Cargolux on Wednesday operated its first 747-8 freighter service from Luxembourg Airport (LUX) to Tokyo’s Narita International Airport (NRT), putting its new deal with Nippon Cargo Airlines (NCA) into action. The weekly flight will depart from LUX every Tuesday evening and arrive in NRT on Wednesday at 16:25 Japan Standard Time, and return
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The 5 R’s of Reverse Logistics – UPS
FedEx buys P2P Mailing for £92m
FedEx has acquired P2P Mailing Limited, the e-commerce transport solutions company, for £92 million. London - P2P, which is headquartered in Laindon, UK, will operate as a subsidiary of FedEx Cross Border within the FedEx Trade Networks operating company. Laindon is an ancient town in Essex, England. It was based on
Nigerian’s Maritime Agencies disregard presidential directive to charge fees in local currency
Despite a presidential directive to Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA) to suspend further collection of petroleum products imports charges in dollars, Daily Sun findings have revealed the two agencies have continued to disregard the government order. According to a letter dated January 17, 2018,
Nigeria to unveil transaction advisers for its proposed national carrier, Airports concession Thursday
Nigeria will on Thursday unveil transaction advisers, who were recently appointed by the federal government for the establishment of a national carrier and the concession of the country’s four major international airports. According to a Punch newspaper report, the transaction advisers handling some other key projects would also be unveiled by
Uber Exits South East Asia After Selling Its Stake To Grab
... seeks new roads to open markets For years, Uber’s biggest investors dreamt of a winner-takes-all future as they pumped cash into the heavily lossmaking US ride-hailing company. By undercutting rivals, they imagined a time when the natural network effects of a dominant online marketplace would kick in for Uber, driving out rivals
Managing supply chain disruption
Multiple companies at the SCOPE Supply Chain & Procurement Summit in Chicago this week discussed disruptions in their supply chains, along with what they are doing to combat disruptions. Even something as simple as what could appear to be a small kink in a company’s supply chain can actually wreak havoc,
DHL Steps Back Into U.S. Package Delivery in Challenge to UPS, FedEx
DHL pulled back from U.S. domestic delivery services 10 years ago and has focused on international shipments since then. PHOTO: BLOOMBERG NEWS Express service aimed at e-commerce shipments will start in major cities, will offer new competition for growing online commerce delivery to homes Deutsche Post AG’s DHL business is tiptoeing back into the domestic
Amazon Threat Overshadows What Should Be a Good Quarter for FedEx
FedEx will report earnings after the bell yesterday at the NYSE, and investors will be watching closely for details about the delivery giant’s important holiday season. FedEx and rival United Parcel Service (UPS) have come under investors' scrutiny lately, thanks to Amazon.com. The e-commerce giant, once a blessing, has now become a threat, especially as it looks
Walmart is adding FedEx Office to 500 of its stores
Walmart is continuing to build on its efforts to become a one-stop shop in the Internet age. The retailer on Tuesday said it is adding FedEx Office locations, where customers can ship packages, drop off returns and pick up deliveries, to 500 of its U.S. stores. The announcement follows a pilot program in which the