The global 3PL market is forecast to reach US$925.31 billion by 2020, according to a new study by Grand View Research Inc. Increased convergence on core competencies by outsourcing secondary business activities such as logistics is expected to drive the 3PL market over the forecast period. Infeasibility in managing geographically dispersed supply chain operations as a result of increased globalisation has led to several companies outsourcing their logistics function. Emerging trends such as … [Read more...] about 3PL market to reach US$925B by 2020
DHL
Hactl’s strategic focus keeps it flying high
Without a doubt, living life on the edge of China’s mainland has its advantages, but it is not without its with challenges too. Growing capabilities of China’s logistics infrastructure and airports, shifting production locations, growing costs in Hong Kong and delays in getting a third runway at HKIA all stoke the eternal question of Hong Kong’s future as a logistics hub. And of course, losing your biggest customer and with it some 1.3 million tonnes of cargo handling business … [Read more...] about Hactl’s strategic focus keeps it flying high
DHL invests in new hub at Brussels Airport
DHL will invest EUR 114 million (approx. US$129 million) in the construction of a new hub at Brussels Airport. The new hub is expected to triple capacity from 12,000 to 39,500 shipments per hour. The original Brussels facility was set up in 1985 as a regional hub. In the last five years, Brussels has enjoyed solid double-digit volume growth. Due to this continuous growth and its central location in Europe, the Brussels Hub is increasingly being used as an international and transit hub, … [Read more...] about DHL invests in new hub at Brussels Airport
DoKaSch delivers 650 ULDs to EAT
ULD specialist DoKaSch Air Cargo Equipment + Repair has delivered nearly 650 LD3 air cargo containers to European Air Transport Leipzig GmbH, the freighter airline of Deutsche Post DHL. “We are proud to be chosen as one of the preferred suppliers of DHL´s growing air cargo related freight forwarding business“, said Marcus Franke, DoKaSch´s general manager and head of sales. The ULD specialist belongs to the DoKaSch Group, a Montabaur, Germany-headquartered … [Read more...] about DoKaSch delivers 650 ULDs to EAT
DHL expands Shanghai air freight facility
DHL Global Forwarding has invested RMB 115 million (US$18.4 million) to expand its Shanghai air freight facility, building up a new warehouse and 1,600 sqm cold storage facilities for life sciences and healthcare customers, and housing key air freight and customer service teams on one site. The new Shanghai air freight logistics centre has been developed on the site of the existing DHL facility on No. 529 Haitian Yi Road within the No. 1 Customs Supervised Bonded Zone and is the only … [Read more...] about DHL expands Shanghai air freight facility
Air cargo CO2 emissions to increase 411% by 2050
The global air cargo market reported impressive growth last year, marking the first upswing in the market following a long period of stagnation. The result, fear many environmentalists, will lead not merely to the growth of the global air cargo market but also contribute significantly to the increase in CO2 emissions. Analysts predict that more emissions will be produced from freight cargo than passengers by 2050. The International Transport Forum (ITF) has provided figures estimating that … [Read more...] about Air cargo CO2 emissions to increase 411% by 2050
