The top executive of a company that operates overnight package delivery flights near here says he hopes another air carrier opts to move similar operations to Wilmington.
The consolidation would make sense because the air freight hub near Wilmington run by ABX Air Inc. can handle more packages than DHL’s operations at the Cincinnati/Northern Kentucky International Airport, said Joseph C. Hete, ABX’s president and chief executive.
Read MoreTo ensure that letter delivery contribute a stable 2bn euros to group profits, management intends, within reason, to take advantage of the gradual deregulation of the market. The group will aim for its US express service DHL/Airborne to break even in 2005. DHL/Airborne showed a loss of 284m euros last year. A dividend of 0.44 euros per share is to be paid out for 2003, compared with 0.40 euros for the previous year. This represents a stable dividend rate of 30 per cent.
Read MoreAmtrak Express Parcels Bristol branch has invested over GBP250,000 as part of a major expansion scheme to meet customer demand. New owners of Amtrak Bristol, Paul Morris and Tony Foster, have invested in a fleet of 11 new Iveco and LDV vans, office refurbishments and a new customer call centre.
Read MoreThe Board of Directors of UPS have declared a regular quarterly dividend of 28-cents per share on all outstanding Class A and Class B shares.
The dividend is payable June 2, 2004, to shareholders of record on May 17, 2004.
The Board, meeting in a regularly scheduled session, also raised to USD1 billion its authorisation for the repurchase of Class A and Class B shares.
Read Moretime:matters enters into partnership with United Airlines Cargo to take the same:day express courier service across the Atlantic, and with TNT Express for its US Night Express next-day service. Effective immediately time:matters GmbH, a subsidiary of Lufthansa Cargo AG, will be working together with United Airlines Cargo in the European-American express logistics market. Also effective this week, TNT Express is offering its product – US Night Express – through a partnership with Lufthansa’s time:matters.
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