For 17 years the Nigerian Postal Service (NIPOST) has been in the saddle as the regulator of courier activities in Nigeria a position courier operators are not happy about and have fought against. But the position of the courier operators over the regulation of their industry is that NIPOST should not
Business
UPS extends international special commodities program to over 100 countries
February 7, 2018: United Parcel Service (UPS) recently announced a major expansion to its International Special Commodities (ISC) program where customers will be able to ship biological substances, dangerous goods in excepted quantities, and shipments utilizing dry ice to additional 50 global destinations. This brings the total number of countries served
GM and Toyota Trade Places in the Lucrative North American Market
Buyers’ shift to pricier pickup trucks and SUVs boosts U.S. auto maker; Toyota has much riding on the success of models such as all-new Camry General Motors and Toyota are on divergent paths in North America, where GM is posting lofty profit margins while Toyota’s bottom line has been battered. GM on Tuesday posted
Bombardier sees Asia-Pacific taking delivery of 2,050 aircraft by 2036
Asia-Pacific, excluding Greater China, is expected to take delivery of 2,050 aircraft by 2036, according to a forecast by Canadian planemaker Bombardier Inc. "Strong GDP growth and a booming middle class should drive passenger traffic numbers to triple in the next 20 years," said Francois Cognard, vice president, sales, Asia-Pacific, at
UPS launches longest-ever scheduled flight from Louisville to Dubai, using 747-8F [VIDEO]
At approximately 12,400 kilometers, UPS’ new Louisville-Dubai route is the longest regularly-scheduled flight UPS has ever operated, thanks to its fleet of new long-range 747-8 freighters. The daily nonstop flight, from UPS’ global air hub in Louisville, U.S., to Dubai, in the United Arab Emirates (UAE), will cut time-in-transit from
Southeast Asian airlines look to non-stop U.S. flights despite profit challenges
LCC increase toll on Lekki-Epe road and Ikoyi bridge, dangles 50% e-tag incentive at motorists
The Lekki Concession Company, the manager of the Lekki-Epe Expressway, has offered frequent users of the road passing through the Admiralty Circle Toll Plaza up to 50 percent toll discount on its e-tag. This, according to the Managing Director/Chief Executive Officer of the LCC, Mr. Mohammed Hassan, is to encourage more
UPS posts $1.1 billion profit for 4Q on high online shopping
Profitable Daimler expects heavy spending on new tech
CEO of Daimler AG Dieter Zetsche attends the annual balance news conference in Stuttgart, Germany Frankfurt, Germany (AP) - German automaker Daimler made lots of money last year. That’s a good thing, because the company says it will need to spend heavily this year to keep up with the technological change
FedEx to give wage increases, bonuses to workers
Memphis, Tenn. (AP) - FedEx says it’ll be giving wage increases, bonuses and make a voluntary $1.5 billion contribution to the company’s pension plan, citing recent tax reform legislation. The package delivery company follows others doing the same, including Home Depot, Disney, Starbucks and Walmart. Imagine your Ad placed here FedEx Corp. said Friday that it’ll