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
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
AAT’s May throughput down 31%
Asia Airfreight Terminal Co Ltd announced its tonnage throughput for May 2009 was 37,039 tonnes, down 31 per cent compared with the same month last year with AAT general manager, Planning & Services, Nelson Lee pointing to the opening of Fedex’s new Asia-Pacific Hub at Guangzhou’s Baiyun International Airport as playing a significant part in the weak tonnage performance. Export cargo registered 23,613 tonnes, a decline by 36 per cent against same period last year. Import … [Read more...] about AAT’s May throughput down 31%
AAT's May throughput down 31%
Asia Airfreight Terminal Co Ltd announced its tonnage throughput for May 2009 was 37,039 tonnes, down 31 per cent compared with the same month last year with AAT general manager, Planning & Services, Nelson Lee pointing to the opening of Fedex’s new Asia-Pacific Hub at Guangzhou’s Baiyun International Airport as playing a significant part in the weak tonnage performance. Export cargo registered 23,613 tonnes, a decline by 36 per cent against same period last year. Import … [Read more...] about AAT's May throughput down 31%
