You are here
Home > Business (Page 10)

Walmart stumbles with its ‘last mile’ package delivery plan

Standing before an audience of 14,000 people last year, Walmart Inc executives described a radical plan to help it fend off Amazon.com Inc and other online delivery services from stealing its customers. Walmart’s own store employees would bring online orders directly to shoppers’ homes after completing their usual shifts of up

Auto market demand prompts DHL to triple capacity in Charleston

This week, DHL has invested US$2.2 million in a 16,200-square-foot facility near Charleston International Airport (CHS), which will “shorten delivery times to and from the airport,” and nearly triple the capacity, compared to its previous facility. South Carolina has attracted “some of the largest U.S. automotive manufacturing hubs,” DHL said, referring

UPS reports reduced operating profit in Q2

UPS streamed its second-quarter 2018 earnings call this morning, reporting a 9.6 percent growth in total revenue, but a shrinkage in total operating profit of 13 percent, compared to the same period last year. The figure encompasses the company’s U.S. Domestic Package, International Package and Supply Chain & Freight sectors. Dividing

Air Peace scales IOSA renewal hurdle, pledges to sustain safety standards

Nigerian carrier, Air Peace, has again passed the International Air Transport Association Operational Safety Audit (IOSA), pledging to sustain the high standards of its flight operations. The airline made the announcement in a statement signed by its Corporate Communications Manager, Mr. Chris Iwarah, on Tuesday in Lagos. The Area Manager, South West

Medview Acquires Aircraft for Hajj, London Service

  Ahead of the commencement of 2018 hajj operations and recommencement of its London services, Medview airline recently took delivery of its newly acquired B777-200ER to boost its fleet. The Chief Executive Officer of the airline, Alhaji Muneer Bankole made this known in Lagos. He said the aircraft was purchased through a lease

U.S. freight market throttles back in June

Rapid growth in cargo volumes and spending has started to stretch domestic infrastructure to its limits, according to economist Donald Broughton.   Growth in the North American freight market continued in June, but at a slower rate than in recent months, according to the latest Cass Freight Index Report. Shipment volumes increased 7.2

Nigeria Unveils Name, Logo of New National Flag Carrier as Airlines, Experts Raise Concern Over Competition

  The national airline is named Nigeria Air. The unveiling was done at Farnborough Air Show in London. The Nigerian government last week unveiled the name and logo of its new national flag carrier, Nigeria Air at Farnborough Air Show in London. The airshow is the meeting place where aircraft manufacturers, engine manufacturers,

Airbus Forecasts $4.6tn Global Market for Commercial Aircraft

Airbus’ new Global Services Forecast has predicted $4.6 trillion worldwide market for commercial aircraft services from 2018 to 2037. Major aircraft manufacturing company said the new analysis was based on a three-way market segmentation, respectively focusing on the aircraft, the airline operation, and the passenger experience. According to Airbus, aircraft-focused lifecycle services

Top