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UPS set to roll out price hikes for larger parcel packages

Effective Tuesday, June 4, UPS will begin to implement rate increases for large packages moving through its parcel network.   (Logistics Management) - Effective Tuesday, June 4, UPS will begin to implement rate increases for large packages moving through its parcel network. These charges, which were initially announced by the company last October, call for

Itapke-Warri Rail Project Gets New Delivery Date

The federal government has given a new August 2018 deadline for completion of the 323km Itapke -Warri rail project. Sunday Okobi takes a look at the feasibility or otherwise, given that the contract terms gave March 2019 as the delivery date. In August 2017, the Minister of Transportation, Rotimi Amaechi, conducted a site inspection

Air France-KLM invests in CSafe’s new cool-chain containers

Air France KLM Martinair Cargo has acquired the services of cool-chain container manufacturer CSafe Global to utilize its CSafe RAP active-temperature-controlled containers, specially designed for pharmaceutical transportation. The RAP container – equipped with a compressor-driven cooling and heating system – was approved by the European Aviation Safety Agency (EASA) in January. Designed

Buffett proposed to invest $3 billion in Uber, but talks failed: Bloomberg

FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S.   Billionaire Warren Buffett had proposed to invest $3 billion in Uber Technologies Inc [UBER.UL] earlier this year, but the talks failed following disagreements over the deal’s

Truck blast injures eight at UPS facility in Kentucky

Scene from the explosion this morning at a UPS maintenance facility.   Some shipments may be affected as officials investigate the Wednesday morning explosion in Lexington. An explosion damaged a UPS freight hub Wednesday morning in Kentucky's second-largest city, sending multiple people to the hospital in what fire officials described as an accidental

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