Pos Malaysia Bhd plans to invest as much as M$230 million to boost its efficiency and the bulk will be spent on a new mail processing centre. Managing director and chief executive officer Datuk Ikmal Hijaz Hashim said Pos Malaysia, whose mail and parcel delivery services makes up about 70 percent of group revenue, will spend M$69 million to buy a building, sprawled over 10ha in Kuala Lumpur's district of Shah Alam, from MT Picture Display (M) Sdn Bhd. The building will house Pos … [Read more...] about Pos M'sia to invest on efficiency improvement
Air Shipping Asia
Black & Decker inks deal with K+N Thailand
Kuehne + Nagel in Thailand has been awarded a three-year contract by Black & Decker (Thailand) Ltd. Under the new agreement, K+N is responsible for the receipt of inbound shipments, warehousing and national distribution. In addition, a wide range of value-added services, including spares part management, are provided. To meet the sophisticated logistics requirements of Black & Decker, K+N has taken a new 4,200 sqm warehousing facility in Bangkok into operation. "Kuehne + … [Read more...] about Black & Decker inks deal with K+N Thailand
Air Atlanta's freighter dilemma
Not so long ago it seemed as ACMIoperator Air Atlanta Icelandic wouldneed to make a rapid transition fromB747-200Fs to more modern freighters.Now, however, the picture is lessclear. True, the carrier is looking carefullyat the 12 -200Fs that form the bulk ofits fleet, and looks almost certain to sellthe two of them it actually owns whentheir leases expire in the middle of thisyear. But the future of the remainingten ¨C dry leased from their owners, andthen wet-leased to airlines ¨C remains … [Read more...] about Air Atlanta's freighter dilemma
Cargo volumes to triple at world's airports
A new Airports Council International (ACI) forecast, which highlights future traffic development from the perspective of the airport industry, predicts a tripling of current cargo volumes within the next 20 years. Releasing the ACI Global Traffic Forecast 2006 ¨C 2025 last month, ACI director general Robert J Aaronson said: "Freight operations will see a tripling of freight tonnage carried world-wide and an average growth of 5.4 percent annually over the next 20 years. Asia will show … [Read more...] about Cargo volumes to triple at world's airports
Blue Dart offers 'Import Express' solution in India
Blue Dart in alliance with DHL has announced the introduction of 'Import Express,' a one-stop-shop solution that allows imports with one invoice, one currency, one account and one bill. Blue Dart, which is also expanding the fleet of its dedicated airline Blue Dart Aviation, plans to provide in time deliveries from "envelopes to charter loads" to its customers. Anil Khanna, senior vicepresident, western region, Blue Dart Express said that Blue Dart had inaugurated two new … [Read more...] about Blue Dart offers 'Import Express' solution in India
Yusen Air & Sea Service
Yusen Air & Sea Service said it has opened a new branch in Brisbane. It is Yusen's third base in Australia after Sydney and Melbourne. … [Read more...] about Yusen Air & Sea Service