Chris
UPS shrugged off its disappointment over its failed takeover of TNT to announce record earnings per share in the fourth quarter of 2012 of $1.32 and $4.53 respectively, led by a strong US domestic performance. UPS chairman and CEO Scott Davis said that while “2012 presented its challenges, most notably weak global trade, nonetheless, UPS executed well, delivering superior service to customers.”
Strong demand for UPS package services in Europe and Asia led ...
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IAG Cargo, the single business created by British Airways World Cargo and Iberia Cargo, moved a monster car to Hong Kong on its freight service recently. The twin turbo, 720 horsepower Pagani Huarya travelled from Frankfurt to Hong Kong on IAG's B747-8F freighter service, in conjunction with Dusseldorf-based Globaltrans International ...
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Emirates SkyCargo has appointed Moaza Al Falahi as vice president cargo business and product development, managing the SkyCargo product line. She originally enrolled on the company’s graduate training programme for UAE Nationals with the Information Technology department and later worked with SkyCargo as a performance development manger.
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North-east logistics operator AV Dawson has opened the first £2.6m phase of its Tees Riverside Intermodal Park (TRIP) on the banks of the River Tees. The terminal is the first phase of AV Dawson’s £10m infrastructure expansion and follows a 25% increase in its container business at Middlesbrough’s Riverside Park.
It ...
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FedEx Trade Networks, the freight forwarding arm of the express parcels giant, has opened its first office in Thailand. The new Bangkok site brings the number of Asia-Pacific forwarding locations to 17.
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The European Union formally vetoed UPS's planned takeover of rival TNT Express on 30 January. UPS's divestment plan was insufficient, said Competition Commissioner Joaquin Almunia. UPS had already announced that it was abandoning its takeover plan in the face of Brussels' opposition.
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The availability of the London Gateway port and logistics park may prompt a supply chain rethink by manufacturing giant Kimberley-Clark.
Speaking at the recent Logistics Leaders Network Forum, hosted by London Gateway Kimberley-Clark's European supply chain director Peter Surtees said that Project Sphinx, a collaborative initiative led by Kimberley-Clark, in which ...
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Twente Express has made a £500,000 investment in additional trucks and trailers. The Brownhills, West Midlands-based company operates daily departures between the UK and the Netherlands, Belgium and Luxembourg, specialising in the express delivery of parcels, pallets, part and full trailer loads.
Following a 16% increase in revenues in 2012, Twente ...
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Brittany Ferries' freighter Cotentin will operate a midweek return trip from Poole to Bilbao in addition to the long established weekend 'French by-pass' service from Poole to Santander. She will also augment the Poole/Cherbourg service at times of peak freight demand, alongside the Barfleur which will be back in service ...
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Smaller firms involved in international markets are twice as likely to be successful as those that only operate domestically, says a new report by IHS and DHL Express report: Internationalisation – a driver for business performance (www.dp-dhl.com/content/dam/presse/pdf/2013/sme-competitiveness-study.pdf) The macro-economic analysis and survey of 410 directors in developed and developing countries ...
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