DHL Express says Vietnam looks set to maintain its top rank as the “Asian tigerin- waiting†following what it has assessed as the region’s strongest post-recession recovery. In tandem with the country’s growth, DHL Express Vietnam said its volumes grew more than 30 per cent yearon- year in the first quarter of 2010, with further growth by year end. “The recovery for both Vietnam and DHL is being powered by intra-Asia trade,†said John Pearson, … [Read more...] about DHL flourishes in Vietnam its economy soars
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EUROPE & CIS: Aerologic boosts Europe/Asia capacity
Lufthansa Cargo and DHL Express have announced their joint venture air cargo airline, Aerologic is increasing capacity between Europe and Asia, citing consistently high demand. Initially the cargo carrier will offer two weekday flights per week between Leipzig, Shanghai and Seoul. A further flight from Frankfurt to Shanghai and Seoul will be started on weekends, the company said. … [Read more...] about EUROPE & CIS: Aerologic boosts Europe/Asia capacity
AMERICAS: ABX Air parent may expand fleet
Wilmington, US-based Air Transport Services Group Inc. (ATSG) has said it may expand its fleet by acquiring three B767-300 aircraft. ATSG is the parent corporation for ABX Air whose biggest customer was DHL Express before the German express and logistics company decided to pull out of domestic operations after years of losses. ATSG President and CEO Joe Hete said he is excited about the potential fleet expansion. ATSG’s aircraft leasing business recently executed a letter of intent … [Read more...] about AMERICAS: ABX Air parent may expand fleet
EUROPE & CIS:DHL optimistic for 2010 as profit up
German mail and logistics company Deutsche Post DHL saw first quarter net profit rise 80 per cent to €1.7 billion compared to €944 million in the same quarter last year, thanks to a €1.4 billion one-off gain on the sale of its stake in the Postbank banking unit. Consolidated revenue climbed by 4.4 per cent to €12 billion, buoyed by the continuing recovery of the world economy and rising transport volumes, the company said. “Our first quarter results … [Read more...] about EUROPE & CIS:DHL optimistic for 2010 as profit up
INDIA & MIDDLE EAST: Emirates, DHL form security partnership
Emirates and DHL have signed a Memorandum of Understanding (MOU) to establish a strategic security partnership to enhance air cargo security in the region. Through this partnership, Emirates Group Security and DHL Express will strengthen their collaboration in air cargo security, share best practices and information on security threats, and promote joint training and educational activities. The MOU will enable Emirates Group Security and DHL Express to work more closely together in areas of … [Read more...] about INDIA & MIDDLE EAST: Emirates, DHL form security partnership
Descartes launches latest booking portal
Descartes Systems Group, a federated global logistics network, unveiled the latest version of its Global Freight Exchange (GF-X) air freight electronic booking portal. Descartes’ GF-X solution includes a comprehensive, on-line cargo reservation system where air carriers and freight forwarders can complete electronic air cargo bookings. Many of the world’s leading carriers and forwarders use Descartes’ products in major airfreight markets worldwide, including … [Read more...] about Descartes launches latest booking portal
