The freight forwarding industry andshippers in Sri Lanka have expressedserious concerns about the attemptsby the Director of Merchant Shipping,(DMS) to regulate the industry usinglow standards and hastily drafted legislation. Freight forwarders in Sri Lanka,whose representative body, the SriLanka Freight Forwarders Association(SLFFA) completed 25 years ofexistence this year, have played aninfluential role in making Sri Lankaa leading logistics and freight hub inSouth Asia. Unlike shipping … [Read more...] about SLFFA disturbed by new DMS standards
asia cargo news
Chinese ground handler looks to SE Asia for expansion
CAH, which holds 60 percent in thejoint venture with SATS controllingthe remaining 40 percent, has becomea leading airport group in MainlandChina by taking over several domesticairports. In line with CAH's strategy to makeBGS a leading provider of groundhandling services in China, the groundhandler meanwhile has set up facilitiesat airports in Chongqing, Hubei,Guizhou, Tianjin, Jiangxi, Jilin as wellas Inner Mongolia and Heilongjiang. From the start in 1995, the companyhas been providing … [Read more...] about Chinese ground handler looks to SE Asia for expansion
Emirates joins DHL partnership
Emirates Group Security and DHL Global Forwarding have signed a memorandum of understanding (MoU) in Strategic Air Cargo Security Partnership, a DHL Global Forwarding initiative. As one of DHL's preferred air carriers, Emirates is one of the first airline partners to join this programme. The aim of this security partnership programme is to work together and to agree on standard operating procedures(SOP) for high-value and high-risk air cargo, to share best practices and information on crime … [Read more...] about Emirates joins DHL partnership
FedEx acquires ANC Holdings
FedEx Corp has acquiredANC Holdings, a UK domesticexpress transportationcompany, for £120 million,enabling FedEx Express todirectly serve the entire UKdomestic market. ANC offers a comprehensiverange of distributionand logistics services with anestablished pick-up and deliverynetwork across the UK. Founded in 1981, ANC'sannual revenues exceed£145 million. The companycurrently operates with a networkof approximately 4,500people and a fleet of 2,200vehicles from 80 locations. "The … [Read more...] about FedEx acquires ANC Holdings
DHL expands TDD service to Vietnam
DHL has expanded itsTime Definite Delivery (TDD)service to Vietnam. A suite oftime-definite delivery products,DHL's TDD portfoliocomprises StartDay Expressfor guaranteed delivery by 9a.m., and MidDay Express fordelivery by noon. With this latest serviceenhancement, DHL will startproviding MidDay Express forVietnam-bound documents.Customers in Japan will nowbe able to send documentsto Vietnam by noon of thenext business day. DHL saidit expects increased demandfor MidDay Express … [Read more...] about DHL expands TDD service to Vietnam
TNT chief denies take-over bids
Peter Bakker, the chiefexecutive of Dutch mail companyTNT, said the companyhad not been approached byany potential buyers. However,he does not rule out afuture bid, the BirminghamPost reported. Speaking during a recentvisit to the US, Bakker saidprivate equity companiescould consider a bid, butsaid he had received noapproaches yet. "If it is sopressing that TNT is takenover, then they would havegot a better deal 14 monthsago," Bakker said, but addedhe thought the company wasstill … [Read more...] about TNT chief denies take-over bids