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Current Issue

March 2010

Payload Asia Issue Cover

Highlights:

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A new queen of cargo set to rule the skies

 
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The enemy within

 
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Poll

Do you believe carriers who have recently announced unilateral rate increases of anywhere up to 25 per cent will be successful?

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Too early to tell

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Freight Forwarders

IATA: January volumes continue upward trend

-5 Mar 2010

The International Air Transport Association (IATA) has announced that January 2010 demand for international scheduled air traffic showed continuing improvement, with international cargo demand up 28.3 per cent with only a 3.7 per cent increase in capacity. This pushed the cargo ...

China’s cargo figures up 68% in Feb

-5 Mar 2010

Official Chinese figures say China's cargo and mail throughput was 450,726 tonnes in February, up ...

AAPA 2009 cargo traffic down 11%

-26 Feb 2010

The Association of Asia Pacific Airlines (AAPA) has released preliminary traffic figures for the full 2009 calendar year showing AAPA member’s international air cargo traffic down 11 per cent for the year. With carriers making corresponding reductions in cargo capacity, the average ...

MASkargo to upgrade cargo complex

-21 Jan 2010

Malaysia Airlines Cargo (MASkargo) plans to invest 100 million ringgit (US$30 million) to upgrade the material handling system of its cargo handling complex at Kuala Lumpur International Airport (KLIA) over the next four years, according to MASkargo. "Although the business environment ...

101 new China stocking locations for UPS

-21 Jan 2010

UPS has announced plans to increase its service parts logistics network in China with 101 new field stocking locations (FSLs) which will complement its existing 950 FSLs in 120 countries. The UPS FSL network expansion will cover 89 key cities across China, spanning more than 110 ...

Jade aims to turn Chengdu into key cargo hub

-1 Dec 2009

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 ...

TNT foregoes mail for parcels and freight

-1 Dec 2009

Dutch express company TNT said it will focus on its express parcel and freight operations over the next five years to offset shrinking mail volumes. The group plans to accelerate growth in the US$30 billion-a-year European standard parcels market by targeting ...

UPS looking at acquisitions

-6 Nov 2009

United Parcel Service Inc (UPS) is looking for acquisitions to bolster its supply-chain and freight-forwarding units, according to its CEO Scott Davis. UPS has made more than 40 purchases in the past decade, and there are “likely to be some more” in the coming year, with ...

Panalpina third quarter slides 40%

-5 Nov 2009

Basel-based freight forwarder, Panalpina said net profit for the three months was US$3.7 million, a 40 per cent slide in year-on-year revenue. Earnings before interest and tax fell to US$10.7 million in the three months to 30 September from $57.2 million a year ago and net ...

FedEx expands Asian freight forwarding biz

-30 Oct 2009

FedEx Trade Networks, a subsidiary of FedEx Corp, has expanded its global presence with the addition of ten new freight forwarding offices in Asia. The new facilities are located in Singapore, Taipei, Taiwan, and in Beijing, Guangzhou, Qingdao, Shenzhen, Tianjin, Xiamen, and Dalian, ...

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