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Transportation Air Freight and Logistics

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  • Aug 10- United Airlines on Monday launched a subsidiary to handle checked bags and perform other services for its regional unit, United Express, a move in line with industry peers aimed at improving operations. United Ground Express will take over customer and cargo service starting this fall at some of the 150 U.S. airports where parent United Continental...

  • Aug 10- United Airlines on Monday launched a subsidiary to handle checked bags and perform other services for its regional unit, United Express, a move in line with industry peers aimed at improving its operations. United Ground Express will take over customer and cargo service starting this fall at a number of airports where parent United Continental...

  • NEW YORK, Aug 4- Boeing Co said on Tuesday it had updated the technical specifications, or performance characteristics, of its jetliners to reflect the way airlines use them and also the trend toward heavier passengers, seats and cargo. The world's biggest plane maker stressed that the airplanes themselves have not changed. But since it does not reveal specific...

  • July 30- European private equity firm PAI Partners said on Thursday it had agreed to sell Swissport International to China's HNA Group, a deal that will help the Swiss air cargo handler broaden its reach in Asia. HNA Group, the owner of China's Hainan Airlines, will pay 2.7 billion Swiss francs for Zurich- based Swissport. "The acquisition by HNA will enable the...

  • PARIS, July 28- Airbus Group is increasingly confident it can reach the upper end of its target for deliveries of A400M military transport planes this year despite a recent accident that interrupted deliveries, a senior executive told Reuters. Airbus has said it aims to deliver between 14 and 18 of the troop and cargo aircraft in 2015.. Airbus has so far this year...

  • Toll Global Logistics unveils 'future ready' warehouse

    Chris Pearce, CEO of Toll Global Logistics, introduces the company's new warehouse - a 100,000 square meters integrated transshipment hub called "Toll City" in Singapore.

  • *Deal more than doubles FedEx fleet of 767 Fs. SINGAPORE, July 22- FedEx Corp, the world's largest cargo firm, has signed a deal to buy 50 additional Boeing Co 767-300 freighters in the biggest order ever for the plane, allowing the aircraft maker to extend its production line well into the next decade. FedEx said the aircraft will be delivered by Boeing for its FedEx...

  • Thibaud Simphal, manager of Uber France, and Pierre-Dimitri Gore-Coty, general manager for western Europe, were detained as part of an investigation that earlier led to Uber's offices being raided by police in March. Uber has provoked protests by taxi drivers from London to New Delhi as it upends traditional business models that require professional drivers...

  • DHL: New China-Europe rail service is good news Thursday, 25 Jun 2015 | 12:46 AM ET
    DHL: New China-Europe rail service is good news

    Kelvin Leung, CEO, Asia Pacific at DHL Global Forwarding, says the company's third rail service from China to Europe offers customers with a cheaper and faster option.

  • *Airbus gets orders, commitments worth $57 bln. *Airbus helped by last-minute deal with Wizz Air. PARIS, June 18- Airbus won the Paris Airshow with a last-minute $14 billion deal to sell 110 jets to Hungary's Wizz Air on Thursday, diverting attention from a growing industry debate over how quickly a record backlog of jet orders can be built.

  • PARIS, June 17- Russian cargo airline Volga-Dnepr Group has signed a memorandum of understanding to buy and lease a total of 20 more Boeing 747- freighters in what would be a major boost for the U.S. planemaker's struggling four-engined jumbo. Both Boeing and European rival Airbus have seen orders for their biggest planes dry up as customers opt for improved...

  • PARIS, June 17- Russian cargo airline Volga-Dnepr Group has signed a memorandum of understanding for 20 additional 747-8 freighters valued at $7.4 billion at list prices, planemaker Boeing said at the Paris air show on Wednesday. "For Volga-Dnepr Group, adding more 747-8 freighters will allow development of the group's scheduled business, AirBridgeCargo...

  • PARIS, June 14- Boeing Co said on Sunday it was in "deep discussions" with potential buyers for five remaining C-17 cargo planes built before Boeing halted production of the aircraft, and expected to sign purchase agreements before the fourth quarter. Chris Raymond, vice president of business development and strategy for Boeing Defense, Space& Security, said the...

  • PARIS, June 14- Boeing Co said on Sunday it was in "deep discussions" with potential buyers for five remaining C-17 cargo planes built before Boeing halted production of the aircraft, and expected to sign purchase agreements before the fourth quarter. Chris Raymond, vice president of business development and strategy for Boeing Defense, Space& Security, said the...

  • Italy's Alitalia agrees to start flights to Mexico Friday, 12 Jun 2015 | 5:47 PM ET

    June 12- Italy's largest airline, Alitalia Linee Aeree Italiane SpA, agreed on Friday to start direct flights between Rome and Mexico City, as part of its plan to expand revenue via long, international flights. "The flight to Mexico City responds to market demands that appear to be of great interest, both in terms of traditional tourism, business tourism and cargo."

  • UPDATE 1-Boeing revises up jet demand forecast Thursday, 11 Jun 2015 | 10:50 AM ET

    PARIS, June 11- Boeing Co boosted its 20- year forecast for aircraft demand by 3.5 percent on Thursday, predicting "strong and resilient" growth as two out of every five newly built jets feed Asia's booming travel market. The U.S. planemaker expects airlines and freight firms to take delivery of 38,050 jets worth $5.6 trillion by 2034, by which year more than 7...

  • Boeing revises up jet demand forecast Thursday, 11 Jun 2015 | 10:17 AM ET

    PARIS, June 11- Boeing Co boosted its 20- year forecast for aircraft demand by 3.5 percent on Thursday, predicting "strong and resilient" growth as two out of every five newly built jets feed Asia's booming travel market. The U.S. planemaker expects airlines and freight firms to take delivery of 38,050 jets worth $5.6 trillion by 2034, by which year more than 7...

  • MIAMI, June 9- Cathay Pacific Airways Ltd saw air cargo demand soften in the second quarter but expects a rebound in the long run on the backs of U.S. and Asian consumers, Chief Executive Ivan Chu said Tuesday. The remarks, made on the sidelines of the International Air Transport Association's annual meeting, follow a report by the trade group last week that demand...

  • *C.H. Robinson rally lifts transport stocks. Adding to the day's upbeat tone, Greece's international creditors signaled they were ready to compromise to avert a default even as Athens indicated it might skip an IMF loan repayment due this week. Higher yields on fixed income translate into higher rates and that increases the net interest margin for financials, "...

  • PARIS, May 29- Air France faces its second safety investigation in as many weeks after pilots were forced to recover in mid-takeoff after entering the wrong data into the computer of a cargo jet, airline and safety officials said. The mistake over the plane's weight was discovered when the Boeing 777 freighter accelerated too slowly while starting off down the...