Tag: Worldwide

Boeing remains optimistic about China air cargo freights

Posted by | Sep 5, 2007 | |

Boeing expressed a positive outlook with regards to China’s air-cargo traffic, with an expected rise of 6.1% a year for the next two decades.

The rationale for this growth is backed by the increasing number of airlines that will be involved in transporting manufactured products from China. With global trade forecast to rise by 7.6% by the end of the year, more products will be shipped, thereby increasing demand for cargo planes.

According to the International Air Transport Association, an international industry trade group of airlines, China’s overseas air-cargo transportations are expected to increase at a rate of 14% per year for the next couple of years.

Statistics have shown that in the first half of the year, cargo volume rose by 15% to a total of 1.83 million tons.

With China enjoying the most rapid growth in the world, many airlines including Lufthansa, Korean Air Lines and Singapore Airlines have forged cargo airline ventures.

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Air Courier market value in Italy

Posted by | Sep 1, 2007 | |

Main findings of the study are:
– EUR 700 million
– 8% annual growth
– Air courier service represents around 6 pct of total exports in Italy (high added value products)
– Key element for the success of Italian companies in the USA, China and India.

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Deutsche Post denies CFO Ernst will be replaced

Posted by | Aug 31, 2007 | |

Deutsche Post World Net AG denied a report in Financial Times Deutschland that its chief financial officer Edgar Ernst and his deputy Bernd Boecken will be dismissed in reaction to the company’s sluggish share price and harsh investor criticism, a spokesman told Thomson Financial News.

The spokesman confirmed that the company is drafting a new strategy for its communication with financial markets, which chief executive Klaus Zumwinkel will present on Nov 8.

He said that the new strategy will be based on a survey conducted by Boston Consulting Group of what exactly investors and financial markets expect.

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Collaboration with the World Customs Organization

Posted by | Aug 30, 2007 | |

The World Customs Organization (WCO) and the UPU have just signed a new memorandum of understanding. This agreement, aimed at taking greater account of the needs of international trade, recognizes the importance of a single postal territory, the universal postal service, and security measures for international mail transport networks. It represents another chapter in the collaboration between the two organizations which began in 1965. The last agreement, signed in 1994, was aimed at countering drug trafficking.

Customs is a vital link in the international mail processing chain, and the UPU strives to improve mail exchanges between countries by speeding up and simplifying the customs treatment of postal items. In 2005, the UPU estimated that some 43 million parcels had passed through the international service – an increase of 3.4 pct compared to 2004. By promoting the universal service, the UPU seeks to ensure that users of the postal service can send and receive goods and messages from point A to point B anywhere in the world.

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