Air freight review: carriers eye higher contract rates after extended peak
Airlines are taking advantage of the elongated December peak to raise contract rates for 2025. Carriers ...
By Sam Whelan
Two of the world’s biggest express operators are beefing-up their Asia Pacific operations amid an “historic” peak season for e-commerce cargo.
DHL Express said today it would invest €690m ($813m) to increase capacity in the key growth markets of Australia, Japan, Hong Kong, South Korea, Malaysia, India and Bangladesh.
It will also spend €60m on new aircraft and direct airfreight routes to South-east Asia.
The company is expecting shipment volumes in Asia Pacific to be 30-40% up on last year’s peak season, following ...
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