Sectors – Page 129
-
News
UPS to launch 3D printing supply chain in the US
3D printing supply chains are edging ever closer to the mainstream after UPS announced it would connect a network of printers across the US with its delivery network and an online order platform.While there are many companies offering 3D printing services, UPS has now gone step further by announcing that ...
-
News
FedEx offer for TNT gains unconditional acceptance
FedEx's offer for TNT shares has been unconditionally accepted with the deal now set to be completed on May 25.This morning the two companies declared that 88.4% of all TNT shares had been tendered and accepted with all offer conditions satisfied or waived.“We are pleased with the outcome of the ...
-
News
YTO Express Airlines reveals international ambitions
Recently launched YTO Express Airlines has revealed the extent of its global ambitions after its chairman unveiled plans for widebody freighter orders that will be used to create international services.Chairman of express firm YTO, Yu Weijiao, told China Daily that the airline would order at least three widebody freighters for ...
-
News
TNT tenders shares as next step in takeover by FedEx
TNT Express has tendered 88.4% of its shares for acceptance as part of its proposed takeover by FedEx.The Netherlands-based express firm will announce whether shareholders have unconditionally accepted the offer by no later than May 19.The move comes after China gave its approval for the FedEx-TNT deal in late April.With ...
-
News
Pelican picks Singapore for Asian HQ
Pelican BioThermal, a provider of temperature-controlled packaging solutions for the life sciences industry, has opened a new Asia headquarters in Singapore.The location will be the central base for the company’s Asia sales office, Credo on Demand rental fleet depot and be the regional distribution hub for their Credo reusable and ...
-
News
DHL pilots balloted on strike action
Nearly 2,000 pilots at four of DHL’s five North American carriers - Atlas Air, Southern Air, Polar Air, ABX - are being balloted on strike action in a dispute over working conditions. Pilots at a fifth DHL carrier – Kalitta Air - have already voted overwhelmingly in favour of a ...
-
News
TNT to sell overnight arm
TNT Express is to sell its TNT Innight overnight distribution subsidiary to private equity firm Special Situations Venture Partners III. TNT, which recently announced the approval of the Chinese competition authorfities of its acquisition by FedEx, said it wanted concentrate resources on strengthening its core express delivery activities. TNT Innight ...
-
News
China green light for FedEx-TNT deal
FedEx Corporation and TNT Express have said that they have obtained the unconditional approval of China’s Ministry of Commerce (MOFCOM) for their merger.With one of the last remaining hurdles to the deal surmounted, the two express companies say that the offer condition with respect to competition clearances has now been ...
-
News
Air France KLM achieves IATA pharma certification
Air France KLM Martinair Cargo has achieved IATA pharma certification for four areas of its business and claims that customers are increasingly demanding the credential before they will engage with airlines.The Franco-Dutch airline group achieved IATA Centre of Excellence for Independent Validators Pharma (CEIV) certification in February this year.The four ...
-
News
UPS hits earnings record in first quarter
UPS earnings per share jumped 13% in the first quarter of 2016, with growth across all main segments of its business. US domestic and international small packages drove the US-based express logistics firm to a record first quarter, with international operating profit up 15% to $574 million.Total revenue was up ...
-
News
China logistics giant to build own airport
SF Express is to build its own airport in the Wuhan area, according to China Aviation Daily, quoting an interview with its president Tu Wei with CAACNews. China’s largest private express company is reportedly investigating possible sites for a freight airport in South Central China although sources quoted suggest that ...
-
News
UPS enjoys successful first quarter, but airfreight market challenging
UPS has revealed what it describes as record first quarter results. Total revenue over the three-month period reached $14.4 billion, up 3.2% over the same quarter of last year (and on a currency-neutral basis, revenue increased 3.7% year on year).Both UPS’s domestic US and international small package segments drove growth“We ...
-
News
Accusations fly as Atlas Air pilots' union requests mediation
A dispute involving 1,300 pilots flying for DHL-contracted airlines Atlas Air and Polar Air Cargo in the US looks set to go to mediation.The Teamsters union said on 26 April that the National Mediation Board (NMB) which facilitates labour relations in aviation had agreed to the request despite the fact ...
-
News
SkyCell teams up with EGA group in Brazilian market
The EGA Group and SkyCell Switzerland have signed an exclusivity deal for the leasing and distribution of pharma containers in Brazil.“The partnership aims to offer logistics solutions, exclusive and dedicated especially for pharmaceutical logistics, reducing costs in door-to-door shipments, ensuring quality without any environmental impact in controlling the product temperature”, ...
-
News
AMI portal tops 100,000 quotes
Airfreight and express wholesaler AMI says that its online booking portal has handled 100,000 quotes since it was launched six months ago in late 2015.Quote & Book has also doubled AMI’s live customer base, maintaining a 15% conversion ratio to firm bookings since its launch, as well as those for ...
-
News
Time:matters enjoys successful year
time:matters, the specialist in time-critical logistics that forms part of the Lufthansa Cargo Group, enjoyed an 8% increase in revenue last year compared to 2015, making a turnover of 64 million euros.That result built on the success of 2014, when revenue had grown by 10% over 2013.Time:matters’ international business did ...
-
News
E-commerce delivers growth for Aramex
Middle East owned Aramex said that the online delivery market had helped it ride out global economic uncertainty and delivery strong growth in the first months of this year.The Dubai-based logistics company announced net profits up 12% to AED 96.9 million in the first quarter of 2016 compared with AED ...
-
News
Air France KLM launches new freighter flights to serve the mango trade
Air France KLM Martinair Cargo and logistics firm Fermac Cargo España have launched joint 777-300 freighter flights from Abidjan, Ivory Coast to Madrid to serve the mango trade.The first of a minimum of eight flights operated on 19 April, each carrying around 90 tonnes of the fruit, which is in ...
-
News
FedEx deal is on track, says TNT boss
TNT is in course to close its deal with FedEx during the second course, said chief executive Tex Gunning at a press conference to announce the Dutch-owned express operator’s first quarter results. Asked what the outcome would be if the Chinese authorities did not give their approval by the 6 ...
-
News
Air Cargo News reveals dates for Life Sciences and Pharmaceuticals Air Cargo Conference
Air Cargo News is delighted to announce that its Life Sciences and Pharmaceuticals Air Cargo Conference will take place in London in November this year.The conference will take place at the Hilton London Heathrow Airport at Terminal 4 on November 22 and 23.The event sees key links in the pharmaceutical ...