Tag: DHL

South Korea upgrades Incheon duty-free zone

South Korea says it will expand the duty-free zone at Incheon International Airport near Seoul as part of the government’s effort to turn the gateway into a logistics hub for Northeast Asia. Officials say construction on a customs-free area due for completion next year. An additional 10 million square-feet will also be designated as part of the duty-free zone “as early as in February,” a spokesman at the Ministry of Construction and Transportation said.

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DHL forecasts 20% growth in Chile in 2004

DHL Express projects operations in Chile will rise 20% this year, well above the worldwide company average of 13 reports Marketing Manager Ricardo Norambuena.

The new growth is a result of Chile’s decision to adhere to its free trade treaty with the U.S., and DHL developed new services and products supported by the agreement. DHL also has broadened services to include purchase orders for exporters.

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Thailand risking air express business

Thailand’s new international airport risks losing out on the opportunity to become a regional hub for air freight unless it establishes express cargo facilities, industry executives warn. The express warehouse and custom-free zone planned for Bangkok’s new Suvarnabhumi international airport will be about half a mile from the airside area with space of 1.5 million square feet, against 2.1 million at the current Dong Muang airport.

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DHL-Sinotrans opens branch in Taizhou

DHL-Sinotrans, a 50/50 joint venture between the world’s leading express and logistics company DHL and China National Foreign Trade Transportation (Group), recently announced the establishment of the Taizhou Branch in Eastern China’s Zhejiang Province.

During the last four months, DHL-Sinotrans increased branches in china from 39 to 50.

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