Sectors – Page 135
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UPS Canada renews Cargojet agreement
Cargojet has entered into a new air cargo service agreement with United Parcel Service (UPS) Canada.It replaces the original 2003 agreement for the Canada-based freighter operator to provide domestic overnight air cargo services throughout Canada for the US-based express parcel and logistics giant.The initial term of the agreement is for ...
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United Cargo signs pharma container rental deal with va-Q-tec
United Cargo has signed a global rental agreement with va-Q-tec, a provider of temperature controlled containers used to transport pharmaceuticals in the air cargo cool chain.The airfreight arm of United Airlines is the first North American carrier to announce the availability of va-Q-tainer rentals directly through the airline and plans ...
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Ask before you ship, FedEx chief tells aerospace exporters
Aircraft part manufacturers should get proper advice and provide customs brokers with information well in advance, says FedEx Europe managing director, David Poole.With a growing market, particularly in Asia, UK aerospace companies need more support and assistance he argues. One of the largest stumbling blocks to the transport of aerospace ...
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Tex Gunning to leave TNT CEO role if FedEx succeeds in takeover bid
TNT Express chief executive Tex Gunning will be replaced by David Binks if FedEx’s $4.8bn takeover, due to be launched on Monday, is successful.The two companies today announced that, on Monday, FedEx will make its recommended public cash offer for all the issued and outstanding ordinary shares of TNT Express.The ...
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DHL opens Melbourne facility
DHL has opened a new Melbourne gateway facility to better support regional businesses operating in and out of Australia.The DHL Express Melbourne Gateway boasts a total investment of A$20m (€14m), the largest infrastructural amount invested by the global giant in Australia.Located at Melbourne Airport, the facility employs almost 100 people ...
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Extended investigation into FedEx-TNT deal not expected to affect projected timeline
Update: The European Union’s decision to extend its investigation into FedEx's $4.8bn bid to takeover TNT Express is not expected to change the timeline for completion.Today, Brussels confirmed it will now complete its competition investigation into the deal by January 13, instead of December 8 as initially expected.A TNT spokesperson ...
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European Commission extends investigation into FedEx-TNT deal
The European Union has extended its investigation into FedEx's $4.8bn bid to takeover TNT Express.Brussels will now complete its investigation by January 13, instead of December 8 as initially expected."The parties have requested a 20-day extension for the phase II investigation, as they are entitled to do according to the ...
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Marken chooses OnAsset for pharma tracking
Marken, the clinical logistics specialist, has entered into an exclusive agreement to use OnAsset Intelligence’s GPS tracking device on key shipments.OnAsset said that the device would “significantly improve” Marken’s real-time, track and trace capability via custom-designed software.The pharma and life sciences supply chain company will use the OnAsset device to ...
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Good Distribution Practice academy moves on to Hyderabad
IAG Cargo and Exelsius, the cold chain management consultancy, will hold their next Good Distribution Practice (GDP) Academy training workshop in Hyderabad, India, on September 29-30.The GDP academy combines classroom training in the correct handling of temperature sensitive pharmaceutical products, with a ‘live’ visit to an airport airside area.Students will ...
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Brussels launches probe into FedEx’s proposed TNT takeover
The European Commission has opened an in-depth investigation into FedEx’s proposed $4.8bn takeover of TNT Express over concerns the deal could reduce competition and push up prices.The Commission said it had concerns that on a number of European markets for international express and regular small package deliveries, the merged entity ...
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TNT launches Tunis air link
TNT has launched a Boeing 737-400 freighter link to Tunis, the capital city of Tunisia, from its main European air hub in Liege, Belgium.The service will operate five times weekly via Marseilles, with flights arriving in Tunis every weekday before start of business and leaving the city in the evening.The ...
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Online shopping boost for Aramex as it eyes acquisitions
An online shopping boost for its international express and domestic express products saw Dubai-based Aramex’s second quarter net profits increase by 15% to AED92.6m.The logistics group, which has secured funds for potential takeover targets, saw its half year 2015 revenues increase year-on-year to AED1.9bn, up 7% compared to the corresponding ...
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TNT updates on FedEx deal as Q2 losses narrow
TNT Express has confirmed that it expects its acquisition by FedEx to be completed in the first half of next year as it reports a loss of €1m for the second quarter.The Amsterdam-based express operator recorded a second-quarter 6.2% year-on-year improvement in revenues to €1.8bn.Operating income jumped to €19m from ...
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UPS second quarter boosted by international supply chain
UPS saw improved operating profit and margin in the second quarter of 2015, led by the International and Supply Chain and Freight segments.Currency exchange rates and lower fuel surcharges reduced total reported revenue growth, which declined 1.2% from the same quarter last year to $14.1bn.The US-based global parcels and logistics ...
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DHL's quality centre in Singapore
DHL Express has a new facility in Singapore that will combine a range of global operations activities in the South Asian trade hub and will also host a global Quality Control Center."Quality is one of the main sources of differentiation in our highly competitive industry, and our Quality Control Centers ...
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FedEx confirms billion dollar freighter order
FedEx is to purchase 50 additional 767-300F aircraft from Boeing as it continues to modernise its aircraft fleet.In addition to the 50 confirmed orders, FedEx also has options to purchase a total of 50 767F aircraft.Said FedEx: "The 50 firm-order aircraft will be delivered from fiscal 2018 through fiscal 2023. ...
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CSafe opens new Basel service centre
Cool chain equipment specialist CSafe Global has opened a new full service centre serving the Basel, Switzerland area in partnership with ULD handler and repair service provider Airplane Equipment Services (AES).The service centre is a new location for AES, which also supports CSafe in Frankfurt and Cologne.CSafe provides a range ...
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Hactl passes GDP audit
Hong Kong Air Cargo Terminals Limited (Hactl) has passed its World Health Organisation (WHO) Good Distribution Practices (GDP) annual surveillance audit.The audit is required in order to maintain GDP accreditation. Hong Kong’s largest cargo handler achieved GDP accreditation – covering the provision of handling, logistics and storage services for pharmaceuticals ...
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UPS expands express freight service
UPS is adding eight origin and five destination countries to its Worldwide Express Freight service, designed for urgent, time-sensitive and high-value international heavyweight shipments.The expansion adds five countries in Latin America and three in Europe.UPS now offers the guaranteed service – targeting product launches, inventory shortages or equipment failure replacement ...
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Frankfurt perishables centre celebrates 20 years
Perishable Center Frankfurt (PCF) has celebrated its 20th anniversary.PCF operates temperature-controlled logistics at the German hub, with direct access to the airport apron.Joachim von Winning, managing director of Air Cargo Community Frankfurt, said: "For airfreight at Frankfurt Airport, PCF is a very important factor, from which the hypermarkets, supermarkets and ...