Percentage-point increase in freight load factors (FLF) for the month, year-over-year, overturning predictions that Asia's airfreight. Asian airfreight growth shows no signs of slowing down Asia’s airfreight market continued to burnish its reputation as the global breadwinner last month, with preliminary traffic figures for October showing a 5.8 percent rise, year-over-year, once
Month: November 2017
FedEx’s new Cessna deal creates launch point for pilot training program
FedEx’s Cessna SkyCourier 408 The U.S.-assembled feeder aircraft will continue fleet upgrade FedEx Express on Tuesday announced a major purchase of U.S.-assembled feeder aircraft to continue a push to modernize its 659-aicraft fleet. The Memphis-based air express unit of FedEx Corp. said it has agreed to buy 50 Cessna SkyCourier 408 aircraft with options to
Uber’s third-quarter net loss widens to $1.46 billion
A photo illustration shows the Uber app on a mobile telephone, as it is held up for a posed photograph in central London, Britain September 22, 2017. REUTERS/Toby Melville New York (Reuters) - Uber Technologies Inc's quarterly losses widened, a source familiar with the matter told Reuters on Tuesday, as the
FedEx Grapples With TNT Express Cyberattack: Time to Dump?
Global courier delivery industry: FedEx acquires TNT Express for 4.4 Billion Euros New York (Zacks) - On Nov 27, Zacks, the global independent investment research firm focusing on stock research, analysis and recommendations issued an updated research report on FedEx Corporation FDX. The stock has been downgraded to a Zacks Rank #4 (Sell) from a Zacks Rank #3
UK carmakers seek Brexit transition that is ‘not time-limited’
Image: Actress and comedian Jennifer Saunders arrived at the SMMT dinner in an electric Black Cab. Pic: SMMT London (Sky News) Wednesday 29 November 2017 - A Toyota veteran says the Government has to provide the sector with conditions in which it can compete following the Brexit vote. The UK car industry has demanded a Brexit
Uber accused of using ex-CIA agents as spies
SAN FRANCISCO (Associated Press) November 28, 2017 - The Latest on the court case against Uber (all times local): 10:55 a.m. A former Uber security manager says an espionage team inside the ride-hailing service used former CIA agents to help the company spy on its rivals overseas. The testimony in a San Francisco
Continued importation of dirty fuel raises fears
• Experts warn of health, economic consequences • Ghana beats Nigeria in curbing trend • ‘NNPC working to meet SON specification’ Millions of Nigerians risk health and economic consequences following Federal Government’s failure to meet the deadline on the importation of high sulphur (dirty) fuels.A communiqué jointly issued by the United Nations Environment
3 REASONS TO NOT MISS OUT ON THE RED STAR E-COMMERCE BLACK FRIDAY PROMO
British Airways owner IAG buys Monarch’s Gatwick slots
The deal gives IAG the winter and summer slots at the UK's second-busiest airport, and will likely be used for long-haul flights. British Airways owner IAG has secured take-off and landing slots at London's Gatwick airport that used to belong to Monarch before it collapsed. IAG said the deal would enable
Tesla Truck gets DHL order as shippers test Semi
FILE PHOTO - Tesla's new electric semi truck is unveiled during a presentation in Hawthorne, California, U.S., November 16, 2017. REUTERS/Alexandria Sage/File Photo SEATTLE (Reuters) - Deutsche Post AG’s DHL and Fortigo Freight Services Inc, one of Canada’s largest fleet management companies, said on Tuesday they had pre-ordered Tesla Inc’s electric truck unveiled