Tag: China

DHL sees Asian express logistics market share grow 1-2percent

Posted by | Aug 2, 2004 | |

DHL, which Deutsche Post World Net AG wholly owns, said it expects its share in Asia Pacific’s express logistics market to grow at a steady rate of 1-2 pct in the next few years, mainly due to its China operations.

‘At the moment, we believe we are taking 1-2 pct market share a year (from our competitors) and we expect that to continue for the next few years,’ said DHL Express Chief Executive Officer for Asia Pacific John Mullen.

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FedEx seeks to add more flights to China

Posted by | Jul 30, 2004 | |

FedEx Corp. said Friday it has applied to add 18 new weekly cargo flights to China under a new Sino-US aviation agreement, including six to a new destination, Qingdao, a city of East China’s Shandong Province. FedEx now operates 11 flights a week between the United States and the Chinese cities of Shanghai, Beijing and Shenzhen, but it wants to more than double its operations to the mainland, Asia Pacific President David L. Cunningham said.

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DHL increases investment to meet Sino-Us Express demands

Posted by | Jul 28, 2004 | |

Global express delivery leader DHL recently announced an expected USD1.2 billion investment in its North America operations to significantly increase capacity and enhance overall service. Owing to the close trade partnership between China and the United States, the expansion into the US market will endow DHL with greater service and operation capacity to meet the Sino-US express demands of its customers.

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UPS aims to set up first US carrier hub in China

Posted by | Jul 23, 2004 | |

United Parcel Service Inc, which has seen double digit growth in China in the past three years, is aiming to become the first US airline to set up a hub on the mainland.

A landmark aviation deal set to be signed by the US and China tomorrow will allow US carriers to establish hubs in China provided they meet certain requirements, including 72 weekly flight movements in and out of the country.

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