Courier & Mail

  • DHL forecasts 20% cargo drop, 1st improvement 2010

    The head of DHL Global Forwarding (DHL GF), the world’s largest forwarder, said the company expects shipping volume – both air and ocean shipments – around the world to decline 20 per cent in the first half of 2009...... Read More
  • China air traffic growth slows to single digits

    China’s air travel growth fell into single digits, the first time in five years, as a slowing economy hit air travel demand, according to official data. Chinese carriers handled 4.03 million tonnes of cargo last year, up 0.3 per...... Read More
  • UPS reports full-year ’08 profit

    UPS reported full-year 2008 net income of US$3 billion, widened significantly from a US$447 million profit in 2007 when its results were skewed by a one-time US$6.1 billion pension payment. But it said it must make “tough decisions” to...... Read More
  • Paramount Air to launch d2d cargo service

    Paramount Air to launch d2d cargo service Chennai-based Paramount Airways is planning to launch a door-to-door cargo service under its own brand. “We are going to launch an all emcompassing cargo division. It will be for door-to-door cargo service...... Read More
  • US small-business optimism revealed in UPS survey

    Despite the steady stream of grim economic news, a large majority of US small-business owners are optimistic about their company’s financial future, according to two nationwide surveys sponsored by UPS. In the first UPS Business Monitor United States, conducted...... Read More
  • Dubai World subsidiary forms mail JV

    Middle Eastb sedholding company DubaiWorld has announced arecently-formed subsidiary of its Economic Zones World(EZW) business relatingto the mail activities of EZPost FZE. In a statement issued late last week, the group stated that EZ Post FZE had signed a...... Read More
  • HK Post new fast courier to Asia/ Europe

    Hongkong Post has introduced a new Speedpost service – Next Flight Out (NFO) – which it says offers same-day, earliest, delivery to major Asian and European cities. The postal agency said the new service had been jointly developed with...... Read More
  • UPS adds new global service

    UPS said it will launch a new “around-the-world” flight this summer to further enhance service between Singapore and markets in the Middle East, Europe and the US. The new flight will allow UPS to enhance service by improving pickup...... Read More
  • AMERICA: NWA subpoenaed in price-fix probe

    Northwest Airlines Corp. said it has been subpoenaed by the Department of Justice in a probe of possible air cargo price-fixing, the Associated Press reported. More than a dozen airlines have been the subject of an investigation initiated by...... Read More
  • Kerry, Wincanton sign JV agreement

    Kerry Logistics and Wincanton have signed a joint venture agreement to provide international supply chain solutions. With the increasing demand for products manufactured and sourced in Asia, the joint venture will enable customers to maintain a single logistics relationship...... Read More