Ethiopian Airlines on Monday announced that it had taken delivery of the largest "B737 MAX 8" in Africa into its fleet. In a statement, the Airline's Group Chief Executive Officer, Tewolde GebreMariam, said it was an immense achievement for the airline "to reach the milestone a few days after it colourfully
Month: July 2018
Lyft gets into bike-share business, acquiring operator of Capital Bikeshare and Citi Bike
Lyft has acquired Motivate, the operator of Capital Bikeshare, the company announced Monday. (Astrid Riecken for The Washington Post) Lyft is getting into the bikeshare business, announcing Monday it has acquired the nation’s largest bikeshare operator, Motivate. The ride-hailing company acquired Motivate, the operator of Capital Bikeshare and New York’s Citi Bike,
May airfreight demand growth slows
With the release of WorldACD’s air cargo performance results for May, the slowdown from last year’s consistent double-digit increases is undeniable. Although volumes are still increasing year-over-year, the increases are significantly less than those seen during 2017. Air cargo volumes worldwide increased by 2.6 percent y-o-y in May, down from the
DHL expands last-mile e-commerce network to Bangkok
DHL yesterday released plans to expand its urban last-mile delivery service, “DHL Parcel Metro,” beyond the U.S., to now include the greater Bangkok area. The company’s e-commerce division launched the Parcel Metro program in March, offering shippers same-day or one-day delivery for parcels up to 20 kilograms in Chicago, New York and