Air Logistics Asia

DHL reports strong growth in Russia

by Payload Asia

DHL Express Russia continuesits strong performancewith a revenue growth ofnearly 50 percent in 2006 andshipment volumes increasingby 30 percent in the sameperiod. The company continuesto expand its domestic roadnetwork, connecting keyeconomic and fast growingcentres of the country. Thisalso includes direct roadlinkages with major Europeancountries and cities.Six new service points wereopened in 2006 and this yearthe company plans to openover 20 new service pointsin Russia's largest cities. … [Read more...] about DHL reports strong growth in Russia

UPS denies plans to cancel A380 order

by Payload Asia

UPS has denied newspaperreports that it plansto cancel its order for 10A380Fs. The cargo carrieris the last customer for thefreighter version of the aircraft.Earlier, rival FedEx cancelledits order for 10 A380Fsin November and placed anorder for 15 777Fs with 15options instead. French newspaper LesEchos reported last monththat UPS would cancel theorder, but the company clarifiedthe report by saying thatno decision had been madeand that it was continuingtalks with Airbus about a … [Read more...] about UPS denies plans to cancel A380 order

Four Soft Limited

by Payload Asia

India-based software provider forlogistics and transportation, Four Soft Limited (4S) has entered into anagreement to acquire 100 percent ofDenmark-based Transaxiom HoldingA/S, a global provider of transportationand logistics solutions. The transactionvalue is approximately US$10million. … [Read more...] about Four Soft Limited

Hong Kong Airlines

by Payload Asia

Hong Kong-based CR Airways hasbeen renamed Hong Kong Airlines.The carrier operates three B737-800sand has signed a MoU for 10 787s and30 737s. … [Read more...] about Hong Kong Airlines