From left to right: Kevin McAllister CEO Boeing Commercial Airplanes; Ihssane Mounir, VP Sales & Marketing The Boeing Company; Dan Abraham, VP Sales Europe Boeing Commercial Airplanes; Ken Allen, CEO DHL Express; Charlie Dobbie, COO DHL Express; Mike Parra, CEO DHL Express Americas.Business Wire At the Farnborough International Airshow, DHL Express
Month: July 2018
Rolls Royce develops propulsion system for flying taxi
UPS, Teamsters reach five-year Freight labour pact
Threatened strike averted with agreement hammered out before Aug. 1 deadline. UPS and the International Brotherhood of Teamsters, which represents about 11,000 UPS Freight employees, have reached a tentative agreement for a new five-year master contract. “With agreements now reached for both the freight and small package national master contracts, discussions continue
Russia breaks record for fastest space cargo mission
Air cargo is supposed to be the fastest-possible delivery mode on the planet, but once you leave Earth, you have to hand it to the Russians. This week, Russia’s space program upped our standard for “express delivery,” shipping 3 tonnes of food, fuel and supplies to the International Space Station (ISS)
DHL Express launches express Mexico-U.S. flights for pharma
Mexico - DHL Express has launched multiple expedited Mexico-U.S. flights – serving Mexico City, Guadalajara and Monterrey to “most U.S. destinations” – addressing a demand for transportation of pharmaceuticals and biomedical shipments to Central and South America. The logistics giant’s DHL Worldwide Medical Express (WMX) service, launched in 2014, offers dry
Airlines are starting to worry about rising fuel costs
Delta cargo High fuel prices are becoming a big problem for airlines. Delta Air Lines cut its full-year earnings outlook Thursday, a day after American Airlines warned that its costs and sales would be lower than expected last quarter. The culprit: Delta's fuel cost $654 million more in the second quarter than a year ago,
Lufthansa adding two 777 freighters
Lufthansa Cargo D-ALFB 777 Freighter The German airline’s cargo operation expects delivery of the Boeing planes in February and March Lufthansa will add two new Boeing 777 freighters to its cargo operation at the start of next year. The German airline said it is not yet finalized who will manage and operate the
Panalpina opens logistics centre in Singapore
On Tuesday, Swiss forwarder Panalpina opened a six-floor, 25,800-square-meter air- and ocean freight logistics center in Singapore, targeting demand for its services from clients in the energy, healthcare, technology, manufacturing and fashion industries operating through the tiny nation. In his remarks at the opening ceremony, Panalpina CEO Stefan Karlen said, “more
U.S. ports expect record imports in July
The Port of Long Beach “Imports from China and elsewhere are expected to continue to grow for the foreseeable future,” says National Retail Federation. Major container ports across the United States are expected to set a new import record in July, fueled by increasing consumer demand and rising retail sales, according to
Alibaba, Bolloré to partner in series of high-tech joint endeavors
Chinese e-commerce giant Alibaba and Paris-based Bolloré logistics have entered an agreement to share their best-practices and respective market knowledge and potentially cooperate on projects in autonomous driving, cloud computing, and the creation of data management software. Cainiao, Alibaba’s logistics network; Alibaba Cloud, its computing arm; and Bolloré Logistics’ battery-making division,