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July 2010

Payload Asia Issue Cover

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Logistics

FedEx Trade Networks opens EMEA offices

-1 Jun 2010

FedEx Trade Networks has opened three additional offices in its Europe, Middle East and Africa (EMEA) region. This latest step in the company’s global expansion plan includes new operations in Warsaw and Gdynia, Poland and Dubai, United Arab Emirates. FedEx noted that the strength ...

Panalpina charters AN225 to China

-1 Jun 2010

Global forwarding and logistics service provider Panalpina recently chartered an Antonov AN 225 freighter aircraft to transport high-tech machinery from Hamburg, Germany to Shijiazhuang, China with stop-overs in Minsk and Novosibirsk. The freight comprised two laser welding machines ...

DHL opens US$1.5M facility in Vietnam

-1 Jun 2010

DHL has announced that its Supply Chain division is investing more than US$1.5 million to build a new DHL Distribution Center at Vietnam’s Inland Clearance Depot Song Than, Binh Duong, located some 20km from Ho Chi Minh city centre. The centre will comprise a 15,000 ...

DHL to invest 50M to grow service logistics stake

-1 Jun 2010

Aiming to capture a growing slice of the €3 billion outsourced Service Logistics market in Asia Pacific, DHL Supply Chain has announced plans to invest €50 million over the next five years to grow its Technical Services offering, part of its overall Service Logistics ...

Canada to screen cargo in passenger bellies

-26 May 2010

In a move mirroring steps already well underway in the US, the Canadian government has announced a C$96 million (US$88.8 million) plan aimed at improving the security of Canadian air cargo, citing the potential for terrorist attacks within the commercial cargo system. The new ...

Asia-Pac sees continued cargo growth

-21 May 2010

More confirmation of the sustained recovery in the global air cargo market came today courtesy of the the Association of Asia Pacific Airlines (AAPA) with statistics showing that both air cargo and passenger markets continued to show further improvement in April despite a week ...

IATA blasts Europe again over volcanic crisis

-21 May 2010

The International Air Transport Association (IATA) called on European governments and air navigation service providers to urgently develop more precise procedures to identify ash contaminated air space and allow more flights. The call came in the wake of 1,000 flight cancellations ...

TNT launches Moscow-Liege freighter service

-21 May 2010

TNT Express has launched a five day per week air cargo service linking Moscow and its main European hub Liege, via Warsaw. The new route, operated by a B737-300 freighter providing 16 tonnes of capacity, will secure and speed up the expedition of time-critical shipments to and ...

Agility's first quarter profit plummets

-21 May 2010

Kuwait-based global logistics company, Agility has reported a drop in first quarter net profit by 52 per cent from a year ago to KD17.5 million (US$60.1 million) and warned future earnings will suffer from the loss of US military contracts in the wake of fraud charges. Revenues ...

China's 2010 trade surplus expected to fall sharply

-21 May 2010

Commerce ministry spokesman Yao Jian stated that China's trade surplus will fall steeply as the renminbi rises against foreign currencies, reported state media. Surpluses narrowed in the first quarter of 2010, with China declaring a US$7.24 billion trade deficit in March. China's ...

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