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Current Issue

July 2010

Payload Asia Issue Cover

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Courier & Mail

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 ...

ABX parent may expand fleet

-13 May 2010

Wilmington, US-based Air Transport Services Group Inc. (ATSG) has said it may expand its fleet by acquiring three B767-300 aircraft. ATSG is the parent corporation for ABX Air whose biggest customer was DHL Express before the German express and logistics company decided to pull ...

TNT Q1 profit rockets up 90%

-1 May 2010

TNT has posted a net profit in the first quarter nearly double that of the same period a year earlier on strong gains in the express sector, but said it remains cautious about what it sees as a fragileeconomic recovery. TNT’s net profit jumped to US$190 million ...

UPS posts strong Q1 results

-1 May 2010

UPS said its net profit soared 33 per cent in the first quarter on broad earnings gains across all its business segments giving further optimism that a full-blown economic recovery is in progress.“With global economies showing signs of recovery and UPS’ strong ...

Demand growing faster than expected

-30 Apr 2010

Demand for both international air travel and air freight accelerated in March with the rebound on the back of economic recovery exceeding expectations, the International Air Transport Association (IATA) said this week. IATA said the air traffic recovery would dip in April because ...

EU warns against "lavishing" emergency aid

-30 Apr 2010

The European Union has warned governments against lavishing emergency aid on airlines to make up for losses from disruptions in operations caused by the eruption of a volcano in Iceland. But it proposed other measures to help them recover from the weeklong shutdown of air travel. The ...

TNT and Con-way expand US-Europe offering

-1 Apr 2010

TNT and Con-way Freight have announced a new export service as an expansion of their existing relationship. The intercontinental, accelerated service will feature a day-definite, road/air/road US to Europe solution for heavier freight shipments. The two companies launched ...

UPS to layoff 300 pilots by 2011

-1 Apr 2010

US-based express company, UPS is laying off some 300 pilots world-wide between now and 2011, the company announced recently. UPS said it has more pilots than it needs to operate its airline fleet, which is flying fewer flights than it did three years ago due ...

TNT pushes road service further into Russia

-1 Apr 2010

TNT Express has expanded its international Economy Express freight service in Russia with a new road connection to Yekaterinburg, the largest city in the Urals with a population of 1.3 million. Located 1,667 ...

DHL’s Clinical Trials doubles number of depots

-1 Apr 2010

DHL has further strengthened its global Clinical Trials Logistics network by doubling the number of its global depots from 8 to 16 to include India, China, Panama, Canada, USA, Chile, Argentina and Lebanon. DHL now offers its Clinical Trials Logistics (CTL) service ...

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