DHL Express boosts Apac network with added airfreight capacity
Singapore
DHL Express is flying high, buoyed by an "exponential growth" in shipment volume driven by e-commerce demand and "blessed" by the timely delivery of its new Boeing 777 freighters.
As Ingrid Raj, head of Aviation at DHL Express Asia Pacific puts it: "Our stars were clearly aligned."
Cross-border e-commerce in Asia-Pacific has been a strong growth driver for DHL Express. And across Oceania, exports have been growing.
Indeed, while air cargo demand in January 2021 has returned to pre-Covid levels according to the International Air Transport Association, cargo capacity remains limited as a result of shortage of belly capacity in passenger aircraft.
And the international express service provider is banking on this growth. DHL this week announced it is adding close to 2,350 tons of capacity per week via two flight routes which are…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Asean
Malaysia’s economy likely grew 3.9% yoy in Q1: advance estimate
A cheat sheet of M&As in South-east Asia
Asean says ‘deeply concerned’ over escalating Myanmar violence
Indonesia awards 45 billion yen contract to Japan’s Sojitz for Jakarta MRT extension
Malaysia’s RHB Bank doubles green loans target to RM50 billion
CGS International aims to grow as a China-Asean nexus: CEO