Tag: FedEx

Fedex Israel has inaugurated drop shipments service

Posted by | Jan 15, 2007 | |

The new service which will be offered throughout Fedex global network will focus on multinationals and subcontractors producing products in the Far East and sell them to worldwide distributors

Yossi Aton, Fedex Israel director general announced last week the inauguration a new drop shipment service enabling fast delivery of parcels between countries.

Drop shipment is an arrangement between a business and the manufacturer or distributor of a product the business wishes to sell in which the manufacturer or distributor–and not the business–ships the product to the business’s customers.

Aton added that the new service which will be offered throughout Fedex global network will cater for a large range of businesses and will focus on multinationals and subcontractors producing products in the Far East and sell them to worldwide distributors.

Aton noted that full real time operational as well as financial control over the movement of the parcels is available through Fedex internet web.

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Air Cargo imports in Mumbai airport rise 32%

Posted by | Jan 13, 2007 | |

Air cargo imports into Mumbai airport rose 32% to 13,336 tons in November ’06, compared to November ’05, as per the latest available airports authority of India data. Exports from Mumbai dropped 1.9% in the same month, over last year, to 12,405 tons.

On the imports side, Air India maintained its lead, with 1,925 tons imported in November ’06, a rise of 24% over November ’05, followed closely by Cathay Pacific, with 1,407 tons, showing a 164% year on year growth.

Singapore airlines came in third, with 1,376 tons, up 19% and Lufthansa was fourth with 1,020 tons, up 20%.

In all cases, high industrial activity and demand for materials is showing up in rising imports cargo tonnage and origin. With China-India opening up to trade with each other, imports of machines, tools, garments, raw material, samples is rising exponentially, which benefits Cathay Pacific as the largest Hong Kong/ China based carrier.
Air India was the top carrier in exports out of Mumbai, with 2,424 tons in November ’06, up 1%. In the year 2005-06, it held 18% market share of air exports from Mumbai, which has already moved up to 19.5% in November ’06. Taking second slot is Emirates, with 1,176 tons, up 4% over November ’05.

It held 9.5% share in November ’06. Garments, textiles, gems, food items form major chunks of the cargo for both Air India and Emirates. The logistics majors FedEx and UPS turned in a 43% and 25% increase in cargo exported in November ’06 over November ’05.

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Vietnam accedes to the World Trade Organisation

Posted by | Jan 12, 2007 | |

Vietnam has finally been admitted to the World Trade Organisation, bringing its total membership to 150. The General Council of the WTO approved Vietnam’s membership on 7 November 2006, and it acceded 30 days after the agreement was ratified. The decision ends over 11 years of preparation, including eight years of negotiation.

“Vietnam has shown how anchoring domestic reforms in the WTO can yield dramatic results. Vietnam’s economic growth topped 8% last year, foreign direct investment rose steeply to over USD6 billion, and exports surged by over 20%. More must surely follow with the new laws, administrative measures, and commitments on goods and services that are in Vietnam’s membership package,” WTO Director-General Pascal Lamy said at the time of the membership approval. According to the latest WTO data, Vietnam’s merchandise exports were USD26.5 billion in 2004, and its imports were USD32.0 billion.

Many companies have not waited for the accession to commence their investment in the market. In 2006 both DHL and FedEx made agreements with the Vietnamese Post and Telecommunications Group and the Ministry of Planning and Investment to establish alliances. Also last year NYK Lines committed to sinking USD200 million into a number of shipping and logistics projects. These will include port and shipbuilding initiatives. TNT is extending its Asia road network to Vietnam, scheduled for the first half of this year, and in the last few months APL, MOL, Aramex, Kintetsu, DHL have all announced initiatives.

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DHL Romania sees 2006 turnover up 21 percent

Posted by | Dec 29, 2006 | |

DHL Romania, the local branch of U.S. delivery company DHL, expects its turnover to grow 21 pct on the year to over 20 mln euro (USD26.33 mln) in 2006, the company’s commercial director Bogdan Obretin said on December 29, 2006.

The company reported a turnover increase of 21 pct year-on-year for the first three quarters of 2006 due to consolidation of its position as supplier of complex logistics solutions, Obretin said.

DHL Romania competes in the country with international delivery companies TNT Romania, a subsidiary of Dutch TNT Express, Couriers Service, an authorised representative of U.S. delivery company UPS and U.S. Fedex, as well as domestic companies Fan Courier, Cargus, Alo Curier, Concorde and Pegasus.

[Editor’s note: The Romanian market for courier and international delivery services is seen growing 30 pct on the year to 130 mln euro (USD171.13 mln) in 2006, and further increasing at an annual pace of 25 pct to 50 pct over the next two or three years, the Romanian News Digest said on January 10, 2006.]

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