In this issue... Bologna and London Book Fairs, lots of changes at Hung Hing and Hung Hing UK, Shipping News
Bologna and London Books Fairs
The two spring Book fairs were separated by only a week this year, with many UK customers choosing to focus on the London Fair. Following last year’s economic gloom that hung over the fairs, this year’s Bologna was a much more positive affair matched by the weather, with increased visitors and a general feeling that business was on the up. With London following so closely after, there was little time to catch breath. The London Book Fair saw publishers and agents seeing a flurry of deal making and active seminars, following the lacklustre 2010 fair. Comments from Publishers expressed the mood, "It is back with a vengeance" ,"stupendous", and despite the challenges ahead, there was a strong positive feeling at the Fair.
What's new at Hung Hing UK
We are delighted to announce a new member of staff, Emma Ward, who will be assisting and working closely with Claire Ireland on a daily basis. We also welcome Lesley Smith to the team who has joined as an Account Manager. Lindsey Jones Greenhalgh, our Operations Manager, recently visited Hung Hing specifically to develop communication and knowledge across a range of safety and technical areas.
New members of Staff
We are delighted to welcome two new members of the team, Kate Wendes, who joins Operations and Sarah Fay who joins as an Account Manager to strengthen the service we provide. David Jenkins has moved over to head up Business Development, and provide a stronger focus to this key area, which takes new opportunities for first order to an established account.
EU Toy Directive
The new EU Toy Directive comes into force in July 2011 and brings with it more stringent requirements on printers to provide evidence of the specification and origin of materials to be used in customer's products. HH and HHUK have been working together to make necessary preparations, so we will be in a position to provide the required information to our customers.
Hung Hing Update
Please see the new Hung Hing "What's New" Website that is full of interesting commentary and changes at Hung Hing http://www.hunghingprinting.com/whatsnew/. The site replaces Hung Hing's quarterly Newsletter as the means of keeping global customers informed.
We are also delighted to welcome Yee Yu, who has joined Hung Hing as Chief Information Officer. Yee has an extensive IT background and comes from IBM. He will be instrumental in delivering improvements to Hung Hing's IT infrastructure and communication systems throughout the Group's business.
Shipping updates from
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Hong Kong becomes world's busiest cargo airport
A report in March has confirmed that Hong Kong Airport has surpassed Memphis International to become the busiest cargo airport in the world. According to the Airports Council International (ACI), global cargo volumes jumped 15.2% last year to 82 million tonnes.
Hong Kong became the world's number-one airport for cargo after its volumes soared to 4.1 million tonnes (an increase of 23%). Continued increases in volumes of Chinese exports and imports, especially in the Pearl River Delta, together with locally based Cathay Pacific's rise to become the largest international air-cargo carrier, have contributed to the growth.
RHA welcomes cut in fuel duty and introduction of fair fuel stabiliser
The RHA (Road Haulage Association) were amongst the first organisations to comment on George Osborne's March Budget.
"Today's news will certainly get a cautious welcome from UK hauliers," said RHA Chief Executive Geoff Dunning.
The current unrest in the Middle East is seeing oil prices rise on an almost daily basis. Every $3 on the barrel price equates to an extra 1 penny per litre at the pump; a cost that the haulier has no choice but to pass on. The cut confirmed by the Chancellor will go some way to bringing relief to an industry that has quite literally been fighting for its survival.
"The RHA's weekly fuel survey shows that costs for a heavy goods vehicle have risen by £2,700 a year in just six weeks! Hauliers have no choice but to recover these increases through higher haulage rates. We know that other costs are rising sharply but the recent cuts will bring some relief to hauliers AND their customers".
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