Most logistics services providers in Vietnam have been operating for just fi ve years, with limited capital of 1.5 billion Vietnamese dong (US$93,700) each, local newspaper Vietnam News reported, without naming any source. Many logistics fi rms have not established representative offi ces abroad, were short of professionals and had limited understanding of international laws, particularly those relating to logistics services. There are nearly 900 companies involved in logistics services, of … [Read more...] about VIETNAM: Logistics firms face plenty of woes
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PHILIPPINES: Aboitiz logistics subsidiaries merge
Aboitiz One, Inc. has merged with Aboitiz, Inc., a subsidiary of Aboitiz Transport Systems Corp. to consolidate and strengthen its operations. Aboitiz One is a leading one-stop shop logistics solution and transportation services provider in the Philippines. Aboitiz Logistics provides various supply chain management and logistics services such as freight forwarding, container yard management, warehousing and distribution and trucking. – Edu Lopez … [Read more...] about PHILIPPINES: Aboitiz logistics subsidiaries merge
PHILIPPINES: Filipino carriers protest government plan
Local airlines, in a rare move, banded together to protest plans by the government to grant foreign airlines fullaccess to two international airports. Flag carrier Philippine Airlines, Cebu Pacifi c Air, Air Philippines, Asian Spirit and Pacifi c East Asia Cargo Airlines called an executive order issued by President Gloria Arroyo, yet to be signed, a“threat to the national interest.” The Fair Trade Alliance (FTA), meanwhile, urged the Civil Aviation Board (CAB) to defend the … [Read more...] about PHILIPPINES: Filipino carriers protest government plan
PHILIPPINES: Lufthansa Cargo opens new terminal
Lufthansa Cargo has opened its renovated offi ce and warehouse with a customer lounge for its clients, a live animal station and an enhanced security with closed circuit TV at Manila’s NinoAquino International Airport. Darryl Modelo, country sales manager of Lufthansa Cargo Philippines said the renovated cargo warehouse is intendedbetter serve Philippine customers. Mail boxes were also set up that would allow freight forwarders to have access with their documents 24 hours a day andseven … [Read more...] about PHILIPPINES: Lufthansa Cargo opens new terminal
MALAYSIA: Transmile adds DHL hub to US network
Transmile has started regular fl ights to Riverside airport in the Greater Los Angeles area, its second US destination in addition to the US service from Malaysia via Hong Kong that was launched last year. The Malaysian cargo airline launched its Riverside service with fi ve MD-11F fl ights a week. “I expect them to go up in three months. They’ll keep the schedule for the fi rst three months to see how it goes and then add service,” said Mark Yeager, general manager of the … [Read more...] about MALAYSIA: Transmile adds DHL hub to US network
MALAYSIA: Malaysia¡¯s FAX orders 10 Airbus A330
Fly Asian Xpress, owner of new Malaysian long-haul budget airline AirAsia X, last month placed an order for 10 new Airbus A330-300s with options for up to 15 more as it prepares for takeoff this year. The firm, a sister to fast-growing budget carrier AirAsia, said the order, worth a total of about US$2.6 billion at list prices, would be funded via private equity and bank debt. It would not rely on AirAsia to help fi nance them, said AirAsia chief Tony Fernandes, major investor in both airlines. … [Read more...] about MALAYSIA: Malaysia¡¯s FAX orders 10 Airbus A330
