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-1 Dec 2009 |
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Express delivery company UPS has said that it plans to raise air and ground freight rates by an average 4.9 per cent in 2010. The company also said it planned to change its fuel surcharges in an effort to “decrease fuel surcharge volatility when fuel prices ... |
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-1 Dec 2009 |
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DHL Express has performed better in the Middle East than the rest of the world during the downturn, with the company posting an increase in volumes in the region year-to-date, although revenues are down about 6.4 per cent year-on-year, according to the managing director ... |
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-6 Nov 2009 |
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United Parcel Service Inc (UPS) is looking for acquisitions to bolster its supply-chain and freight-forwarding units, according to its CEO Scott Davis. UPS has made more than 40 purchases in the past decade, and there are “likely to be some more” in the coming year, with ... |
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-30 Oct 2009 |
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FedEx Trade Networks, a subsidiary of FedEx Corp, has expanded its global presence with the addition of ten new freight forwarding offices in Asia. The new facilities are located in Singapore, Taipei, Taiwan, and in Beijing, Guangzhou, Qingdao, Shenzhen, Tianjin, Xiamen, and Dalian, ... |
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-26 Oct 2009 |
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Airline executives expect improved results and a rebound in cargo volumes in the coming year, a "turning point" for a sector closely linked to economic trends, a survey released on Monday showed. The International Air Transport Association (IATA) said confidence had grown markedly ... |
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-22 Oct 2009 |
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China posted GDP growth of 8.9 per cent in the third quarter of the year, up from 7.9 per cent growth in the second quarter, Bloomberg reported. The growth rate, the fastest in a year, reflected heavy government stimulus spending and high lending growth. Helped by massive stimulus ... |
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-22 Oct 2009 |
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The Chinese Vice Premier has reaffirmed his country's commitment to going beyond the China-ASEAN Free Trade Area (CAFTA) which is set to come ... |
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-19 Oct 2009 |
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German Chancellor Angela Merkel’s new coalition will ease rules that limit night flights to help companies including Deutsche Lufthansa AG and Fraport AG stay competitive, a senior coalition lawmaker said, according to a Bloomberg News report. Merkel’s prospective alliance ... |
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-2 Oct 2009 |
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The European Commission (EC) has delayed, for the second time, the formal announcement of its baseline aviation sector CO2 emissions standard until mid-2010, Bloomberg reported. The EC had originally set a 2 August 2009 deadline for publishing a CO2 baseline necessary for its ... |
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-2 Oct 2009 |
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The latest International Air Transport Association (IATA) figures for air cargo show a decline of 9.6 per cent year-on-year (y-o-y) in August compared to declines of 11.3 per cent in July and 16.5 per cent in June. But that improving trend is not quite as good as it seems. Remember ... |
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