EMC Corp, whose computer storagedevices are used as part of telecommunicationssystems from mainland firmsHuawei Technologies and ZTE, hasopened its Asia-Pacific logistics centrein Hong Kong. The new operation,backed by DHL Exel Supply Chain,will help to speed up shipments forEMC's mainland original equipmentmanufacturing partners and its othercustomers in the region. The EMC Asia-Pacific and JapanSupply Chain and Logistics Centre inTsuen Wan is under the management ofDHL Exel Supply Chain, a … [Read more...] about HKG base gives speed edge for EMC
DHL
AMB leases DHL distribution space
AMB Property Corporation, a globaldeveloper and owner of industrialreal estate, said it has leased 1,024,000square feet to DHL Exel Supply Chain,the logistics business unit of DHL'sgroup of companies. The Deutsche Post unit has fullyleasedthe distribution space of threenewly redeveloped industrial buildingsat AMB Fengxian Logistics Center inShanghai. DHL Exel Supply Chainis using the multi-client logistics campusto deliver distribution services tomanufacturers of fast-moving consumergoods and … [Read more...] about AMB leases DHL distribution space
Lufthansa Cargo’s new chairman in a hurry
Carsten Spohr, Lufthansa Cargo'snew chairman, arrived at its annualresults press conference fresh from aweek-long familiarisation trip to Asia.This included discussions in Shenzhenwith Jade Cargo International,in which Lufthansa Cargo has a 25percent stake. It was Spohr's first trip to Shenzhenand clearly made an impression. "Ifyou want to see the future of China,you should go there," he advised theassembled journalists. Spohr has been refusing interviewsduring his first 100 days … [Read more...] about Lufthansa Cargo’s new chairman in a hurry
DHL in ‘massive deal’ with LH Cargo
Reports say that DHL andLufthansa Cargo are in thefinal stages of negotiating anew partnership to providelong-haul capacity for thecompany's express services,which insiders believe will bemore extensive than DHL'srecent pact with Polar AirCargo. Emirates SkyCargo, whichtogether with Cargolux andLufthansa Cargo was amongthe airlines, which participatedin the secret tenderprocess, declined to discussthe outcome of the tenderother than by saying that "you win some, you lose … [Read more...] about DHL in ‘massive deal’ with LH Cargo
Lufthansa Cargo
Lufthansa Cargo has increasedfreighter frequencies to Dallas, SaoPaulo and Shanghai in the summertimetable which took effect last month.New destinations are Lahore and a directconnection from Cologne throughEast Midlands (UK) to Wilmington(US), which will be operated underthe joint venture with DHL. … [Read more...] about Lufthansa Cargo
AMERICA: Atlas profit down
Atlas Air and Polar Air Cargo parentAtlas Air Worldwide Holdingsreported profit of US$59.8 million for2006 - down 19.1 percent from $73.9million earned in the prior year, onan 8.6 percent decrease in revenue to$1.48 billion. But Atlas reported a 66.2 percentfourth-quarter profit gain to $45.7 millionand projects strong growth goingforward, pointing to 12 747-8 freightersit has on order and a partnership dealwith DHL taking a stake in Polar. President William Flynn said: "Thestrategic … [Read more...] about AMERICA: Atlas profit down