Blue skies ahead: Carriers in Asia more optimistic than their counterparts elsewhere. Japan’s two largest airlines saw their declines in international cargo volumes continue to slow in May. Japan Airlines, the country’s largest carrier said that its international cargo volume declined for the 10th consecutive month in May, falling 21.7 per cent to 40,079 tonnes, year-on-year, a significant improvement on the 28.7 per cent plummet recorded in April. … [Read more...] about JAPAN: Japanese cargo slump slows
Air Freight Asia
Apple again tops global Supply Chain Top 25
AMR Research, a US-based research and consultancy firm, has released its annual Supply Chain Top 25 for 2009, identifying what it said are the Fortune Global 500 companies that have best demonstrated leadership in managing global supply chains “built to serve customers with both operational and innovation excellenceâ€Â. The ranking is based on a detailed paradigm that includes both peer and AMR researchopinion. “Since 2004 we have chronicled the emergence of new ideas, like … [Read more...] about Apple again tops global Supply Chain Top 25
K+N profits down 16%, but still in the black
Kuehne + Nagel has announced its net profit fell 16.1 per cent in the second quarter compared with a year ago as the global economic slowdown depressed ocean and air freight traffic. The Swiss logistics giant booked net profit of US$120.7 million in the three months to 30 June as revenue slid 21.9 per cent to $3.9 billion. Net profit in the first six months fell 16.2 per cent to $241 million from the same period in 2008 as revenue shrank 20.6 per cent to $7.9 billion. The Zurich-based … [Read more...] about K+N profits down 16%, but still in the black
Schenker inaugurates new Euro air freight hub
DB Schenker inaugurated its new €50 million European air freight hub at Frankfurt Airport this week, with operations to begin in early August which will see import and export units currently operating at different sites merged into a single unit at the airport. “This European hub is an essential turntable within our international air freight network. It will contribute to expand our position in the global competition,†said member of the Management Board of DB Mobility … [Read more...] about Schenker inaugurates new Euro air freight hub
C.H. Robinson acquires UK-based forwarder
US-based logistics provider, C.H. Robinson, has acquired London based freight forwarding company Walker Logistics Overseas, which caters primarily to customers in the electronics telecommunications, medicals, sporting goods and military industries. Walker, established in 1977, is a global, fully integrated import and export door-todoor provider specialising in air and ocean freight, warehousing, courier, and logistics solutions with five offices in the UK, Ireland, and the Netherlands. … [Read more...] about C.H. Robinson acquires UK-based forwarder
Schenker opens new semiconductor facility
DB Schenker has extended its involvement in the Korean logistics market with the start of operations of Schenker Korea Ltd’s semiconductor distribution centre at its Korea Logistics Center in the Free Trade Zone at Incheon Airport. The first of its kind in Korea, the facility began operations recently for Dutch company ASML – a leading provider of lithography systems for the semiconductor industry that are critical to the production of integrated circuits, or chips. The … [Read more...] about Schenker opens new semiconductor facility
