Pharma traffic expected to grow 12% A 12 per cent growth rate is predicted for pharmaceutical air freight over the next five years as air cargo carriers and logistics operators prioritise investment in facilities to cater for the rapidly growing pharaceutical market. In 2011 alone, the pharma logistics market is estimated to be worth €47 billion. Freight giant UPS has invested in five new pharmaceuticals facilities in the past year, while Germany’s Lufthansa recently opened a new … [Read more...] about Pharma traffic expected to grow 12%
FedEx
Playing with fire: Undeclared dangerous goods
Playing with fire: Undeclared dangerous goods Despite the dramatic rise of battery-related freight and baggage fires over the last 20 years, the shipment of lithium batteries is simply one example of the thousands of potentially dangerous goods that are shipped without properly being identified. A stark illustration of how dangerous goods can cause a catastrophe if they are not prepared for transport in accordance with strict International Civil Aviation Organisation (ICAO) regulations … [Read more...] about Playing with fire: Undeclared dangerous goods
FedEx ups capacity on Singapore-Memphis lane
FedEx Express has launched its fourth new B777F on flights from Singapore to the FedEx Super Hub in Memphis, Tennessee, via Osaka, Japan, replacing an MD-11F aircraft. The service will operate five times a week in response to what FedEx said was an "anticipated increase in cargo transportation demand in Singapore." Singapore was the US' tenth largest export market in the first three months of 2010, up from 11th place in the first three months of 2009, with exports to Singapore rising 34.6 per … [Read more...] about FedEx ups capacity on Singapore-Memphis lane
FedEx expands Asian freight forwarding biz
FedEx Trade Networks, a subsidiary of FedEx Corp, has expanded its global presence with the addition of ten new freight forwarding offices in Asia. The new facilities are located in Singapore, Taipei, Taiwan, and in Beijing, Guangzhou, Qingdao, Shenzhen, Tianjin, Xiamen, and Dalian, China. In addition, FedEx Trade Networks opened a representative office in Vietnam on 31 October 2009. These openings add to FedEx Trade Networks' freight forwarding operations in Hong Kong and Shanghai, which … [Read more...] about FedEx expands Asian freight forwarding biz
Leading integrators need to reorganise networks: Datamonitor
Leading integrators DHL, TNT, FedEx and UPS need to reorganise their networks as a result of structural changes in the industry according to consulting firm Datamonitor. Despite severe cost cutting programmes, the four major integrators have all recorded a major drop in profi ts in the last quarter, largely due to significantly lower volumes as well as customers opting for cheaper alternatives, Datamonitor noted in anew report. “However, both DHL and UPS companies have gained some … [Read more...] about Leading integrators need to reorganise networks: Datamonitor
Leading integrators need to reorganise networks: Datamonitor
Leading integrators DHL, TNT, FedEx and UPS need to reorganise their networks as a result of structural changes in the industry according to consulting firm Datamonitor. Despite severe cost cutting programmes, the four major integrators have all recorded a major drop in profits in the last quarter, largely due to significantly lower volumes as well as customers opting for cheaper alternatives, Datamonitor said in a statement. "However, both DHL and UPS companies have gained some significant … [Read more...] about Leading integrators need to reorganise networks: Datamonitor