Asia – Page 87
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Kerry Logistics JV in Indonesia
Kerry Logistics has formed a joint venture in Indonesia as a platform for expansion.The new JV sees Kerry Logistics join forces with Puninar Logistics, one of Indonesia's largest companies in the sector.Kerry-Puninar Logistics will combine Kerry Logistics' global supply chain expertise and international freight forwarding network with Puninar Logistics’ local ...
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Hactl welcomes pledge to ease Hong Kong's labour shortage
Hong Kong Air Cargo Terminals (Hactl) has welcomed the political commitment to address Hong Kong’s chronic labour shortage, which has pushed up costs for the airfreight industry.In his policy address earlier this month, the chief executive of the Hong Kong Special Administrative Region (SAR), C Y Leung, said he would ...
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Hong Kong on the rise
Hong Kong Air Cargo Terminals Limited (Hactl) finished 2014 with a strong final quarter that helped fuel an 8.7 per cent rise in full year handled volumes to just over 1.8m tonnes.Hong Kong’s major independent cargo handler ended 2014 with its strongest quarter of the year, handling 491,000 tonnes, an ...
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1.45m tonne debut year for Hong Kong terminal
Cathay Pacific Cargo Terminal (CPCT) handled 1.45m tonnes of cargo in 2014, its first full year, with transshipment traffic the main driver at 54 per cent of volume throughput.Import and export cargo tonnage throughput were 15 per cent and 31 per cent, respectively, said parent company Cathay Pacific Services Ltd ...
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Transhipment sags but Changi is stable
Singapore Changi Airport’s cargo volumes were stable at 1.84m tonnes in 2014 compared with 2013, although passengers hit a record 54.1m.Flight movements dipped 0.7 per cent to 341,390 for the year. In December 2014, the airport handled 158,600 tonnes of cargo (+1.4 per cent).Total cargo throughput for 2014 was up ...
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Turkish Cargo opens new terminal at Istanbul
Turkish Airlines’ new cargo terminal at Istanbul airport is now fully operational after completing a transition phase.The facility has an annual capacity 1.2 million tonnes and a total area - airside and landside - of 71,000 sq m.Said a spokesperson: “With the launch of the new cargo facility, operational processes ...
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DHL Shanghai’s cool chain investment
DHL Global Forwarding has opened a RMB115m (€16m) expansion of its Shanghai air freight terminal, including a new warehouse and 1,600 sq m of cold storage for life sciences and healthcare customers.The logistics arm of Deutsche Post DHL says that its new Shanghai air freight centre has been developed on ...
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Dentressangle extends HK consolidations to the UK
Norbert Dentressangle is extending its Hong Kong air cargo consolidations to the UK, following the launch of a similar service to Paris.With cargo space on flights from China and Hong Kong at a premium in the weeks and months leading up to the Chinese New Year, the freight forwarder will ...
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Support grows for Hong Kong's self-funded third runway
Cathay Pacific Airways has reiterated its “unequivocal support” for a third runway at Hong Kong International Airport (HKIA), the world's top cargo hub, believing that the project can be self-funded.Cathay Pacific chief executive Ivan Chu said: “There is an urgent need to move ahead with the third runway project as ...
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Hong Kong's equine VIPs
Hong Kong Air Cargo Terminals Ltd (Hactl) handled all 62 horses competing in the Longines Hong Kong Masters event, representing one of the largest horse handling assignments in its 38 year history.It is the third successive year that Hactl has handled the event’s equine show jumping stars.The terminal operator handled ...
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APL deal gives Kintetsu global clout
Japanese-owned forwarder Kintetsu World Express (KWE) said its planned acquisition of APL Logistics (APLL) from Singapore-based NOL Group would allow it to combine its air and sea freight expertise with APLL’s logistics and value-added services.It would also give it a management base that can compete on a par with European ...
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Japanese post office swoops for Toll
Toll Holdings, Australia’s largest international logistics company, is to be sold to the Japanese post office in a deal worth A$8bn.The announcement came the day after another giant of the Japanese freight industry, Kintetsu World Express, said that it was buying APL Logistics from Singapore-based shipping operator NOL Group.Toll will ...
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Analysis: Japan's push for logistics growth
Japan Post Office’s move to acquire Australia’s Toll Group is seen by analysts as partly an attempt to stave off sluggishness in Japan’s domestic market.This is true for all Japanese companies, but particularly so for the post office, which is facing weakening demand for traditional mail and parcel delivery services, ...
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2015 looks set for merger and takeover boom
A lower oil price looks set to fuel 2015 mergers and acquisitions (M&A) activity in the transport and logistics sectors.Global consultancy PwC believes that one key driver of improved M&A across modes “will likely be the decline in fuel costs globally, as oil prices have fallen to their lowest level ...
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Minister praises Singapore streamlining
Initiatives by Singapore ground handler SATS to streamline cargo pallet handling, and a warehouse reorganisation to reduce processing time were among projects singled out for praise by Singapore’s transport minister Josephine Teo.There was also ministerial praise for a cargo track and trace scheme by forwarder DB Schenker.The Aviation Productivity Conference, ...
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Hong Kong will be a three-runway airport by 2023
Hong Kong's government has approved a third runway for the city’s international airport.Expected to open by 2023, it will help the island maintain its status as the world’s busiest air cargo hub and help Hong Kong maintain its position against other Asian rivals in China and Singapore.The HK$141.5bn (US$18.2bn) scheme ...
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India's Jet Airways to wet-lease Etihad freighter
India’s Jet Airways is to launch dedicated freighter operations using an A330-200F aircraft wet-leased from its strategic-partner, Etihad Airways.Subject to regulatory approvals, the aircraft will fly from an operating base in New Delhi from April 2015 to a number of international and domestic destinations, including Bangalore, Hong Kong, Hanoi and ...
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Shanghai’s new perishables centre to open in July
Shanghai Pudong International Airport Cargo Terminal (PACTL) says its new perishable centre is nearing completion and should go into operation in July 2015, once it has gained IATA certification.The 3,500 sq m site will include a deep freeze area (-18 degrees Celsius), several cool storage facilities (+4 to +8 degrees ...
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Big jump for Cathay and Dragonair in February
Cathay Pacific and Dragonair’s airfreight volumes jumped 28.8 per cent in February compared with the same month in 2014.Between them, the two airlines carried 130,467 tonnes of cargo and mail in February.Cathay Pacific’s general manager cargo sales and marketing, Mark Sutch, said: “The high-year-on-year tonnage growth reflects the overall improvement ...
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Aid agencies prepare airlift to Vanuatu
Aid agencies and the military have scrambled to fly supplies into Vanuatu, after the Pacific island nation was hit by Cyclone Pam last week.The Category Five tropical storm hit Vanuatu with winds of up to 170mph, causing widespread damage and knocking out power, water and other services.The storm is likely ...