TPG, through its Chinese logistics joint venture ANJI-TNT Automotive Logistics Company (ANJI -TNT), part of its TNT Logistics division, has signed the largest automotive inbound logistics contract awarded in China to date.
The five-year contract between ANJI-TNT and Shanghai Volkswagen (SVW) was signed at the recent first anniversary celebration of the ANJI-TNT joint venture and is expected to have total revenues of over EUR 100 million.
Read MoreDHL and Open Harbor, Inc., today announced the successful second pilot deployment of DHL’s Worldwide Clearance System (WCS) to DHL’s Ireland operations. Powered by Open Harbor’s real-time Web-based platform, DHL’s WCS standardizes customs clearance processes across hundreds of its locations and millions of customers’ clearance transactions each year.
“WCS will provide DHL with total customs clearance systems integration and real-time visibility into the global trade process,” said Jeffrey Bass, DHL’s WCS program director. “In Malaysia, we’re already recognizing a significant boost in operational efficiency. Our deployments of WCS in Cork, Shannon and Dublin should provide the model for other locations within Europe.”
Open Harbor’s automated solution collects and continuously updates regulatory data. The system now holds over 8,000,000 trade rules. Once fully implemented, WCS will provide every DHL clearance location with the latest information on international trade regulations.
Read MoreTNT Express Worldwide (M) Sdn Bhd expects to see revenue growth of 10 per cent for 2003, despite seeing a drop-off in volume of express materials handled in the second quarter. “We are on track. We expect demand to pick up in the second half to meet our full-year revenue forecast,” managing director L C Lee told reporters during a press conference in Petaling Jaya yesterday. He said the company was affected by the reduction in flight frequencies to areas hit by Severe Acute Respiratory Syndrome, but it managed to reduce the impact by re-routing shipments to other gateways.
Read MoreAPC, the 110-strong next-day network started operations at a new hub on Monday that gives a huge boost to capacity.
The hub is just off the M6 j11 and was built for Initial Citylink a decade ago. It has 54 doors against just five nearby premises APC was using up to this week. Lighting and power have been upgraded and a £350,000 close-roller conveyor system installed by PJ Gavin & Sons of Swansea.
Read MoreU.S. package-carrier Airborne Inc. plans to offer low prices to win business in the U.S. market now dominated by rivals UPS and FedEx once it merges with DHL, Airborne’s chief executive said on Thursday. CEO Carl Donaway said the combined company would court small and medium-sized American businesses, which pay the highest rates for deliveries of packages and documents. ‘We are going to be very, very aggressive in that small and medium-sized marketplace,’ Donaway said in an interview in New York with Reuters. ‘Quite clearly, we have always been a price-moderating influence. Whenever we show up, FedEx and UPS have had to respond very aggressively with pricing.’ In March, Seattle-based Airborne agreed to sell its ground operations to DHL, a unit of Germany’s Deutsche Post AG (DPWGn.DE), in a $1 billion deal.
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