air freighter

FedEx to buy six more 777Fs

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FedEx Express, subsidiary of FedEx Corp. has announced agreements to purchase six additional B777F freighters for its fleet worth about US$1.5 billion at list prices, which will be used to expand capacity to Asia and Europe from the US. The largest all-cargo airline in the world will purchase four B777Fs directly from Boeing and two from additional sources. Including this announcement, FedEx Express has agreed to purchase a total of38 B777F aircraft. To date, FedEx Express has already taken … [Read more...] about FedEx to buy six more 777Fs

DHL expands network with Aerologic

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DHL has expanded its air network with an Aerologic route linking the UAE to Asia and Europe. Aerologic, the joint venture cargo airline of DHL Express and Lufthansa Cargo, will operate a B777F flight between Leipzig and Hong Kong with a connection in Sharjah, the third largest emirate of the UAE. “This Aerologic flight route via the UAE will boost our air network capacity on an increasingly important tradelane,” said John Pearson, CEO, DHL Express Asia Pacific, Eastern … [Read more...] about DHL expands network with Aerologic

TNT launches Moscow-Liege service

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TNT Express has launched a five times weekly air cargo service linking Moscow and its main European hub Liege, via Warsaw. The new route, operated by a B737-300 providing 16 tonnes of capacity, will secure and speed up the expedition of time-critical shipments to and from Russia. The service will carry cargo such as, automotive parts, clinical supplies and biological samples like blood and human tissue. In 2009, the Russian pharmaceutical market grew by 18 per cent in value to US$17 billion and … [Read more...] about TNT launches Moscow-Liege service

TNT Post acquires Dutch e-commerce firm

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TNT Post has moved forward on its stated aim of boosting its e-commerce business by acquiring Dutch e-retail specialist Kowin. With this transaction TNT Post adds expertise to its e-commerce chain in the field of online shopping and strengthens TNT Post’s capabilities as one stop service provider in the vastly growing online market. Financial details of the transaction were not revealed. The acquisition is in line with TNT’s Vision 2015 strategy announced in December … [Read more...] about TNT Post acquires Dutch e-commerce firm

UPS expects strong intra-Asia growth

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United Parcel Service, the world’s largest package delivery service, is optimistic about the intra-Asia trade growth and expects its Shenzhen Asia Pacific hub to support this development in terms of improving efficiency and transit times, Daniel J. Brutto, president of UPS International, said. Speaking to reporters at the Shenzhen hub official opening on 18 May, Brutto, who is responsible for air freight network management and global brokerage services, cited reports that the … [Read more...] about UPS expects strong intra-Asia growth

Asia Air Cargo Supplement in July issue

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With Asia leading the world economy out of recession and intra-Asia trade poised to become larger than the transpacific, the Asian air cargo market is once again set to be the focus of many in the air cargo supply chain industry. Asia Pacific is expected to be the biggest single air freight market in a few years despite the current recession, according to the International Air Transport Association (IATA). Already Asian carriers are the largest players in the global air freight market with a 44 … [Read more...] about Asia Air Cargo Supplement in July issue