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Current Issue

July 2010

Payload Asia Issue Cover

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Freight Forwarders

Datamonitor: Positive economic signs a start

-28 Aug 2009

Positive economic indicators coming out of Europe, Asia and the US over the last ten days give reason to forecast a recovery in the global logistics and express industry. However, for global freight and parcel volumes and revenues to rebound significantly there will need to be ...

TNT continues Viet expansion with new ops hub

-24 Jul 2009

TNT, leading provider of integrated express services, officially opened its expanded and re-modeled International and Domestic Operations Centre in Ho Chi Minh City this week. Located next to Tan Son Nhat International Airport, the 3,000 sq metre facility features state-of-the-art ...

DHL profit plunges 71 per cent, outlook uncertain

-24 Jul 2009

Depressed revenue and bad debts pushed profit in the second quarter down 71 per cent for The world's biggest logistics company as Deutsche Post DHL warned of tough market conditions going forward. Profit plunged to US$93.7 million from $328 million a year ago. Mail, express, freight ...

Schenker begins ops at new Korean semiconductor facility

-24 Jul 2009

DB Schenker has extended its involvement in the Korean logistics market with the start of operations of Schenker Korea Ltd's semiconductor distribution centre at its Korea Logistics Center in the Free Trade Zone at Incheon Airport. The first of its kind in Korea, the facility began ...

DB Schenker inaugurates new Euro air freight hub

-20 Jul 2009

DB Schenker inaugurated its new €50 million European air freight hub at Frankfurt Airport this week, with operations to begin in early August which will see import and export units currently operating at different sites merged into a single unit at the airport. “This European ...

China posts 7.9% GDP growth for second month

-17 Jul 2009

China has reported a 7.9 per cent year-on-year growth in its estimated gross domestic product (GDP) for the second quarter, spurred by a government economic stimulus package. The April-June figure was up from 6.1 per cent in the first quarter and took China's GDP growth to 7.1 ...

IATA matters

-1 Jul 2009

In giving his E-freight update, Peter Chong, director IATA Cargo Services Asia Pacific noted that “great strides” had been made since 2006/7 and by next year 20 documents representing 64 per cent of paper volume will be converted to electronic format. In 2009 the number ...

AUSTRALIA & NZ: NZ Bloodstock adds two Oz-NZ flights

-1 Jul 2009

New Zealand Bloodstock Airfreight has announced the addition of two new scheduled flights with weekly services from Auckland to Christchurch and Christchurch to Sydney.“Our new service to Christchurch will make ...

AUSTRALIA & NZ: Air freighting of Australian livestock surges

-1 Jul 2009

Australia’s livestock air freight exports have grown 150 per cent in value over last year according to the latest figures from LiveCorp which said growing demand for genetics from emerging livestock-producing nations is behind the record number of Australian sheep, goats ...

CHINA: Universal sells cargo agency business

-1 Jul 2009

Figures released by the Kuala Lumpurbased Universal Travel Group announced plans to sell its air car...

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