Author: Archive

Express giants united into commission

Posted by | Dec 12, 2002 | |

Last weekend, the International Express Commission formally announced its birth. There are 12 companies engaging in international express delivery in China joining the Commission.

Among those companies, there are international express giants such as FedEx, DHL, UPS, and TNT. These companies have set up joint ventures with SINOTRANS. Domestic express companies are also joining, such as China Air Express, China Railway Express Transportation, EAS Express, and COSCO Logistics. However, China Post EMS is not in the name list.

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Japanese Co's to invest in Subic, Philippines due to English skills

Posted by | Dec 11, 2002 | |

More Japanese investors engaged in manufacturing and trading businesses have expressed serious intentions to invest in Subic Freeport following the state visit of President Gloria Macapagal-Arroyo in Japan.

Subic Bay Metropolitan Authority (SBMA) Chairman Felicito C. Payumo said this after meeting with members of the Association of Small and Medium Enterprises in Japan, composed of 80 companies based in Suwa City, Nagano Prefecture.

Payumo was among the top Philippine government officials who accompanied President Arroyo in a state visit to Japan to strengthen economic ties between the two nations and to meet Japanese investors in the country.

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TNT may purchase A considerable quantity of TU-204 planes

Posted by | Dec 11, 2002 | |

According to a reliable ranking source at the Tupolev company, TNT, specializing at transiting mail by air and is among the world’s largest companies in this sphere, may purchase “a considerable quantity of Tu-204-class planes,” produced by the Aviastar-SP Enterprise of Ulyanovsk.

As the source ascertained, “at the moment TNT is using 4 Tu-204 planes, two of them with PS-90A engines produced in Russia and two Tu-204-120 planes, equipped by foreign engines. Liege is a station for 36-38 planes of the TNT airline. Approximately 80% of this fleet should be replaced within the next few years (almost 25 aircraft). TNT is satisfied with Tu-204 planes, equipped both with PS-90A and Rolls Royce engines. From the promising fleet of 25 aircraft, Tu-204 planes of Russia could count on the main part (over 50%) of that quantity.”

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Dutch TPG Applies For Cost Compensation At Fiat Plant

Posted by | Dec 11, 2002 | |

Dutch mail, express and logistics company, TPG N.V. Wednesday said that through its business unit TNT Logistics Italy, the company has started an official procedure in Italy to obtain the approval for a 12-month work stoppage for 665 employees at Fiat Auto’s Torino Mirafiori plant.

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Express industry praises U.S.-Chile free trade agreement

Posted by | Dec 11, 2002 | |

The Air Courier Conference of America (ACCA) today applauded the proposed U.S.-Chile Free Trade Agreement’s commitment to assuring fair competition in the express delivery market. The trade agreement’s terms were successfully finalized between U.S. and Chilean representatives earlier today. “We are extremely pleased with the recognition of express delivery services as a unique service sector and with the important commitments to maintain market access for our industry,” said David Spence, chairman of ACCA’s International Trade Subcommittee. Spence, who is also Senior Counsel, FedEx Regulatory and Legal Affairs, added, “The agreement will ensure fair competition between public and private providers of express delivery services.”

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