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  Volume: XXIV, Issue No. 05 October 16-31, 2014  
     
 
 

CARGO & SHIPPING

 
Global air cargo traffic to double in next 20 years, Boeing
_A Monitor Report Seoul : Boeing projects air cargo traffic will grow at an annual rate of 4.7 per cent over the next 20 years, with global air freight traffic expected to more than double by 2033. The company relea-sed its biennial World Air Cargo Forecast at the International Air Cargo Forum and Exhibition on October 7. "We see strong signs of a recovery as air freight traffic levels continue to strengthen after several years of stagnation," said Randy Tinseth, Vice President of Marke-ting,. More...
DHL launches new direct LCL service routes to countries throughout Latin America
_A Monitor Report Bonn : DHL Global Forwar-ding extends direct consolidation service to new markets including: Brazil, Mexico, Nicaragua, and Panama. New service will reduce transit times and provide better rates to customers. DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, announced the launch of four new direct routes for Less Than Container Load (LCL) shipments to countries throughout Latin America. The new trade routes include Qingdao, China to Santos,. More...
No true budget airline in Dubai : AirAsia CEO
_A Monitor Report Kuala Lumpur : The Group CEO of Asia's largest budget airline by passengers, AirAsia, said that there was no true low-cost carrier in Dubai. Speaking to news agencies on October 1, Tony Fernandes said that flydubai brands itself as a no-frills low-cost airline but controls only a small part of the market. The company operates a fleet of 30 aircraft, compared with Emirates 200. AirAsia has a fleet of about 180. Fernandes added that he was in talks to start flying to the Emir. More...
TNT declares dividend
TNT declares dividend _A Monitor Report Amsterdam : Recently TNT Express NV declared a pro forma interim optional dividend of ? 0.049 per ordinary share. The dividend is payable, at the shareholder's election, either wholly in ordinary shares or wholly in cash. Shareholders who elected for a dividend in shares will receive one new TNT Express NV ordinary share for every 110 dividend rights. This represents a value of ? 0.0508 per dividend right which is 3.6141 per cent above the value of the. More...
FedEx launches second round of ?FedEx Hub Campaign?
_A Monitor Report Tokyo : FedEx Express (FedEx), the world's largest express transportation company and a subsidiary of FedEx Corp. has launched its second round of "FedEx Hub Campaign" to commemorate the opening of its North Pacific Regional Hub at Kansai International Airport, which began operations in April 2014. The campaign focuses on corporate customers opening new accounts with FedEx through the campaign's dedicated as well as existing corporate customers-based in the Kansai region (in. More...
 
 
 
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