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
CHINA: Chinese heavyweights pick Copenhagen
Copenhagen airport has long beenseen as a useful hub by Singapore Airlinesand Korean Air Cargo. However,the addition of two Chinese heavyweightsin the last few months seemsto be catapulting the airport into thebig league. The airport saw Air China startthree weekly B747-200F services inSeptember, and this was followed bythree MD-11F services by China CargoAirlines in December. In all this bringsthe airport's wide-body freighter departuresto 68 a month, double thenumber it had two years … [Read more...] about CHINA: Chinese heavyweights pick Copenhagen
DHL reports strong growth in Russia
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
CHINA: DHL starts domestic services in China
DHL has become the first internationalforwarder to obtain the CATA(China Air Transport Association)domestic airfreight licence, enablingthe company to operate its new DHLDomestic Airfreight service in seventeenChinese cities. Up till now, China'sdomestic logistics market was servedonly by Chinese state-owned and localcompanies. The launch, together with its First inChina strategy, makes DHL the only internationallogistics company offeringboth domestic express and domesticairfreight services, … [Read more...] about CHINA: DHL starts domestic services in China
BA World Cargo
BA World Cargo has increased thenumber of its short-haul freighter servicesit runs in Europe by 40 percentfollowing a multi-million pound investment.From the end of January 2007,the new schedule in co-operation with DHL, will deliver 45 weekly wide-bodyservices (previously 32 services) across11 European destinations. … [Read more...] about BA World Cargo
CHINA: TNT launches freight flights to China
TNT has started direct freightflight services between Shanghai andits European hub at Liege, Belgium."The move is mainly ascribed to theincreasing market demand (for freight)between China and Europe," the newlynamed CEO in the Greater ChinaRegion, Michael Drake was quoted assaying by SinoCast China TransportationWatch. The route will link more than 500Chinese cities in the company's Chinadelivery network and over 400 Europeancities that its European operationscover. TNT is … [Read more...] about CHINA: TNT launches freight flights to China