Tag: Air Transport

DOT makes final the award of new China flights to UPS

Posted by | Apr 1, 2005 | |

The US Department of Transportation today granted final authorization for UPS to expand its air operations to and from China. The DOT issued a Final Order granting UPS three additional frequencies per week to serve China, starting in 2006. The additional flights will allow UPS to continue growing its business throughout the region, providing services ranging from express delivery to general freight. UPS currently flies from the United States to China 12 times per week and will expand that number to 18 this year. Today’s decision grants UPS two additional frequencies to Shanghai and one new frequency to Guangzhou, effective next year.

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UPS pilots may vote to strike

Posted by | Mar 28, 2005 | |

The union representing 2,500 pilots at United Parcel Service Inc. has called for a vote to authorize a strike that could severely cripple the nation’s largest carrier. UPS handles an average 13.6 million packages a day. According to the Wall Street Journal, results of the strike vote are expected in mid-May. UPS pilots have been without a contract for two years. Even if a strike is authorized, it would be unlikely in the near term. For one thing, eight months ago, the union invited federal mediation. It can’t legally strike as long as mediation continues. For another, President Bush could step in to block a strike temporarily.

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Lufthansa and DHL form specialised transport joint venture

Posted by | Mar 15, 2005 | |

Deutsche Lufthansa AG and Deutsche Post AG’s DHL DanzasAir & Ocean said they set up a joint venture to provide ‘temperature controlled’ transport solutions for the life science industry. The new Florida-based company, called LifeConEx, will help life science companies such as pharmaceuticals prevent damage to temperature-sensitiveproducts, the companies said. LifeConEx will begin operating on April 1 and, according to Lufthansa and DHL, it will be the only firm of its kind.

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ABX builds non-DHL profits

Posted by | Mar 11, 2005 | |

ABX Air is finding that being independent is increasingly profitable, whether the former Airborne Express airline flies for DHL or not. The company reported a USD37 million net profit in 2004, nearly double the earnings for 2003, as the former Airborne Express air carrier saw revenue edge up to USD1.2 billion. The earnings included an USD18.1 million net profit in the fourth quarter on a 31 percent increase in revenue to USD361.4 million. Those earnings were spurred by an unexpected surge of package volume, up 29 percent over last year’s fourth quarter and 22.2 percent over third quarter 2004 totals. The strong financial report marked an important step in the airline’s path to independence since it was spun off from Airborne in 2003 following DHL’s purchase of the express operator. DHL accounts for the huge majority of ABX’s revenue but the airline said its non-DHL revenue grew from USD11.6 million in 2003 to USD26.7 million last year.

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FedEx launches industry’s first direct connection between mainland China and Europe

Posted by | Mar 3, 2005 | |

FedEx Express has launched the express air cargo industry’s first direct flight from mainland China to Europe. The flights, which will provide daily service from Shanghai, China to Frankfurt, provide numerous benefits for FedEx customers worldwide. “Again, FedEx leads the express industry in connecting our global customers with the world’s fastest growing market, China. The new flights emphasize the importance of China on the world business stage and the flourishing trade and political ties between China and the European nations,” said Michael L. Ducker, executive vice president-international, FedEx Express. “This past year, Europe became China’s number-one trading partner, and this new flight strengthens our leadership in facilitating trade between Asia, Europe and North America. These trade benefits are the direct result of the liberalization of China’s aviation market and support our belief that the elimination of trade barriers encourages global economic growth.”

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