Filed in Air Cargo
Thursday, May 26, 2011
Earlier this week, UPS marked the one-year anniversary of its Shenzhen Asia Pacific hub, which serves the company’s entire intra-Asian network. UPS also announced that in June it is rolling out a new direct weekly flight from Guam to Hong Kong, which connects Guam to the rest of the world.
Thursday, April 28, 2011
In the latest survey conducted by the International Air Transport Association, just over a third of respondents reported stability in employment numbers in Q1 2011 while 42 percent hired additional staff and less than a quarter cut back.
Results from the International Air Transport Association’s quarterly survey conducted in April point to a significant deterioration in sentiment on the outlook for industry profitability in 2011
Friday, April 08, 2011
Last month the Department of Homeland Security’s Transportation Security Administration (TSA) released an air cargo security update which is likely to have an impact on air cargo moving from non-U.S. locations inbound to the U.S.
Thursday, April 07, 2011
The abrupt withdrawal of Boeing 737 aircraft from Southwest Airlines’ fleet had little impact on shippers, said an industry leader
UPS said that 69 percent of the 1,136 IBT members that voted approved the contract which covers 1,200 aircraft maintenance technicians and employees in related trades at UPS, by a 69 percent to 31 percent margin.
Sunday, April 03, 2011
One must wonder why The European Commission would welcome last week’s World Trade Organization’s final case ruling on subsidies, as it clearly favors Boeing over Airbus. Still, a proud face was put up by the EU members, who maintain that Boeing has received subsidies in the past and continues to receive them today.
Tuesday, March 29, 2011
FedEx Express launched a new dedicated 777F route connecting FedEx World Hub in Memphis, Tennessee to South Korea with four nonstop flights a week. And UPS launched four direct flights from Hong Kong to Europe this week, which, it said, enables the company to offer the widest next-day delivery package for packages and heavy freight to Europe from Hong Kong.
The International Air Transport Association today announced scheduled international traffic for February 2011 showing increases of 2.3 percent for cargo demand compared to February 2010.
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Thursday, March 17, 2011
Net income for the quarter—at $231 million—was down 3 percent from last year’s $239 million, but quarterly revenue at $9.66 billion was up 11 percent from last year’s $8.70 billion. Operating income—at $393 million—was down 6 percent year-over-year.