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27. April 2024
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Tag: Forwarding

Retail Asia17/04/2024
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Logistics

Southeast Asia emerges as top growth market for APAC region, according to new FedEx survey

5min0
FedEx Express, a subsidiary of FedEx and one of the world’s largest express transportation companies, today released findings from its latest research report conducted in partnership with Forbes Insights. The report aimed to identify key international growth trends for small and medium-sized enterprises (SMEs) in the Asia Pacific region over the next three years. The […]
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Retail Asia09/02/2024
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Logistics

JD.com partners with parcel company Evri in the UK

2min0
JD.com is supporting the growth of British businesses in the Chinese market as it partnered with parcel delivery company Evri to combine their expertise and resources in e-commerce and logistics. The partnership will combine JD.com’s advanced e-commerce capabilities with Evri’s extensive delivery network across Europe. The services will include local pickup, warehousing, international transportation, access to […]
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Retail Asia06/02/2024
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Logistics

Cathay Cargo volume up 20 percent in December

2min0
Cathay Pacific’s cargo business ended 2023 on a high note, finishing with around 1.4 million tonnes, compared with about 1.2 million tonnes in 2022, in what it described as ‘an encouraging result.’ Cargo volume in December jumped 20.7 percent year on year, as the airline carried 128,546 tonnes with cargo revenue increasing 14.1 percent year on […]
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Retail Asia14/09/2023
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Logistics

Qatar Airways, DSV open new cargo route from HSV

2min0
Qatar Airways Cargo and DSV Global Transportation and Logistics have teamed up to launch a new route from Huntsville airport (HSV) in the US with two freighter services each week. The carrier will operate its Boeing 777 freighters twice a week from Felipe Ángeles International Airport in Mexico to Huntsville en route to Doha via […]
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Retail Asia21/08/2023
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Logistics

Etihad Cargo stretches express moves on e-commerce

13min0
With cargo volumes way below what the industry saw over the last 2 years, airlines, logistics players and other stakeholders are trying to figure out which sectors could likely drive back more shipments moving by air. One of those that could be a driving factor is e-commerce, particularly exports coming from Asia. With operations between […]
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Retail Asia09/08/2023
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Logistics

SingPost’s Li Yu on e-commerce, logistics and more

10min0
Singapore Post announced dividends in May as the group posted a record revenue of S$1.9 billion for the financial year 2022/2023, with the international business contributing around 90 percent of the total. In an unpredictable market environment, SingPost’s logistics unit contributed 90 percent of the total operating profit, serving as a buffer for the decline […]
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Retail Asia20/07/2023
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Logistics

DHL Supply Chain to spend €500m in Latin America

2min0
DHL Supply Chain has announced a landmark investment of €500 million into Latin America over the next years (until 2028) as part of a strategy to strengthen its capabilities in high-demand sectors like healthcare, automotive, technology, retail and e-commerce. Projects in the pipeline include decarbonizing the domestic fleet through greener alternatives; building, developing and retrofitting […]
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Retail Asia17/07/2023
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Logistics

DHL tops up with Turkish Cargo in Istanbul

2min0
DHL Global Forwarding is strengthening its air cargo partnerships in Istanbul and has signed a memorandum of understanding that will extend its operations at Turkish Airline’s modern SMARTIST cargo facility. Turkish Cargo supports DHL forwarding unit’s global hub concept with its vast knowledge and advanced operational capabilities at Istanbul Airport. Based on the MoU, DHL […]
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Retail Asia05/07/2023
Logistics

DHL Express to build new Helsinki facility

3min0
DHL Express is set to build a logistics center for international air shipments at Helsinki-Vantaa Airport and is allocating around €100 million for the entire lease period for new premises and technology in the Aviapolis area. Once operational, the airside access will DHL aircraft parked on the apron to be reached directly from the new […]
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Retail Asia30/03/2023
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Logistics

Port operators want container fee raised

2min0
Seaport operators want the government to increase its terminal handling charge as they claim they lose billions of dollars annually at the current level, which is lowest in Southeast Asia. In a proposal to the government by the Private Sector Development Committee, port operators say that the current terminal handling charge (THC) in Vietnam is […]
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Retail Asia27/03/2023
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Logistics

Sanctions hit Vietnamese exports to Russia

2min0
Vietnam’s exports to Russia fell by nearly 60% year-on-year to US$205 million in the first two months of this year. Iron and steel, footwear and electronics exports almost came to a halt while those of agriculture produce like rice, vegetables and seafood fell by 20-50%, according to the Vietnam Trade Office in Russia. Rubber, garment […]
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Retail Asia06/03/2023
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Logistics

Sea shipping costs dip amid sliding demand

6min0
Sea shipping costs have plunged by over 80% from the previous peak as consumption has dropped amid inflation concerns. Tran Lam Son, CEO of wood and furniture exporter Thien Minh, said that shipping a container to Europe now costs around $1,700, down nearly 92% from the peak of $20,000 a couple of years ago. The […]
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Retail Asia27/12/2022
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Logistics

Trade to surpass $730B for first time

3min0
Vietnam’s trade is expected to reach US$732 billion this year, the highest ever, increasing 10% against last year, the Ministry of Industry and Trade said. Exports are estimated at $371.5 billion, up 10.5% against 2021, and imports at $360.5 billion, up 8.5%, resulting in a trade surplus of $11 billion, the ministry announced at a […]
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Retail Asia22/11/2022
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Logistics

Malaysia to test air cargo community system at KUL

3min0
Efforts are coming in all forms to support Malaysia’s competitiveness in its transport and logistics sectors as plans to introduce a platform that will connect stakeholders of Kuala Lumpur International Airport are underway. Air cargo software provider Kale Logistics Solutions and tech company Dagang NeXchange (DNeX), through its subsidiary Dagang Net, have signed a partnership […]
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Retail Asia17/05/2022
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Logistics

Innovative logistics models in great demand

14min0
Hardy Diec, Managing Director of FedEx Express Indochina, predicts greater demand for innovative logistics models to enhance online to offline customer experience and support swift pivot businesses. What’s the status quo with the logistics industry? Supply chains have never been more important. More than that, reliability and accuracy in these supply chains have now become […]
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Retail Asia31/03/2022
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Uncategorized

Kerry Logistics Network posts 102% growth in Core Net Profit

7min0
Kerry Logistics Network Limited (‘Kerry Logistics Network’ or together with its subsidiaries, the ‘Group today announced the Group’s annual results for 2021. Group’s Financial Highlights Revenue (including revenue generated from discontinued operations) increased by 53% to HK$81,771 million (2020: HK$53,361 million) Core operating profit increased by 88% to HK$6,229 million (2020: HK$3,320 million) Core net […]
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Retail Asia15/02/2022
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Logistics

AirAsia X signs cargo deal with Teleport in bid to boost freight

3min0
The announcement came just days after Capital A revealed plans to reorganize the airline division and diversify in an online press conference. During the conference, Capital A’s chief executive Tony Fernandes said that for the foreseeable short-term future, the focus of AirAsia Aviation Group will be on short-term travel within the Southeast Asian region. The Teleport deal […]
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