Sectors – Page 122
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UPS moves to annul European veto on TNT takeover
UPS is asking the Luxembourg-based General Court to overturn a European Commission veto on its failed bid three years ago to take over European express operator TNT, a company which is now on course to be acquired by FedEx, arch rival to UPS.News agency Reuters said that the UPS challenge ...
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Qatar Airways continues to grow its cargo network coverage
Recent additions to the Qatar Airways passenger network are also helping the Middle East airline’s cargo operation to spread its wings to new destinations.In mid-March, Qatar Airways launched an Airbus A350 service from its home base, at Doha’s Hamad International Airport, to Logan International Airport in Boston.The daily, non-stop connection ...
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Opportunity still knocks in Africa, says DHL
Africa has been dubbed the last frontier for economic development during the past few years. But in the recent economic downturn, does the continent still offer opportunity to investors, asks DHL.While the latest World Bank figures show economy growing at only 3.4% in 2015, its lowest since 2009 and well ...
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FedEx and TNT deal gets clearance in Brazil following UPS appeal
FedEx’s proposed takeover of TNT Express has finally been approved by Brazilian authorities after UPS filed an appeal with the economic regulator in Brazil.The two express firms today announced that Brazil’s Conselho Administrativo de Defesa Econômica (CADE) had rejected the third party appeal of the unconditional approval of FedEx’s takeover ...
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FedEx cuts jet fuel costs and carbon emissions
FedEx has shown its environmental credentials by saving $1bn in jet fuel since 2007 and surpassed a goal to boost ground vehicle fuel efficiency by 30%, five years ahead of target.The results have been revealed in the US-based parcel delivery giant’s annual Global Citizenship Report (GCR) – detailing the company’s ...
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CSafe centre opens at growing pharma hub Atlanta
Temperature-controlled air cargo container supplier CSafe Global has opened a new service centre at Atlanta’s Hartsfield–Jackson airport (ATL), serving inbound and outbound traffic.The Atlanta facility is the second of what will be seven additional service centres across the CSafe network in 2016.Brian Kohr, president and chief executive of CSafe, said: ...
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DRB-Hicom Asia Cargo Express set for expansion
Malaysian airline DRB-Hicom Asia Cargo Express has revealed plans to add to its fleet and expand airfreight operations into Southeast Asia.The express airline, which is owned by Malaysian conglomerate DRB-Hicom, told a press conference that it aimed to expand its fleet to six aircraft from its current two Boeing 737-400 ...
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Schiphol launches pharma gateway
European cargo hub Schiphol has launched Pharma Gateway Amsterdam (PGA), a community-based cool chain logistics programme for the niche high value airfreight product.All participants in PGA will be IATA CEIV Pharma-certified and the programme is the initiative of Schiphol’s Pharma Task Force, launched in July 2015 by Air Cargo Netherlands, ...
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UPS expands at Ontario Airport
UPS has built a new sorting facility and begun work on expanding its existing building at Ontario International Airport.The new 416,000 sq ft building processes urgent, time-definite packages and will feature automated sorting capabilities.Meanwhile, work is underway at the expanded ground sorting facility, which will be retrofitted with automated sorting ...
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FedEx reports strong third-quarter results, but FedEx Freight suffers
FedEx has released its financial results for the third quarter of its fiscal year, the three months covering the December 1-February 29 period.Adjusted operating income rose 19% year over year to reach $1.16bn, primarily due to improved yield management and the continued positive impacts from profit improvement programme initiatives at ...
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DHL points to the future of logistics: robots
Global express services provider Deutsche Post DHL (DPDHL) has focused in its latest Trend Report on the subject ‘Robotics in Logistics’. In its look to the future, DHL predicts that robots will revolutionise the global logistics industry, soon handling tasks such as picking, packing and moving goods to such an ...
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FedEx reaches first milestone on Malpensa development
Global express services giant FedEx has completed work on the external structure of its expanded base at Italy’s busiest air cargo gateway, Milan-Malpensa International Airport. The ongoing expansion of the FedEx infrastructure at Malpensa will triple the size of the current facility and allow the integrator to handle up to ...
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UPS to offer cryogenic airfreight service in Europe
Integrator UPS is now offering European customers a cryogenic shipping service through the use of specialist containers.The service, which is available on airfreight services as well as other modes of transport, uses cryogenic containers from Cryoport which use liquid nitrogen stored in dry vapour form to keep products frozen at ...
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DHL partnership to expand Nordics and Baltics parcel delivery
DHL is extending its European B2C parcel network across the Nordics and Baltics in collaboration with DHL Freight Sweden, Finnish postal operator Posti and Bring, a subsidiary of the Norwegian postal operator.It is claimed to be largest parcel network in northern Europe, offering a business to consumer infrastructure for parcel ...
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Changi airport launches CEIV pharma community for air cargo firms
Changi Airport Group (CAG) has revealed plans to launch an IATA Center of Excellence for Independent Validators Pharmaceutical Handling (CEIV Pharma) community that will work together to achieve the certification.Under the community programme, companies will have to undergo training, as well as an assessment of their facilities and processes by ...
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ASC and Socrates partner on supply chain security and compliance
ASC Pharmaceutical Logistics and risk consultant Socrates have announced a new partnership that will see the two companies offer each other’s services to clients.The partnership will see Socrates offering ASC’s regulation compliance services while ASC will offer its clients Socrates' security from theft, counterfeit and adulteration services.“There is a natural ...
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Shannon welcomes mares to Irish stud hub
Shannon Airport welcomed six thoroughbred mares in what was the first transport of horses on a scheduled freighter flight into the Irish Republic gateway, with Turkish Airlines Cargo.Patrick Edmond, managing director of the International Aviation Services Centre and Shannon Group strategy director, said that Shannon intends to capitalise on the ...
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Etihad’s horse sense with B777 freighter fleet additions
Abu Dhabi-based Etihad Cargo has taken delivery of a new Boeing 777 freighter, with a second such aircraft due to arrive in March.Both freighters, with a combined list price value of $637m, will come equipped with nine seats, allowing the Middle East airline to carry additional grooms as part of ...
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Visitors experience Frankfurt's pharma focus
Air Cargo Community Frankfurt has held a pharma-focused event at Europe's top airfreight hub for BVL International, the German Logistics Association in the Rhein-Main region.There were 80 participants at the ‘visit FRA pharma’ event who received an update on current trends and developments in logistics, including the transport of pharmaceutical ...
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UPS promotes grassroots talent
UPS has appointed Nando Cesarone as president of its Europe region and Ross McCullough for Asia Pacific, while Cindy Miller becomes president of global freight forwarding.Cesarone, a 25-year UPS veteran who most recently served as president of UPS’s Asia Pacific Region, will now be responsible for operations in 56 countries ...