Tag: Asia

Daily Yamazake, AM/PM to start Yu-pack service in Tokyo in June

Posted by | May 6, 2005 | |

Japan Post announced Monday that Daily Yamazaki Co. and am/pm Japan Co. will begin handling Yu-Pack parcels at all of their Tokyo branches on June 1. The two convenience store chain operators, which already handle parcels delivered through Nippon Express Co, have accepted Yu-Pack parcels on a trial basis at a portion of their outlets since June 2004. Having determined that they could expect steady demand, both decided to enter full-fledged arrangements.

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Dutch TNT may pick up Indian Gati

Posted by | May 4, 2005 | |

The courier and express cargo industry in India is slated to go through a phase of consolidation. Last year, DHL Express India acquired Blue Dart and the industry is now rife with the speculation of another big-ticket acquisition.
This time, the target is learnt to be Secunderabad-based express cargo major Gati and the company eyeing it is Dutch express cargo and logistics major TNT.
TNT already operates in India, though its presence its currently limited. Gati’s acquisition will give the MNC a pan-India presence. While TNT India refused to confirm the move and described it as a rumour, Gati is in closed period and refused to comment. However, sources say that the two companies are in active negotiations.

TNT already has a limited presence in India and the acquisition of Gati will give it a pan-India presence.

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FedEx to operate Shanghai-bound cargo flights from Chubu airport

Posted by | Apr 25, 2005 | |

FedEx Corp. of the United States said Monday it will operate five Shanghai-bound direct cargo flights per week from Chubu Centrair International Airport near Nagoya starting May 9. This will bring the number of flights FedEx operates from Chubu airport to nine per week, including the existing four North America-bound flights. FedEx expects to draw strong demand for cargo flights from automobile and precision equipment manufacturers based in and outside of Nagoya, central Japan.

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Japanese gov’t shows readiness to make more concessions on postal reform

Posted by | Apr 19, 2005 | |

The government reiterated its readiness Tuesday to make more concessions over its plans to privatize Japan’s postal system as the ruling Liberal Democratic Party continued last-ditch efforts to come up with specific compromises to demand. “We are considering a framework to fully privatize Japan Post’s financing and insurance functions while not negatively affecting (special post offices and those who run them),” Chief Cabinet Secretary Hiroyuki Hosoda said in a press conference. “We are engaged in discussions on the assumption any scheme that falls in line with the purpose of that framework would be okay,” the top government spokesman said. The LDP reopened a meeting of its policy panel on postal reform Tuesday afternoon after failing to reach a consensus in its marathon talks from Monday afternoon through predawn hours Tuesday.

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DHL sees 45pc increase in China freight revenue

Posted by | Apr 8, 2005 | |

DHL Express expects China-related revenue to grow at least 45 per cent this year as more mainland manufacturers shift to producing high-technology commodities such as electronics and computer peripherals, according to a senior company executive. Scott Price, the new chief executive for Asia Pacific, said the company’s China sales grew 50 per cent to 60 per cent last year as it moved the greatest share of the mainland’s international express cargo, which analysts say is expected to reach USD1.2 billion this year. “We are very confident that our calculations on China market share are correct and we think we’re No1 at 40 per cent,” Mr Price told the South China Morning Post. “The fact that we are growing at these extraordinary levels reflects China’s move to more hi-tech manufacturing than it has ever produced before.”

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