Several US airlines may decide not to take up the largest portion of the aid offered under the federal assistance package, despite having lobbied intensely for a government bail-out of the industry.
The Air Transport Association estimates that only half of the 10 largest carriers will apply for loan guarantees offered by the government, which could total $10bn.
The guarantees are in addition to the $5bn in cash already granted under the bail-out scheme.
Read MoreAIR express cargo operators Federal Express and DHL are adopting a wait-and-see approach on whether to impose a surcharge on freight shipments following last month’s terrorist air attacks in the United States.
TNT, a subsidiary of the European air cargo and logistics group TPG, said a “small supplement will be introduced worldwide in a phased approach” to support additional service and security measures. A TNT spokesman said the extra checks include the x-raying of all shipments, enhanced security controls and some restrictions on the acceptance of consignments.
Read MoreNeopost, the European leader and number two worldwide supplier of mailing
solutions, today announced the acquisition of the number three worldwide
supplier of mailing systems : Ascom Hasler, the Mailing Systems Division of
the Swiss group Ascom.
The acquisition price has been set at Swiss Francs 359 million (around Euros
240 million), subject to final adjustments at closing. The completion of the
transaction is still subject, amongst other things, to governmental
authorisations.
WASHINGTON, D.C. — Large business mailers can now track where their mailings are within the postal mailstream in near real time with the October 1st launch of the enhanced Confirm program.
“Confirm gives mailers a window into our operations and brings them one step closer to being able to know where their mail is at any time,” said Nicholas Barranca, vice president, Product Development.
” It also provides our operations managers with the same information to isolate problems and improve service.”
Read MorePitney Bowes has completed the acquisition of Bell
& Howell’s International Mail and Messaging Technologies (MMT) business in
Europe, Africa, Middle East and Asia, for million in cash. As announced
on April 18, 2001, the company agreed to acquire Bell & Howell’s
International MMT business following governmental approval and works council
consultations.
“This acquisition enables us to better serve the unique needs of our
customers worldwide,” said Michael J. Critelli, chairman and CEO of Pitney
Bowes. “It also extends our presence, reach and market share in non-U.S.
markets. We’ve significantly strengthened our position in areas of great
opportunity such as the German, French and Japanese markets, and enhanced
our overall breadth of coverage — including direct sales and service — in
key growth areas like Belgium and the Netherlands.”
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