DHL has inaugurated a new service centre in Banjarmasin, the capital city of South Kalimantan in Indonesia. The 120 sqm service centre will facilitate the trade fl ow in the rapidly developingKalimantan. The new facility was built in support of oil, gas, and mining companies operating in Kalimantan, which need reliable express and logistics services. Area manager of PT Birotika Semesta/DHL Express, Welty Tambunan said Kalimantan’s huge reserves of natural recourses– particularly … [Read more...] about DHL unveils Banjarmasin service centre
DHL
FedEx fails to clinch Safexpress deal
Federal Express’ attempt to enter India’s domestic logistics business have received a setback with the failure of its attempt to buy out SafeExpress, one of India’s largest logistics companies, the Economic Times of India reported. The deal could have been signifi cant for FedEx Express, because its competitors, DHL and TNT, have been successful in entering the domestic logistics segment in India through strategic acqusitions. TNT acquired Speedage, a divison of ARC India, … [Read more...] about FedEx fails to clinch Safexpress deal
ABX Air
ABX Air "unanimously rejected" AstarAir Cargo's proposal last month to acquirethe company for more than $450million in cash. Astar in June issued an "indication of interest" to purchase ABX and merge their air operations.Both operators are based at DHL's hub in Wilmington, Ohio. … [Read more...] about ABX Air
CHINA: Chinese CEP market to outgrow Germany
The booming Chinese courier, express and parcel (CEP) market will outgrow Europe’s largest market, Germany, within fi ve years if it maintains its current dynamic growth rates. The world’s four leading express players, DHL, FedEx, TNT and UPS, look set to win signifi cant market share from Chinese operators by expanding their domestic services. In response, Chinese players are trying to strengthen their fi nancial basis and enhance their services. Those are the key fi ndings of a new … [Read more...] about CHINA: Chinese CEP market to outgrow Germany
Air Freight Asia 2007 Conference~ All speakers & panel members confirmed
Close to 30 international senior executives from various areas of the air cargo industry, have confi rmed their participation in the 13th Air Freight Asia 2007 Conference in Hong Kong, which will take place in the ballroom of the Regal Airport Hotel on September4 and September 5. The 13th edition of this biennial trade event will be offi cially opened by Stanley Hui, chief executive offi cer of Hong Kong International Airport and former CEO of Dragonair. The latest to confi rm his … [Read more...] about Air Freight Asia 2007 Conference~ All speakers & panel members confirmed
Menzies, Yangtze River ink handling pact
Menzies Aviation said it has been awarded a ramp handling contract by Yangtze River Express at Hong Kong International Airport. Terms were not disclosed. Yangtze River Express will operate fi ve weekly fl ights on behalf of DHL, using B737-300F aircraft. The contract started in early April. The airline serves a number of domestic and international destinations and recently received US permission to operate to Anchorage and Los Angeles. In a separate development, Menzies Macau Airport … [Read more...] about Menzies, Yangtze River ink handling pact
