Jean-Paul Bailly, chief executive of La Poste, at Lille on 10 October 2004 said that they were rethinking the whole use of night flights and transport pollution. Currently the TGV handles fifteen per cent of their domestic transport and they expected this to increase in the coming years
Read MoreUPS buys Menlo Worldwide Forwarding
Read MoreUPS and CNF Inc. today announced UPS has agreed to acquire Menlo Worldwide Forwarding, Inc., a subsidiary of CNF, for USD150 million in cash and the assumption of approximately USD110 million in long-term debt. Menlo Worldwide Forwarding is a global freight forwarder that provides a full suite of heavy air freight forwarding services, ocean services and international trade management, including customs brokerage. It had USD1.9 billion in gross revenues in 2003. The acquisition reinforces UPS’s strategy of providing broad supply chain solutions to enable global commerce. As a result of the acquisition, UPS will expand its global capabilities and add guaranteed heavy air freight services around the world, enabling customers to reach the global marketplace faster. This also means UPS will introduce new time-definite products such as overnight, two-day and deferred heavy air freight in North America.
Read MoreThe Independent Pilots Association came into the second round of mediated negotiations expecting counter proposals from United Parcel Service, but as the talks concluded last night the pilots were still waiting for UPS to deliver. “UPS had seven weeks to respond to the detailed scheduling, retirement and compensation proposals we gave them back in August, but they showed up this week empty handed,” said Capt. Tom Nicholson, President of the Independent Pilots Association. He went on to say, “The ball was in UPS’s court and they chose not to play.”
Read MoreSAS Air Mail, a division under SAS Cargo, has signed a two-year agreement with Post Danmark for the transport of its global letter mail. The contract involves the airfreighting of 2,000 tonnes of letters a year from Copenhagen to nearly 200 countries.
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