Thursday, February 01, 2007

Cargo Partner launches in India

Cargo Partner Logistics India (CPLI) will start pan-India operations later this year. The company is a wholly owned subsidiary of Austrian-based Cargo Partner group (CP).
CPLI has already set up 10 offices in India and is planning to set up another five this year. “India is emerging as a future market for us,” said Stefen Krautr, chairman of CP.
The group wants to re-route some of its freight traffic through India. “We are expecting at least 10-20 per cent of freight traffic originating from China to be routed through India,” said Aloke Sinha, managing director, CPLI.
CP handled 70,000 tonnes of air cargo and 480,000 tonnes of sea cargo last fiscal year through its global operations.
31/01/07 Air Cargo News.net, UK