Airborne Express Annual Report 2001
Airborne Express Annual Report 2001
Read MoreTag: Air Transport
DPWN drops bid to buy Airborne Express
Deutsche Post World Net (DPWN) is not negotiating to buy Airborne Express – for the time being. An IFW source said discussions reached due diligence stage recently before breaking down, a suggestion supported by a rise above US$20 in the carrier’s US share price last month from a low point of just $9 in October
Read MoreSynergy is the key as Danzas looks ahead
Danzas, the world’s biggest air freight forwarder, will improve its performance as the market returns to growth in the second half and through cross-selling with DHL. Despite last year ‘s slump in air freight volumes and the slower than expected integration of AEI, Danzas increased its sales by 10.4% to Euro 9.15bn.
And margin improvements achieved through the rapid growth of its Solutions logistics business helped pre-tax profits 40.7% higher at Euro 159m.
Read MoreDHL Resumes Construction of U.S. Air Hub
DHL Worldwide Express today announced the resumption of construction on its new U.S. hub project. DHL has operated out of the Greater Cincinnati/Northern Kentucky International Airport since 1983 and selected the site for its expanded facility due for completion June 30, 2003. The hub serves as the U.S. region’s overnight package sorting operation for domestic and international DHL shipments.
Read MoreAir Canada Renews Agreement with Canada Post
Air Canada and Canada Post Corporation have renewed their long standing cargo and passenger services contract. The multi- million dollar contract that includes carriage of mail and corporate passenger travel has been extended for a further five years for domestic service, three years for transborder and international service and two years for corporate travel. As the carrier for Canada Post’s regular and Premium service mail, Air Canada will carry over 35 million kilograms of mail annually utilizing over 200 daily flights.
Read MorePost & Parcel Magazine
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.