DHL Global Forwarding is adding a second 747-400F to its round-the-world flight schedule on an aircraft, crew, maintenance and insurance (ACMI) lease agreement with Atlas Air, in a move that the company says will address a high demand for capacity on Asian routes with another 100 tons per flight. “The gap
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China tells international airlines to toe the line on Taiwan
FILE PHOTO: Qantas flight QF1, an A380 aircraft, takes off from Sydney International Airport en route to Dubai, above Botany Bay, in Australia August 22, 2017. REUTERS/Jason Reed/File Photo China is turning up the heat on some of the world's top airlines over how they describe Taiwan on their websites. Qantas, Australia's
Ford will stop selling Taurus, Focus and Fiesta in North America first
Without warning, Ford revealed in its Q1 financial report that it will stop Without warning, Ford revealed in its Q1 financial report that it will stop selling almost all of its sedans in North America. Sure, it will still market SUVs, trucks and commercial vehicles in the region, but will gradually scale back
Ford’s decision to kill most of its cars was inevitable
DHL doubles storage capacity in Tampa
DHL Express is investing US$5 million into its Florida-area service – relocating its Tampa operation to a new site twice the size of its predecessor. The 35,000 square foot facility will serve the greater Tampa-St. Petersburg region, with road service to connect to DHL aircraft operating out of Orlando International Airport
Lufthansa Group leads European carriers in Q1 traffic growth
The Lufthansa Group released solid results for the first quarter of 2018, reporting cargo traffic up 4.9 percent year-over-year to 2.14 billion revenue tonne kilometers. This is down from last year’s first-quarter growth of 6.3 percent, but very much in line with worldwide trends, and a much better result than its
Prime hike gives Amazon warchest for fight over postal costs
FILE PHOTO: Amazon.com's logo is seen at Amazon Japan's office building in Tokyo, Japan, August 8, 2016. REUTERS/Kim Kyung-Hoon/File Photo Amazon.com Inc’s 20 percent hike in the cost of Prime membership should deliver more than $1 billion in extra revenue this year and cover any “rational” hike in United States Postal Service
Volkswagen eyes further productivity gains in months ahead
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
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