Latin America’s Booming International Logistics Market
Latin America’s Booming International Logistics Market
Read MoreTag: Courier/Express/Parcels
Chilean express delivery market to grow 14 percent in 2004
The Chilean express delivery market is expected to grow by 14 percent in terms of volume in 2004 helped by the US and Chilean economic recoveries and the recently signed free trade deals, according to forecast by Juan Carlos Aravena, sales director of UPS Chile, the Chilean subsidiary of UPS, the US express delivery company. Mr. Aravena estimates the domestic express delivery market at about USD50mil (between 5,000 and 6,000 parcels per day).
Read MoreFedEx plans twin Asia-Pacific hubs, while celebrating a new Sino-US air deal
FedEx will pursue a dual-hub strategy for Asia-Pacific in light of the new Air Services Agreement struck in Washington last week.
Asia’s No2 express operator by sales has been in talks with officials at the airport in the Philippines and the new Guangzhou Baiyun International Airport about the location for its future regional hub. “You will see us form a multi-hub operation from somewhere in the Philippines as well as China,” FedEx Asia-Pacific president David Cunningham said yesterday.
FedEx follows a similar strategy in Europe, where two satellite hubs support its main facility at Charles de Gaulle International Airport in Paris.
Read MoreFedEx plans to launch services to 100 more Chinese cities
FedEx Corp plans to launch express delivery services to 100 more cities in China and open a distribution hub in the country.
FedEx Chairman and Chief Executive Fred Smith said that he is confident of opening a third Asian distribution hub in Guangzhou, dismissing concerns that the new hub will undermine existing centers in the Philippines and Japan.
Read MoreDHL announces USD1.2 billion investment in U.S. Operations
Global express delivery leader DHL today announced an expected USD1.2 billion investment in its North America operations to significantly increase capacity and enhance overall service. DHL’s unmatched global network and enhanced strength in North America will provide shippers with a seamless product offering and more options to meet their everyday shipping challenges. “This investment marks an historic turn in the express and ground parcel delivery business as DHL brings a strong alternative to the U.S. shipping market, providing a much needed choice to businesses and consumers across America,” said John Fellows, CEO of DHL Express Americas. “With this expansion, we are delivering on our promise to fully integrate our network operations and solidify DHL as a competitive force in the U.S. marketplace, allowing our customers to do business more quickly, efficiently and competitively.”
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