent in 2006 to reach 49 billion euros. This is one of the key fi ndings in “European Transport and Logistics Markets 2007”, the latest report to be published by UKbased research organisation Transport Intelligence. Some of the highest rates of growth were in the Nordic region. Finland in particular has benefi ted from increasing trade with Russia, and is well on the way towards positioning itself as a gateway to the … [Read more...] about European logistics enjoy 'solid' year

Thailand's logistics costs too high

by Payload Asia

Thailand's actual logistics costs index this year should not be above its previous forecast of 23.9 percent of gross domestic product, the Nation reported, citing Thammasat Business School associate professor Ruth Banomyong. While he declined to give details on the forecast for 2008, he said the high fi gures for logistics costs, including almost 50 percent of total logistics costs from transportation, indicate that the country still lacks competitiveness due to its high costs in inventory … [Read more...] about Thailand's logistics costs too high

TNT weighs up "final mile" service

by Payload Asia

Mail operator TNT has said it will decide in the next year whether to take on Royal Mail by launching a‘fi nal mile’ delivery service in theUK. The service would focus on bulkmail such as direct mail. Dutch fi rmTNT’s planned decision over whetherto launch the service has been acceleratedby the ongoing strike action atRoyal Mail. TNT has already run trials of a fi nal-mile service in Manchester and Glasgow, and is now looking at a national network. Chief executive Peter … [Read more...] about TNT weighs up "final mile" service

FedEx to expand Kinko's network

by Payload Asia

FedEx Kinko’s has announced a major expansion plan to open 300 new offi ce and print centres in the US throughout fi scal 2008. The company also will redesign 110 existing centres. FedEx Kinko’s currently has more than 1,700 locations in operation in the US. The company said it also plans to open twenty new centres outside the US during fi scal 2008. These new centres will be focused in the Asia- Pacifi c region, with twelve in China, four in Japan, two in Korea, and one in … [Read more...] about FedEx to expand Kinko's network