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Ford’s decision to kill most of its cars was inevitable

American drivers have made up their minds. Bigger is most certainly better, and Ford Motor Co. has reacted. This week the automaker announced that over the next few years it would be phasing out all its cars (except for the iconic Mustang) in favor of SUVs, trucks and commercial vehicles (vans) in

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

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

NIPOST generates N20.62bn in one year

The Nigerian Postal Service generated a total of N7.04bn from its core operations in 2017, according to a report by the Punch newspaper. The report revealed that with another N13.58bn generated from electronic stamp sales, the postal organisation actually made a total of N20.62bn in the 2017 fiscal year. A breakdown of

Aero Wins Ghana’s Approval to Maintain Country’s Aircraft

The Ghana Civil Aviation Authority (GCAA) has given Aero Contractors Authorised Maintenance Organisation (AMO) certification to conduct checks on Boeing B737 Classics. This means that Aero can conduct maintenance on aircraft registered in Ghana up to C-check, as the Nigerian company has said that its goal was to receive such approval