Delivering a stark view of the future of the airport-to-airport segment of the air cargo industry which faces a difficult macroeconomic climate, “gnawing” competition from both ocean freight and the express sector, along with a crippling rise of protectionism around the globe, he warned that the future is “unlikely to be analogous to the industry’s ‘Golden Age’ of the 1990s and early 21st century.” “All of us may wish for a return of the … [Read more...] about FedEx’s Smith warns on future of air cargo
DHL
Blue Dart confident of its network and strategy
In an interview with Payload Asia, just prior to the awards, Anil Khanna, Blue Dart managing director noted that the current global slowdown has hit India worse than the major economic upheaval of 2008/09. “Even in 2008/09 when global GDP growth fell to almost 4.5 per cent, India still had over six per cent GDP growth, down from the 2007 figure of about seven per cent.” With India’s GDP growth now hovering at around five per cent “it’s the worst in a decade,” … [Read more...] about Blue Dart confident of its network and strategy
DHL Express first to tranship at Shanghai Pudong
DHL Express has become the first international express company to handle transhipment cargo at its US$175 Million DHL North Asia hub in Shanghai which it opened last year. The global express giant undertook its first transhipment operation on the evening of 21 November involving approximately eight tonnes of transhipment cargo. DHL is so far the only international express company given a permit to pilot the movement of transhipment cargo at the Shanghai Pudong Airport. A senior DHL … [Read more...] about DHL Express first to tranship at Shanghai Pudong
3D Printing: A new Industrial Revolution dawns
This new technology has suddenly exploded into mainstream consciousness thanks to a gun proponent in the US. It was quite simply a ‘shot that was heard around the world’ – but this time it was not the start of a world war, nor of colonial rebellion, but perhaps the starting gun for a different kind of revolution. With the successful creation and firing of the world’s first 3D printed plastic gun, the average global citizen suddenly became aware of this seemingly … [Read more...] about 3D Printing: A new Industrial Revolution dawns
ANA Cargo stays lean and focused
While its profile is certainly much lower than many international cargo players, one suspects that ANA Cargo prefers its ‘under-the-radar’ style as it quietly and persistently solidifies its position in the Asian marketplace. This position took a further positive turn in early August when it shifted its Asian regional headquarters (excluding China which is run out of Shanghai) from Hong Kong to Singapore, which marks the start of a new focus on expansion in Southeast Asia and India, … [Read more...] about ANA Cargo stays lean and focused
Cold comfort?
As the air cargo industry continues along its level plain there appears an ever brighter light of optimism among many industry players. While there’s no cause for outright celebration yet, there are positive signs that the sector is gradually recovering. The problem, as Swiss WorldCargo’s Oliver Evans clearly points out – “we don’t have a demand crisis in the industry, we have a supply issue”. Most in the industry would concur that the massive influx of … [Read more...] about Cold comfort?