Air Shipping Asia

DHL targets 20% growth in Indonesia

by Payload Asia

DHL Express/PT BirotikaSemesta continues to be theleader in express and logisticsindustry in Indonesia,according to DHL's nationaloperations manager, MariaChristina, who said that thecompany is enjoying doubledigitgrowth and will increaseshipments by 20 percent in2007. "We have invested $70,000in a high technology systemto achieve higher growth,"Christina said, adding thatthe company is the marketleader in Indonesia with over50 percent market share. To achieve the … [Read more...] about DHL targets 20% growth in Indonesia

Indian express industry set to grow

by Payload Asia

India's express industry isexpected to register a growthof at least 20 percent perannum during the next fiveyears and more than doubleits size by 2012, accordingto a study by rating agencyCredit Analysis & Research(CARE). Opening of banking,insurance, retail, aviationand telecom sectors and theirpenetration to smaller citieswould be the major growthdriver. According to CARE, thesize of India's courier industrycurrently stands ataround Rs 7,100 crore andis estimated to have grownat 33 … [Read more...] about Indian express industry set to grow

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