Latest News


  • 01 Feb 2007

    Schenker-Seino, BAX Global merge in Japan

    Schenker-Seino Co. and BAX GlobalJapan K.K. said they have completedthe merger between the two organisations.The combined company operatesunder the name Schenker-Seino Co.,Ltd, which will have about 460 employeesat 23 locations throughout Japan. Both companies have been active inthe Japanese...... Read More
  • 01 Feb 2007

    EGL’s CEO bids to acquire the company

    EGL’s largest shareholder, the company’sfounder and chief executiveofficer James Crane, along with privateequity company, General Atlantic, havesubmitted a proposal to acquire all ofthe outstanding equity interests of EGLfor $36 per share in cash. Crane is Houston-based EGL’sbiggest shareholder, with...... Read More
  • 01 Feb 2007

    DFW’s focus on Asia is paying off

    With seven Asian airlines currently running 39 flights a week to and from Dallas/Fort Worth International Airport, plus increased interest from carriers in using DFW as a transfer hub for cargo between Latin America and Asia, DFW has become...... Read More
  • 01 Feb 2007

    Asia to retain air cargo lead

    Air cargo markets in Asia* will continueto lead global industry growthto 2025, says Boeing cargo marketregional director Tom Hoang. The USmanufacturer predicts that Chinesedomestic and intra-Asian markets willexpand annually at 10.8 percent and8.6 percent, respectively, comparedwith an expected 6.1...... Read More
  • 01 Feb 2007

    SPI strengthens customs competency

    Swiss Post International (SPI) saidit has acquired FM Verzollungs AGin Basel. The customs agency alreadyworks for Swiss Post GLS – a Swiss Postcompany – and handles import andexport customs clearance on its behalf.The acquisition will strengthen SPI’sposition as a...... Read More
  • 01 Feb 2007

    DP division to save 400-500m euros

    Deutsche Post AG’s new service divisionwill bring about savings of around100 million euros this year and 400-500million euros per year by 2009, managementboard member Frank Appel toldFrankfurter Allgemeine Zeitung. ‘By 2009this division will cut the company’s costsby 400-500 million...... Read More
  • 01 Feb 2007

    USPS gets Lockheed Martin system

    Lockheed Martin has completedthe deployment of 74 AutomatedPackage Processing Systems (APPS) tothe U.S. Postal Service (USPS) undera more than US$300 million contractawarded in 2002. APPS provides thePostal Service with a fully integrated,end-to-end system capable of automaticallysorting high volumes of...... Read More
  • 01 Feb 2007

    France’s La Poste reports profit for 2006

    French national postal operator LaPoste said it will record a 700 millioneuros net profit in 2006, up by about25 percent on the figure of 557 millioneuros for 2005. La Poste noted that its balancesheet would be hit by an...... Read More
  • 01 Feb 2007

    PUG launches manifesto for Europe

    The Postal Users’ Group (PUG) hasrepublished its manifesto on the futureof the EU mailing services market. TheManifesto sets out PUG’s vision for thefuture of the European mailing market– a vision based on principles of partnership,growth and innovation. PUG, an...... Read More
  • 01 Feb 2007

    Carbon-free parcel first for Parcelforce

    UK-based Parcelforce Worldwide isoffering its customers a first in the UKexpress parcels market – the option todeliver their parcel carbon-free. Customers booking online can nowchoose to donate 5p per parcel for UKand 10p per parcel for internationaldeliveries. Having calculated...... Read More