DHL Global Forwarding has rolled out an integrated road freight network that now links five key Asian cities - Singapore, Penang, Bangkok, Hanoi and Shenzhen. DHL AsiaConnect was launched in 2011 connecting Singapore, Malaysia and Thailand and now links to the existing Vietnam-China corridor. DHL said the new service taps the acceleration of road freight growth in Asia Pacific which is forecast at an anticipated compound annual growth rate of 8.3 per cent from 2014-2019 and expected to drive … [Read more...] about Asia by road: DHL extends road network
AEC
Indonesia’s logistics industry to grow at 15.2%
Frost & Sullivan is expecting the transportation & logistics market to grow with expected CAGR 15.2 per cent in 2015. Gopal R, global vice president, transportation & logistics practice at Frost & Sullivan said that the industry is set to record strong double digit growth over the forecast period due to the continuous growth of the Indonesian economy driven by resilient domestic demand. Gopal R is expecting strong private consumption growth, higher trade growth, lower … [Read more...] about Indonesia’s logistics industry to grow at 15.2%
Indonesia's logistics industry to grow at 15.2%
Frost & Sullivan is expecting the transportation & logistics market to grow with expected CAGR 15.2 per cent in 2015. Gopal R, global vice president, transportation & logistics practice at Frost & Sullivan said that the industry is set to record strong double digit growth over the forecast period due to the continuous growth of the Indonesian economy driven by resilient domestic demand. Gopal R is expecting strong private consumption growth, higher trade growth, lower … [Read more...] about Indonesia's logistics industry to grow at 15.2%
ANA mulls cargo service to Malaysia or Vietnam
After recently announcing that it was launching a daily passenger service from Tokyo to Kuala Lumpur from 1 September this year, All-Nippon Airways (ANA) said it plans to launch freighter service to Malaysia or Vietnam. Tashiaki Toyama, ANA-Cargo’s executive vice president (global marketing), told Bernama: “In view of the impending formation of the Asean Economic Community (AEC), the region’s attractiveness has further increased. This will also intensify our all-cargo trade … [Read more...] about ANA mulls cargo service to Malaysia or Vietnam