The Airport Authority said it has awarded a franchise to DHL International (Hong Kong) Ltd for the development, construction and operations of the Express Cargo Terminal at Hong Kong International Airport.
The franchise will last for 15 years, with a total investment of 780 mln hkd
Read MoreIndiapost, the postal service under the Union communications ministry, is readying to slug it out with the private sector to grab a larger market share. To take the fight right into competitors territory, Indiapost will set up call centres. So next time you have to send a consignment, just dial a hotline number.
Indiapost is experimenting with outsourcing few of its operations relating to mailing of consignments which can be handled by private call centres.
Read MoreTDG‘s estimates of the reverse logistics market in major European markets.
Read MoreEuropean Union (EU) has replaced US as the biggest market for outbound traffic from India for Fedex Corp. EU now accounts for 27 per cent of Fedex Corps total outbound business from India while the US has slipped to 23 per cent. Earlier, the US shares was 27 per cent while EU was 23 per cent.
Read MoreInvestment and dot-com are almost mutually exclusive terms, but FedEx Corp. is spending money on FedEx.com and says the funds are yielding notable cost savings. FedEx.com, which gets about 4.5 million unique visitors a month, is saving the company $25 million each month, CIO Robert Carter said at a FedEx investors meeting Tuesday in New York. The site gets an average of 2.3 million package-tracking requests a day, which adds up to savings for the company because no FedEx employees need be involved.
Read MoreDFDS TRansport Ltd has won a logistics management contract for a new range of clothing being launched by the 5 times Olympic gold medallist Sir Steve Redgrave.
Read MoreHays Logistics’ strong portfolio of contract renewals and new business gains across Europe helped Hays plc to achieve a solid performance in a difficult market during the period July 1st 2001 to June 30th 2002.
Read MoreScandinavian Airlines System said SAS Cargo has won a new four-year contract with the Norwegian Post Office worth about 170 mln nkr per year.
The new contract makes SAS Cargo “sole supplier for the major share of the Norwegian domestic market,” it said.
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