Despite the easing of the global demand for electronic components, DHL Express Philippines is expecting an increased trade in the local small and medium enterprises and the retail sector. Larry Llamzon, country manager of DHL Express Philippines, said DHL remains confident about the Philippine economy. The company has recorded good growth in the Philippines over the years. The challenge for us is to maintain our head start this year by continuously outperforming ourselves,” Llamzon … [Read more...] about DHL Express sees growing domestic trade
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TNT moves road network into Vietnam
TNT, one of the world’s largest express services providers, today announced the expansion of Asia’s pioneering integrated road network into Vietnam following a further EUR 6 million investment. Adding to an original investment of EUR 2 million, the enhancement brings the total investment to date to EUR 8 million. TNT plans to extend the Asia Road Network to reach China through the north-eastern border of Vietnam by the end of 2007. Once completed, the network in Southeast … [Read more...] about TNT moves road network into Vietnam
UPS to retire B727 fleet
UPS Airlines said that by August, it will fly the last of its 16 remaining 727s in its fleet to the New Mexico desert, where they’ll be stored. The planes, built from the early 1960s until August 1984, no longer fit UPS’ needs, spokesman Mark Giuffre said. UPS has placed several orders for new planes over the past year or two, including 27 Boeing 767-300ER freighters announced last month. The freighters are to be delivered between 2009 and 2012. The company also has firm … [Read more...] about UPS to retire B727 fleet
TNT eyes expansion in North Malaysia
TNT has appointed a dedicated general manager for Malaysia’s northern region, in line with the company’s long-term growth strategy for the region. The appointment is TNT’s first dedicated senior appointment focused on managing and harnessing the growth potential in north Malaysia. Last year, TNT embarked on an aggressive growth strategy, investing more than RM15 million in new facilities and services, including RM 8 million in its Global Express Centre in Penang. … [Read more...] about TNT eyes expansion in North Malaysia
China’s express market to hit US$5.8 billion
The powerful growth in the Chinese economy is resulting in a massive leap in demand for courier, express and parcel delivery (CEP) services. The volume of timesensitive freight in China is increasing by an average of 28 percent per annum. By comparison, global growth (at 10-15 percent) seems practically modest. According to a study by the international strategy and technology consultants Booz Allen Hamilton, the Chinese express market is already set to break through the US$ 5.8 billion mark … [Read more...] about China’s express market to hit US$5.8 billion
DHL launches Intracity Express
DHL has launched a new express delivery service called Intracity Express in Moscow. This service is for documents and parcels within the Moscow region, which covers door-to-door delivery of parcels and documents within Moscow city and around 90 other locations. Intracity Express is targeted at companies and individuals and can be used in combination with other services. DHL plans to expand Intracity Express to other big cities across the country, as the demand for express delivery increases … [Read more...] about DHL launches Intracity Express