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
FedEx
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%
China throws up barrier to int'l express carriers
A new Chinese postal law may make life difficult for international express carriers operating in China to expand their business. The Chinese government on enacted a new postal law on 24 April that bars foreign companies from delivering domestic express letters. Without access to this segment it may be difficult to operate international express business in the country according to the Brussels-based Global Express Association, who called the move by China "protectionist". The market for express … [Read more...] about China throws up barrier to int'l express carriers
China throws up barrier to int’l express carriers
A new Chinese postal law may make life difficult for international express carriers operating in China to expand their business. The Chinese government on enacted a new postal law on 24 April that bars foreign companies from delivering domestic express letters. Without access to this segment it may be difficult to operate international express business in the country according to the Brussels-based Global Express Association, who called the move by China "protectionist". The market for express … [Read more...] about China throws up barrier to int’l express carriers
FedEx pulls 14 aircraft from service
FedEx Corp is pulling capacity as the ongoing downturn hits its global express business, with the US-based carrier announcing in a notice to the Securities and Exchange Commission earlier this week that it will remove 10 Airbus A310-200s, four Boeing MD10-10s from service between now and the end of the quarter ending May 31. "This decision reflects management's ongoing efforts to optimise the company's express network in light of continued excess aircraft capacity due to weak economic conditions … [Read more...] about FedEx pulls 14 aircraft from service
