FILE PHOTO: A BMW logo is seen at the 2017 New York International Auto Show in New York City, U.S. April 13, 2017. REUTERS/Lucas Jackson German carmaker BMW on Friday said around 400 BMW X4 vehicles, built in Spartanburg South Carolina, are being withheld from delivery to Chinese customers until a potential
Year: 2018
Amazon must clarify ‘misleading’ one-day delivery claim
Some 270 customers reported not getting their items by the next day. Amazon must clarify that some items on its Prime service are not available for one-day delivery, the advertising regulator has ruled. The online retailer is rebuked after wrongly claiming items on its Prime service were all eligible for one-day delivery. The Advertising
Ryanair strike hits 55,000 customers across Europe
Ryanair faced its worst one-day strike on Friday after a walk-out by pilots in five European countries disrupted the plans of an estimated 55,000 travelers with the budget airline at the height of the summer holiday season. Ryanair, which averted widespread strikes before last Christmas by agreeing to recognize unions for the
Turbulence ahead for the top cargo carriers?
New York City votes to cap Uber, Lyft vehicle licenses
DP-DHL Group reports troubles in Post-eCommerce-Parcel sector in second quarter
While Deutsche Post-DHL Group posted operating profit (EBIT) gains in the Express, Global Forwarding and Freight, and Supply Chain segments, a year-over-year decrease of 58.5% in second quarter EBIT for the Post-eCommerce-Parcel (PeP) division weighed on the Group’s overall EBIT for the quarter, which declined by 11.2% y-o-y to €747
Nigeria: Importers, Agents Groan Under 400% Hike in Cost of Container Haulage
Since the past 43 years when the Apapa port's access roads were constructed, the nation has never had it this bad. From a million potholes to the death traps, loss of multi-billion naira goods, dirty and polluted environment, yet relief appears still farther than expected. SULAIMON SALAU reports that the
Fraport sells its stake in Hannover Airport
Today, airport operator Fraport has sold its 30 percent stake in Flughafen Hannover-Langenhagen (FHLG), the operating company of Hannover Airport, to iCON Infrastructure Group for €109.2 million. Fraport had initially acquired a 20 percent stake in FHLG 1998, followed by another 10 percent five years later. Looking at Fraport Group’s most recent
The Malay Connection: Is Kuala Lumpur the next e-commerce gateway to China?
At an abandoned house on the outskirts of Georgetown in the Malaysian State of Penang, a man and his wife stand crouched over a box of seemingly random electronic components. Inside the carton is a set of specialized audio “tweeters” the pair plans to install throughout their dilapidated ancestral home
IATA: Passenger Growth, Economic Boost Incentives for Investing in Aviation
The International Air Transport Association (IATA) and the African Development Bank (AfDB) have projected that Africa would be a market of 350 million airline passengers by 2035. This prediction, according to the association was an incentive for investors to go into commercial airline business. The Nigerian Civil Aviation Authority (NCAA) had disclosed that in 2017, many entrepreneurs