Air Freight Logistics

IATA blasts AoT's fee hikes at meeting

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Bangkok's Suvarnabhumi Airport is profi ting at the expense of airlines by abusing its monopoly status by imposing excessive landing and parking charges, the International Air Transport Association (IATA) claimed at its 63rd annual general meeting held in Vancouver lastmonth. The meeting also heard that the airport operators in Auckland, Sydney, Hong Kong, Seoul and Johannesburg had reaped profi t margins of more than 40 percent, while airlines have seen their cost savings - $1.9 billion … [Read more...] about IATA blasts AoT's fee hikes at meeting

Globe Express expands in Vietnam & South India

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Globe Express Services (GES) has opened new offi ces in Hanoi, Chennai and Bangalore. The Hanoi offi ce started operations last month. The move comes a year after the company's Ho Chi Minh branch was granted joint venture statusby the central Vietnamese government. "Globe Express Services believes in the growth potential of Vietnam as an emerging economy," commented Georges Mejaes, the company's regional director, Far East. "Many of our customers have expressed a strong … [Read more...] about Globe Express expands in Vietnam & South India

Swift Global Logistics opens new S'pore office

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Swift Global Logistics has announced the opening of its Singapore office, set to start operations on August 1, bringing the Swift network to a total of 39 offices in 18 countries. Swift Global Logistics is an international freight forwarder and logistics provider. It is part of the Dubai-based Swift Group. Providing a comprehensive range of freight logistics solutions, Swift Global Logistics offers global connections through its network of offices throughout Africa, the Middle East, the Far … [Read more...] about Swift Global Logistics opens new S'pore office

China's development in logistics is lagging

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The gap in logistics know-how between China and the West remains large in management, training and IT applications, says Luo Kaifu, vice president of the International Federation of Freight Forwarders Associations (FIATA). Speaking at the recent 4th Annual Sino-International Freight Forwarders Conference in Guangzhou, Luo said: "If we take the logistics development level of the western countries as 100 percent, then that of China would be 40 - which means that the gap is still very big." … [Read more...] about China's development in logistics is lagging

Air cargo and RFID – A smart way to keep "freight" moving forward?

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The RFID (Radio Frequency Identifi - cation) technology gets more and more common in our everyday life. Applications in passports for a better identifi cation of its owner or simple transport payments such as collecting tolls and within mass transportation show only asmall area. Meanwhile in some cases RFID technology is implemented for more than ten years now. So not in the air cargo business, where besides some local solutions or smaller pilot projects for test purposes still no major … [Read more...] about Air cargo and RFID – A smart way to keep "freight" moving forward?

Temasek buys into India's First Flight

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Singapore governmentowned investment company, Temasek has taken a 27.74 percent equity stake in First Flight, a courier and express delivery company based in Mumbai, India. The deal is reported to be valued at Rs 107.5 crore. The funds raised by the transaction would enable First Flight to expand its aviation and warehousing businesses. Established in 1988, First Flight offers traditional courier services, as well as surface and air cargo services. … [Read more...] about Temasek buys into India's First Flight