Tag: Asia

UPS sees HK as key hub

Posted by | Apr 8, 2002 | |

UNITED Parcel Service (UPS), the United States express cargo company, is planning to make Chek Lap Kok its Asian hub for its flights to Europe in a move that will strengthen Hong Kong’s role as the region’s airfreight centre. Charles Adams, UPS Asia-Pacific president, told the Hong Kong iMail: “Hong Kong is a good place for Europe because there is more volume.” Speaking after the opening of the UPS transshipment hub at Diosdado Macapagal international airport (DMIA), formerly Clark airbase, about 80 kilometres north-west of Manila, Adams said UPS would use DMIA to consolidate European-bound freight from Southeast Asia. Planes would then transport this express freight to Chek Lap Kok “where we would mix it with Hong Kong cargo and match up with the rest of volumes from north Asia

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FedEx picks up four major awards

Posted by | Apr 8, 2002 | |

FEDEX Express, the world’s largest express transportation company, received four major awards at the 16th Asian Freight Industry Awards 2002 organised by Cargonews Asia in Singapore recently.
The awards were for Best Air Cargo Carrier – North America, Best All Cargo Airline, Best Road Haulier (trucking) – Asia, and Best Total Logistics Operator.
The winners were chosen from nominations by 13,000 senior industry professionals throughout Asia to nominate the best companies in 37 categories denoting industry sector and the four major trading areas in the world, namely Asia, Europe, North America and the Middle East.

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'Indonesian consumers need something more'

Posted by | Apr 7, 2002 | |

Growing competition among courier service providers has prompted business players to provide additional services for customers. Fast delivery on its own no longer impresses users.
Courier service providers have realized that “express” is not the only term sought by customers, but also logistics, transportation, customs brokerage and inventory management.
With the increase in Internet usage, few sectors still require the human and physical touch. However, it will likely remain impossible to send a parcel containing chocolate to the front door of a customer’s house by Internet. Therefore, courier service providers are still needed.

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UPS profits soar on direct cargo flights

Posted by | Apr 5, 2002 | |

UNITED Parcel Service (UPS), the United States cargo and airfreight giant, is eyeing additional traffic rights for direct cargo flights between China and the US after revenues topped US$200 million (HK$1.56 billion), double its forecasts, in the first year of operations.
UPS president Ronald Wallace said that when the six direct China-US services were launched on April 3, 2001, “we projected to break even in a year”.
But he added: “We broke even in seven months, exceeding volume and profit projections. From forecasts of US$100 million in revenue we have gone to well over US$200 million revenue in a year.

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Chinese law delivers shipping controversy

Posted by | Apr 4, 2002 | |

Private express shipping companies, including U.S.-based giants FedEx, UPS and DHL, are facing a May 6 deadline to turn over the bulk of their business in China to the government-run postal service.
Under the order, private services may not deliver any letters or packages under 1.1 pounds, may not charge prices below those of China Post and may not deliver to private homes or major government offices. The restrictions would apply to shipments within China and those to or from other countries.
Li Limou, a spokesman for a trade group representing the delivery companies, says the rules would wipe out 60% of the business private express shippers do in China.

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