DHL has announced the launch of two new direct flights from its hub in Hong Kong to Chengdu, China and from Hong Kong to Ho Chi Minh City, Vietnam, as the latest enhancements to its Asia air network. DHL's new Hong Kong to Chengdu route will ensure evening pick-up, and next-day delivery for shipments to Chengdu and other economic centres in South-western China, such as Chongqing, Kunming and Guiyang. An additional direct flight which connects Hong Kong and Ho Chi Minh City, Vietnam has also been launched. The new direct flight, which replaces the existing flight transiting in Bangkok, improves inbound and outbound service by shortening the transit time from Vietnam to the US and Europe, and vice versa, by two hours.
Arvato has expanded its Supply Chain Solutions leadership team with the appointment of Joe Fogg as UK Business Development Director. Joe Fogg has over twenty years of experience in the supply chain sector, gained during business development and management positions at DHL, TNT Express, and most recently at Norbert Dentressangle. Based in the UK, Fogg will focus on developing arvato's existing supply chain relationships and generating new business in core growth markets such as technology, telecommunications and healthcare/beauty as well as e-commerce fulfilment.
Non-asset freight transportation interests in the U.S. and China formed an alliance last week to promote trans-Pacific cooperation in third-party logistics. The Transportation Intermediaries Association and Chinese International Freight Forwarders Association signed a cooperation agreement in Beijing March 2. The agreement, announced Monday, will spur exchanges of market information between 3PLs in both countries, said Robert Voltmann, TIA president and CEO. The U.S. and Chinese associations also said they agreed to protect “the legitimate rights and interests of the other party’s members in its country.” As a first step, the TIA said it will work with CIFA to encourage CIFA member companies to participate in the FIATA World Congress in Los Angeles Oct. 6-12.
The JP Morgan Global Manufacturing PMI (Purchasing Managers Index) registered 51.1 in February, indicating a small expansion in the manufacturing sector. This compared with an index value of 51.3 in January. The global index has now remained above the 50 mark for three consecutive months. Levels of output, new orders and employment all increased. Manufacturing PMI measures the level of output of a country's manufacturing sector, based on a number of factors including: production, new orders and employment. An index value of above 50 indicates an expansion in the manufacturing sector, while an index value of below 50 indicates a contraction in the sector. In the US, the index (at 52.4) also indicated growth, although at a slower pace than in January (when the index was 54.1). In China, the HSBC manufacturing PMI registered 49.6, up from 48.8 in January, although still below the significant 50 mark indicating a contraction in the Chinese manufacturing sector.
In 2011, the export growth of China's electronic products slowed markedly to 11.9%. The data shows that the growth rate was 17.4 percentage points lower than that of the previous year. This is one of the reasonswhy China's air cargo sector has been struggling. The export value of electronic products accounts for nearly 35% of the nation's total export value, with computers and mobile phones being the top two categories of exported electronic products. In 2011, computer and mobile phone exports increased by 11.1% and 34.3%, respectively. Likewise, the growth rate of imports of electronic devices saw a sharp decrease of 23 percentage points, in comparison with that of 2010. Despite this, it hit a new high of USD468bn, up 11% year-on-year.