Asia Airfreight Terminal (AAT) has been appointed by AeroLogic as its cargo handling agent at the Hong Kong International Airport. AeroLogic, a joint venture cargo airline of DHL Express and Lufthansa Cargo, is the first airline to operate the new B777F. AeroLogic offers Lufthansa Cargo services on the Europe- Asia trade lane between Leipzig, Tashkent and Hong Kong and DHL Express services between Leipzig, Bahrain, Singapore and New Delhi. … [Read more...] about AeroLogic appoints Asia Airfreight Terminal
DHL
New US$8.8 million facility in NZ for DHL
DHL Global Forwarding has announced a fresh investment of US$8.8 million in New Zealand for a new 11,600 sqm facility adjacent to the Auckland International Airport. The new office and warehouse facility will support anticipated business growth and offer enhanced logistics solutions to customers from all industry sectors, the company said. “We have seen our business in New Zealand grow 20 per cent over the past two years with the life science pharmaceutical, industrial and FMCG sectors … [Read more...] about New US$8.8 million facility in NZ for DHL
DHL opens new packaging centre in Malaysia
DHL recently unveiled its DHL Asia Pacific Packaging Center in Shah Alam, Selangor to tap into the packaging market in Asia Pacific estimated to be worth up to US$12.5 billion. DHL Supply Chain Asia Pacific expects to see this business grow by 15 per cent year-on-year over the next three years. The first-of-its-kind in Asia Pacific, DHL plans to establish up to six more centres in the region by 2012. Packaging services currently form 25 per cent of the contract logistics market in Asia … [Read more...] about DHL opens new packaging centre in Malaysia
DHL profit plunges 71 per cent, outlook uncertain
Depressed revenue and bad debts pushed profit in the second quarter down 71 per cent for the world’s biggest logistics company as Deutsche Post DHL warned of tough market conditions going forward. Profit plunged to US$93.7 million from $328 million a year ago. Mail, express, freight forwarding and contract logistics revenue all shrank by nearly 18 per cent to $15.8 billion. Operating income fell by a lower-than-expected 38 per cent to $392 million, aided by cost cutting. The … [Read more...] about DHL profit plunges 71 per cent, outlook uncertain
ABX Air lays off 1,000 more as DHL pulls outABX
Air, which sorts and carries packages for DHL, says it plans to lay off an additional 1,000 workers at its operation in western Ohio by the end of August, reducing the air carrier’s presence there to about 1,300 employees. ABX and other businesses at the Wilmington Air Park have been laying off workers since DHL Express announced in May 2008 it was pulling out. About 8,000 workers were employed at the air park then. … [Read more...] about ABX Air lays off 1,000 more as DHL pulls outABX
Aviation’s green imperative
“For some, this was a shock,†acknowledges Bisignani. “But we have a great track record of turning dreams into reality. In 50 years, we moved from the Wright brothers’ Flyer to the jet age. “Potential building blocks for a carbon-free future already exist,†he proffered, pointing to the existence of fuel cell technology, a solar-powered aircraft that is currently being built and the ability to make fuel from biomass like algae. And all this exists … [Read more...] about Aviation’s green imperative
