According to Jean-Louis Demeulenaere, chief executive officer of the Geodis Group, the group’s revenues for 2008 reached €5.2 billion — a 10-per cent increase over that of the previous year — despite the financial meltdown. “Asia contributed 12 per cent to this figure and with us having launched our 4PL operations, we will create new business opportunities. We should see revenues jumping by between 18 and 20 per cent from this region alone by the … [Read more...] about Geodis Wilson eyes bigger market share
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Jade aims to turn Chengdu into key cargo hub
After carrying out an in-depth and thorough analysis of feedback obtained from freight forwarders and watching what others were doing, Jade Cargo decided that Chengdu, the capital and largest city in Sichuan province, offered the best location to build a central China hub to serve theEuropean market. In line with this strategy, Jade Cargo launched a new cargo service from Amsterdam via Vienna to Chengdu Shuangliu Airport carrying a nearly full load on 1 December 2009. The twice a week service … [Read more...] about Jade aims to turn Chengdu into key cargo hub
FedEx Express ups Romanian service
FedEx Express announced a series of service enhancements that it says will allow customers to access Timisoara, Romania’s fastest growth area, within one to three business days for International Priority shipments. The improved service will also reduce outbound transit times for customers based in Timisoara, cutting delivery times to Asia and Europe by onebusiness day. Aimed at strengthening FedEx Express service proposition in Eastern Europe, customers will see improved transit … [Read more...] about FedEx Express ups Romanian service
DHL diminishes Brussels further
DHL Express announced it is moving its headquarters from Brussels, Belgium to Germany and follows the earlier shift of operations away from Brussels airport to the new DHL hub at Leipzig/Halle airport in East Germany. Hinting at the cost savings, DHL said: “At this time the business must leverage its capabilities by consolidating some of its core functions in order to benefit from close cooperation with other DHL business units.†In addition DHL Express is moving its IT services … [Read more...] about DHL diminishes Brussels further
DHL Express pioneers direct HK-Surabaya service
DHL announced that it is the first express company to start a direct flight from Hong Kong to Surabaya – with four flights a week – to facilitate what it says are growing volumes of import cargo toEast Java. Import volumes have grown 7.84 per cent in October this year compared to September according to the latest data of the Central Bureau of Statistics of East Java, amounting to US$970 million. DHL also recorded an 18 per cent growth in shipment volumes on the Hong … [Read more...] about DHL Express pioneers direct HK-Surabaya service
Express parcels market to return to growth in 2010
The global express parcels market will contract by 13 per cent this year according to the latest Transport Intelligence report, Global Express 2010. The international express sector has been even more badly affected by the economic downturn, with revenues expected to fall by 14.5 per cent, hit by the meltdown in world trade at the beginning of the year, and only just recovering. However the report’s author, Joel Ray, expects the magnitude of the fall in 2009 to be a one off and … [Read more...] about Express parcels market to return to growth in 2010