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Air Freight Companies News

Chesapeake Midstream Partners, L.P. Prices Initial Public Offering of Common Units Wednesday, July 28, 2010 @ 5:29PMOKLAHOMA CITY----Chesapeake Midstream Partners, L.P. , a Delaware master limited partnership, announced today it has priced its initial public offering of 21,250,000 common units representing limited partner interests at $21.00 per common unit.
JOAN WARD Wednesday, July 28, 2010 @ 12:03PMMrs. Joan Ward, 54, of St. Augustine, Fla., passed away Monday July 19, 2010. She was born on October 9, 1955 in Jacksonville, Fla., to Wilford and Mary Driggers. She had been a hostess in the restaurant business and had worked for Corky Bell’s and Scuttlebutts.
American Airlines Pays $5 Million to Settle Global Freight Cartel Case Wednesday, July 28, 2010 @ 10:24AMAMR Corp. ’s American Airlines agreed to give evidence against other carriers and pay $5 million to a group of freight shippers to settle a New York class-action lawsuit over its role in a global price-fixing cartel.
European Stock-Index Futures Rise; Peugeot, Air France Shares May Advance Wednesday, July 28, 2010 @ 1:59AMEuropean stock-index futures rose, indicating the Stoxx Europe 600 Index will gain for a seventh day, as earnings from PSA Peugeot Citroen to Air France-KLM Group exceeded estimates. Asian shares and U.S. futures climbed.
BART Board approves new Oakland Airport Connector funding plan Tuesday, July 27, 2010 @ 3:10PMThe BART Board reaffirmed its commitment today to creating thousands of jobs by approving a new funding package worth $484 million to build the Oakland Airport Connector (OAC) - a world-class, pollution-free, swift and reliable train-to-plane connection between the Coliseum BART Station and the Oakland Airport.
PACCAR Announces Increased Second Quarter Revenues and Earnings Tuesday, July 27, 2010 @ 7:00AMBELLEVUE, Wash.----“PACCAR reported improved revenues and net income for the second quarter of 2010,” said Mark C. Pigott, chairman and chief executive officer. “Against a backdrop of global truck markets that are only gradually emerging from historically low levels, PACCAR’s results reflect the benefits of higher truck and parts sales and improving financial services profits worldwide.
LEDC announces rail transit Tuesday, July 27, 2010 @ 6:20AMThe Laramie Economic Development Corporation (LEDC) plans to create a transit site with rail access for local businesses south of the city.
Singapore Airlines First Quarter Profit Of $253m Monday, July 26, 2010 @ 7:00PMGROUP FINANCIAL PERFORMANCE The Group earned a net profit of SG$253 million (NZ$239 million) in April – June 2010. This was a turnaround of $560 million (NZ$530 million) from the loss of $307 million (NZ$290 million) recorded in the same quarter a year ...
SIA posts 1Q net profit of $253m Monday, July 26, 2010 @ 5:37AMSingapore Airlines says the group earned a net profit of $253 million in April to June 2010. This was a turnaround of $560 million from the loss of $307 million recorded in the same quarter a year ago. Group revenue at $3,466 million grew 20.7% (+$594 million), reflecting the recovery in load factors and yields. Read more...
EU to Impose Sanctions on Iran in Bid to Halt Nuclear Drive Monday, July 26, 2010 @ 4:19AMEuropean Union governments are set to impose their toughest sanctions yet on Iran, backing U.S. efforts to force the clerical regime to halt uranium enrichment as proof it’s not seeking a nuclear weapons capability.
MOL Container Division Selects Descartes For European Import Control System (ICS) Monday, July 26, 2010 @ 3:43AMDescartes Systems Group (TSX:DSG) (Nasdaq:DSGX), a federated global network logistics solutions provider, announced that MOL, a leading multi-modal transport company, has selected Descartes to help manage its container division's European Union (EU) Import Control System (ICS) customs filings
Research and Markets: China Logistics Development Report 2010: Restructuring, Policy Changes and Hinterland ... Friday, July 23, 2010 @ 8:46AMDUBLIN----Research and Markets has announced the addition of the "China Logistics Development Report 2010: Restructuring, Policy Changes and Hinterland Infrastructure Investment to Radically Alter Logistics Landscape" report to their offering.
Kane courts considering alternatives to foreclosure Monday, July 19, 2010 @ 12:15AMThere could be new hope for Kane County homeowners facing foreclosure. Many of the Kane County officials involved in the process are trying to find a way to avoid some of the foreclosures plaguing the county. Those discussions could lead to a program similar to the mediation efforts recently announced in Will County.
UT's shuttle subsidy under scrutiny Sunday, July 18, 2010 @ 10:41PMUT's shuttle subsidy under scrutiny
Toll stays on acquisition trail Thursday, July 15, 2010 @ 12:15PMAustralia’s fast expanding Toll Group, which claims to be the largest logistics and transportation provider in the Asia region, has acquired two UK freight forwarders.
Siphiwe Nyanda denies report about tender awards Thursday, July 15, 2010 @ 10:06AMCommunications minister Siphiwe Nyanda said Thursday he had not prevailed on anyone to award tenders.
Aldermen discuss train depot options Wednesday, July 14, 2010 @ 6:18PMAldermen got their chance to weigh in on the possibility of building a train depot in the city during a Watertown Committee of the Whole meeting Tuesday.
SEC approves merger of Aboitiz companies Tuesday, July 13, 2010 @ 6:08AMThe merger of Aboitiz Transport Systems Corp. (ATS) and its subsidiary Zoom In Packages Inc. (ZIP), initiated to help rein in costs, was approved by the Securities and Exchange Commission.
Transite Introduces Industry's Most Cost-Effective Suite of Less-Than-Truckload Rating Tools Monday, July 12, 2010 @ 5:00AMRALEIGH, N.C.----Transite Technology, a leading provider of transportation management software and services, has introduced its Continental Suite of Less-Than-Truckload Rating Tools joining SMC3 and Middlewest Motor Freight Bureau as one of only three companies to offer commercial or off-the-shelf LTL rating products in the U.S.
East Africa: Every Business Wins With the Common Market Monday, July 12, 2010 @ 3:40AMJULY 1, 2010 marked the inception of the East African Common Market. It will facilitate free movement of persons, goods, services, right of residence and establishment. Faustine Kananura Mbundu, the Chairperson of East African Business Council (EABC), speaks on the salient issues in the protocol.
CORPORATE Friday, July 9, 2010 @ 2:14PMNEW PROJECTS: Revised package for Posco project oustees In a last-ditch attempt to end the opposition to the establishment of the 12-million-tonne steel plant by Posco India Pvt Ltd, The Orissa Government has revised the compensation package for those facing displacement by the proposed ...
Government of Canada Announces Investment to Promote Clean Technology Projects and Help Support Jobs Creation Wednesday, July 7, 2010 @ 4:22PMCALGARY, ALBERTA--(Marketwire - July 7, 2010) - Eighteen clean technology projects from across Canada that will help green Canada's economy today received $40 million in funding to help move innovative technology solutions to the market. The announcement, confirming the decision of the Board of Directors of Sustainable Development Technology Canada (SDTC), was made today by the Honourable Jim ...
DHL and USAID partner to promote Jordan as an outsourcing hub Tuesday, July 6, 2010 @ 6:13AM06 July 2010 Advancing its support to the outsourcing sector, USAID USAID Jordan Economic Development Program (SABEQ) partnered with DHL Express Jordan to promote sector positioning regionally and globally.
DHL and USAID partner to promote Jordan as an outsourcing hub Tuesday, July 6, 2010 @ 5:28AM06 July 2010 Advancing its support to the outsourcing sector, USAID Jordan Economic Development Program (SABEQ) partnered with DHL Express Jordan to promote sector positioning regionally and globally.
Day's shutdown may have cost India Inc up to Rs 13,000 crore Monday, July 5, 2010 @ 5:42PMThe opposition-sponsored Bharat bandh hit industrial activity in many key states, including Maharashtra, Gujarat and Karnataka, and a sulking India Inc pegged the loss of work between Rs 3000 crore and as high as Rs 13000 crore.
MHI and Hitachi Agree in Principle to Cooperate in Railway Systems for Overseas Markets Saturday, July 3, 2010 @ 4:05AMTokyo, June 22, 2010 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) and Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that they have entered into a basic agreement to work cooperatively in the field of intra-city railway systems for overseas markets, with the goals of strengthening competitiveness in global markets and expanding business as a result.
How do other nations balance their trade? Try Germany Thursday, July 1, 2010 @ 11:44PMAs America continues to contemplate its trade mess, the question naturally arises how other developed nations manage to trade with the world without deficits and without turning high-wage industries into low-wage industries to compete.
Auto Industry in the Headlines Thursday, July 1, 2010 @ 7:38AMJOHANNESBURG, SOUTH AFRICA--(Marketwire - July 1, 2010) - www.rothmanresearch.com -- The Tesla Motors IPO early this week is definitely not the kind of headlines investors have been accustomed with regarding the U.S. automobile industry. News in this sector has been mainly subjugated by the near-death experience of the Detroit Three, General Motors, Ford Motor Co ...
Auto Industry in the Headlines Thursday, July 1, 2010 @ 7:34AMJOHANNESBURG, SOUTH AFRICA--(Marketwire - 07/01/10) - www.rothmanresearch.com -- The Tesla Motors IPO early this week is definitely not the kind of headlines investors have been accustomed with regarding the U.S. automobile industry. News in this sector has been mainly subjugated by the near-death experience of the Detroit Three, General Motors, Ford Motor Co. (NYSE: F ...
Miners turn to BAe freighters Thursday, July 1, 2010 @ 4:59AMCobham Aviation Services Australia is leasing a BAe 146-300QT (Quiet Trader) freighter from BAE Systems to serve the country’s mining and resources sector.
Arrow Cargo grounded for good Wednesday, June 30, 2010 @ 7:36PMArrow Cargo, one of South Florida's oldest and largest air freight companies, announced Wednesday it had ceased operations effective immediately. The closure marks the end of months of financial trouble for the company, which announced plans to lay off 473 workers in April in an effort to avoid going out of business.
Ferro asks shippers and receivers to shape up, help with safety Wednesday, June 30, 2010 @ 3:42PMARLINGTON , Va. — Federal Motor Carriers Safety Administrator Anne Ferro, speaking here June 10 during the Washington Freight Transportation Policy Forum presented by the National Industrial Transportation League (NITL), suggested that shippers and receivers put themselves in the shoes of truckers who have limited hours to work yet get paid by the mile.
DHL still investing, selectively Wednesday, June 30, 2010 @ 11:46AMDHL is continuing to invest in domestic express networks, despite its high-profile exits from a number of major markets during the economic downturn.
One-sided court decisions threaten Germany Wednesday, June 30, 2010 @ 10:44AMGerman exports are at risk from one-sided court decisions, claims a new influential lobby group in Frankfurt.
Charter Business Lands in Van Nuys Monday, June 28, 2010 @ 6:42PMThe recovery may be weak, but it’s had enough lift to get a new charter air business off the ground.
Change blowin’ in the wind Monday, June 28, 2010 @ 3:58AMThe demand for wind power weakened along with the economy, but officials at Acciona Windpower in West Branch say they’re confident the winds of change are coming.
Al Maktoum International opens Monday, June 28, 2010 @ 1:14AMDUBAI — Dubai opened its second airport on Sunday, three weeks after its flagship carrier Emirates placed a major order for Airbus 380 superjumbos, enforcing its status as an air transport hub.
Al Maktoum International opens in Dubai Monday, June 28, 2010 @ 12:12AMAl Maktoum International opens in Dubai
Vietnam reaps spate of favorable publicity Sunday, June 27, 2010 @ 9:48PMA magazine read by ocean shipping and logistics chain specialists the world over has concluded that Vietnam is about to inherit much of China’s ‘decade-long role as the world’s factory floor.’
Dubai opens new airport, set to become world's largest Sunday, June 27, 2010 @ 8:24PMDebt-laden Dubai opened its second airport yesterday, three weeks after its flagship carrier Emirates placed a major order for Airbus 380 superjumbos, enforcing its status as an air transport hub.
Swan rubbishes mini-budget claims Sunday, June 27, 2010 @ 7:19PMOpposition finance spokesman Andrew Robb says Treasurer Wayne Swan's claims that any changes to the mining tax will not affect the budget are "absurd".
Johnson outruns Kurt Busch for New Hampshire win Sunday, June 27, 2010 @ 6:21PMJimmie Johnson continued his resurgence in the Sprint Cup Series by winning Sunday's Lenox Industrial Tools 301 after taking the lead from Kurt Busch with less than two laps remaining at New Hampshire Motor Speedway.
Dubai opens new airport Sunday, June 27, 2010 @ 3:55PMDebt-laden Dubai opened its second airport yesterday, three weeks after its flagship carrier Emirates placed a major order for Airbus 380 superjumbos, reinforcing its status as an air transport hub.
Business : Al Maktoum International opens Sunday, June 27, 2010 @ 2:32PMDUBAI — Dubai opened its second airport on Sunday, three weeks after its flagship carrier Emirates placed a major order for Airbus 380 superjumbos, enforcing its status as an air transport hub.
Dubai opens second airport Sunday, June 27, 2010 @ 1:35PMDUBAI: Dubai yesterday opened its second airport, which is touted to become the world's largest when completed, with services initially confined to cargo traffic.
Dubai opens second airport Sunday, June 27, 2010 @ 11:26AMDUBAI: Dubai yesterday opened its second airport, which is touted to become the world's largest when completed, with services initially confined to cargo traffic. The first plane landed on the sole runway of the Dubai World Central-Al Maktoum International Airport, Dubai Airports said in a statement. Three air freight companies have begun operations from the new airport, while 12 others are ...
Dubai opens 2nd airport Sunday, June 27, 2010 @ 10:53AMDubai has opened its second airport, which is touted to become the world's largest when completed, with services initially confined to cargo traffic.
Dubai opens second airport Sunday, June 27, 2010 @ 9:34AMDUBAI (AFP) - Debt-laden Dubai opened its second airport on Sunday, three weeks after its flagship carrier Emirates placed a major order for Airbus 380 superjumbos, enforcing its status as an air transport hub.
Dubai opens second airport Sunday, June 27, 2010 @ 8:12AMDUBAI - DUBAI on Sunday opened its second airport, which is touted to become the world's largest when completed, with services initially confined to cargo traffic.
Dubai's Ambitions Soar With New Airport Friday, June 25, 2010 @ 2:12AMDubai's ambitions soar with new airport