Thursday, June 10, 2010

Qantas Reviews Its Air Freight And Cargo Trucking Operations

Plan Seems to be Divest the Airline of Extraneous Services
Shipping News Feature

AUSTRALIA – The news on Monday that Toll had acquired the Asian assets of DPex, express parcels arm of Qantas may only be the first tranche of changes which the national carrier has planned for its freight operations. CEO Alan Joyce, after 18 months in the job, appears ready to take the company in a new direction, consolidating the core business, including native cargo trade, whilst divesting it of anything the Irishman feels is unnecessary.

Under the Qantas Freight banner the company holds various other cargo based businesses including Express Freighters Australia, which runs four ex passenger Qantas aircraft, Jets Transport Express, an interstate trucking operation that supports its airfreight ventures plus Australian Air Express and Star Track Express, both co owned with Australia Post.

Although the whole freight operation is apparently being reviewed the cooperative ventures will likely be ring fenced but any expansion of services, as happened in the years leading up to 2008, are likely to be sharply curtailed.