The air express and logistics business has never been more robust and DHL Express in the Philippines is seeing more new clients and a wider variety of industries that are interested to avail of its express and logistics services, says Larry Llamzon, country manager of DHL Express Philippines. He says the industry is growing much faster than the Philippine’s gross domestic product (GDP). The actual growth of the industry over the last three years was approximately double that of … [Read more...] about Express business in the Philippines eyes 7-8-9 growth
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DHL claims top spot
The global freight forwarding market saw another year of stellar growth in 2006, according to the latest report published by leading logistics research organisation, Transport Intelligence. The research, contained in Global Freight Forwarding 2007, indicates that although the rate of growth was not quite as fast as the year before, it confounded many experts’ expectations of slowingtrade volumes. Steady economic growth in Europe supported Asia Pacifi c trades, whilst the US economy did … [Read more...] about DHL claims top spot
DHL inks deal with university
PT Birotika Semesta/DHL Express has concluded a partnership programme with the University of Indonesia (UI) to provide a curriculum for the undergraduates of the Industrial Engineering Faculty. The course “DHL Express and Logistics Class” aims to enhance student knowledge of the express and logistics industry from both a domestic as well as an international perspective. Through the course, students will learn about export- import processes and fl ows, network … [Read more...] about DHL inks deal with university
FedEx orders freight trains
FedEx has placed orders for several 30 million euros high speed freight trains to distribute its express cargo across Europe, according to well-placed sources. The integrator has already publicly announced that it is backing the CAREX (Roissy Cargo Rail Express) project that would see dedicated cargo trains run on the European high speed rail network, reducing the need for flights and enabling it to expand at Paris despite strict night Flight limits. As well serving cities on the … [Read more...] about FedEx orders freight trains
INDIA: DHL to restructure India joint venture
DHL plans to restructure its joint venture with Lemuir Group in India, paving the way for it to hold the majority stake in the venture, the Economic Times reported. After the restructuring, DHL will hold a 76 percent stake in the new company, DHL Lemuir Logistics Private Ltd, while Lemuir will hold the balance 24 percent stake. Lemuir’s new promoters have agreed for a cash exit option for their reduced stake. In the previous joint venture, DHL Danzas & Lemuir, DHL and Lemuir had a 49 … [Read more...] about INDIA: DHL to restructure India joint venture
MALAYSIA: Transmile adds DHL hub to US network
Transmile has started regular fl ights to Riverside airport in the Greater Los Angeles area, its second US destination in addition to the US service from Malaysia via Hong Kong that was launched last year. The Malaysian cargo airline launched its Riverside service with fi ve MD-11F fl ights a week. “I expect them to go up in three months. They’ll keep the schedule for the fi rst three months to see how it goes and then add service,” said Mark Yeager, general manager of the … [Read more...] about MALAYSIA: Transmile adds DHL hub to US network