UPS and P&T Express JSC (known domestically as VN Post Express JSC) have established UPS Vietnam as a joint stock company to expand UPS’ footprint and better serve customers in Vietnam. Through the joint stock company, UPS said it will invest in new facilities in key commercial and industrial centres across Vietnam to widen access to growing intra-Asian capability and connect to the global UPS network. UPS will extend its express pickup and delivery service to 63 provinces in … [Read more...] about UPS expands Vietnam footprint
Air Freight Asia
FedEx Trade Networks opens EMEA offices
FedEx Trade Networks has opened three additional offices in its Europe, Middle East and Africa (EMEA) region. This latest step in the company’s global expansion plan includes new operations in Warsaw and Gdynia, Poland and Dubai, United Arab Emirates. FedEx noted that the strength of the Polish economy, in addition to its central location in Europe and on the Baltic Sea, will enable significant intra-European trade via the offices in Warsaw and Gdynia. As one of the fastest growing … [Read more...] about FedEx Trade Networks opens EMEA offices
Panalpina charters AN225 to China
Global forwarding and logistics service provider Panalpina recently chartered an Antonov AN 225 freighter aircraft to transport high-tech machinery from Hamburg, Germany to Shijiazhuang, China with stop-overs in Minsk and Novosibirsk. The freight comprised two laser welding machines weighing nearly 150 tonnes and could not be loaded into a Boeing 747 freighter and ocean freight was not an alternative because the hightech equipment was urgently needed at destination, according to Panalpina. … [Read more...] about Panalpina charters AN225 to China
DHL opens US$1.5M facility in Vietnam
DHL has announced that its Supply Chain division is investing more than US$1.5 million to build a new DHL Distribution Center at Vietnam’s Inland Clearance Depot Song Than, Binh Duong, located some 20km from Ho Chi Minh city centre. The centre will comprise a 15,000 square metre builtto- suit, multi-user warehouse and is part of overall plans to expand DHL Supply Chain’s footprint throughout Vietnam, the company said. Occupying a total land area of 60,000m2, the site … [Read more...] about DHL opens US$1.5M facility in Vietnam
DHL to invest 50M to grow service logistics stake
Aiming to capture a growing slice of the €3 billion outsourced Service Logistics market in Asia Pacific, DHL Supply Chain has announced plans to invest €50 million over the next five years to grow its Technical Services offering, part of its overall Service Logistics solution. DHL has also appointed an IT industry veteran to head this sector and opened its first technical services competency centre in Asia, co-located at its 200,000 sq ft Penang Logistics Hub in Malaysia offering … [Read more...] about DHL to invest 50M to grow service logistics stake
MergeGlobal boss gives pessimistic view of air cargo
The next two years will not be plain sailing for airlines despite an encouraging recovery in the freight market since last fall, according to David Hoppin, managing director of transportand logistics analyst MergeGlobal. Airfreight shrank by an unprecedented 26 per cent in value terms in 2009, from US$60.7 billion to $44.9 billion. By February 2010, volumes were still nine per cent below the peak of two years ago and while Hoppin does not think a double-dip recession is inevitable, he did … [Read more...] about MergeGlobal boss gives pessimistic view of air cargo
