The Volkswagen logo is seen at their plant in Wolfsburg, Germany, April 12, 2018. REUTERS/Fabian Bimmer BERLIN (Reuters) - Volkswagen expects productivity at its core autos brand to keep growing in the months ahead because of cost cuts and full availability of higher-margin models launched last year. “We have costs under control and
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Bolloré charged for corruption in Africa, firm denies
...Vincent Bolloré, CEO and master dealmaker placed under formal investigation. A logistics powerhouse in Africa, the French company allegedly “provided discounted communications advice” in Guinea and Togo in exchange for licenses to operate container ports. Bolloré Group, which has extensive logistics and port operations in Africa, is denying charges of corruption in a probe
Apapa gridlock delays N85m solid minerals export
Lagos, Nigeria - The persistent difficulty in accessing the nation’s major seaport, Apapa, is taking its toll on movement of non-oil exports and may affect the earnings for this year, investigation by our correspondent has revealed. It was gathered that on the average, 15-container load of solid minerals, valued at $18,500
Cargolux reports 2017 was ‘best year in history’
Joining the chorus singing the praises of last year nearly across the board in the airfreight industry, Luxembourg-based Cargolux said today that 2017 was the carrier’s “best year in history,” reporting that it broke 1 million chargeable tonnes flown for the first time ever, and experienced a 2,123 percent rise
Amazon slips packages in car trunks, To beat porch thieves
Volvo Cars adds in-car delivery by Amazon Key to its expanding range of connected services. Not content to stop at slipping packages inside customers’ front doors, Amazon.com Inc. on Tuesday started a new program to deliver packages to its members’ parked cars. The world's largest online retailer is rolling the program out in
E-commerce, express traffic continue to outpace general cargo growth in Q1
With first-quarter volume figures coming in for many airports around the world, we noticed two, in particular, stood out from the crowd: Leipzig Halle Airport (LEJ) in Eastern Germany, and Cincinnati/Northern Kentucky Airport (CVG) in the United States. Both of these mid-sized airports reported volumes up – way up – in Q1, reaching 12.3 percent and
DHL Express expands NYC e-commerce capacity to handle demand
Kenyan Airways sacks 22 Nigerian workers, Workers’ Union kicks
Airline accuse union of failing in its duty to protect the interest of its members On Friday, 13th April 2018, Kenya Airways sacked 22 out of its 26 Nigerian employees, representing 86.4% of the entire workforce in the country, and retained only the country manager, the station manager and two others. Sources
UPS appoints president of U.S. operations
UPS has appointed George Willis president of its U.S. operations, effective May 1. He succeeds Myron Gray, who will retire after 40 years with the company. “We are pleased to appoint George Willis to lead U.S. Operations. His deep operating experience will be invaluable as he leads a substantial part of the company, which is
FedEx Freight President And CEO Michael Ducker To Retire In August
FedEx Corp. said that Michael Ducker, President and CEO of its FedEx Freight subsidiary, will retire effective August 15, 2018. Ducker took the helm at FedEx Freight in 2014 after spending close to 40 years at FedEx Express. His successor will be named later. Ducker joined FedEx Express in 1975 and served