May 4, 2011

Panalpina profit up by a quarter

A VOLUME increase of six per cent has lifted Panalpina’s gross profits – per ton of airfreight cargo – by…

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Atlas income drops by US$20 million

HIGHER maintenance and fuel costs have reduced Atlas Air Worldwide Holdings first-quarter profit to US$10.5 million against $33.8 million for…

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FedEx’s costly money-back violation

FEDEX has been ordered to pay US$8 million for violating its money-back guarantee on late deliveries. In a court case…

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