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Transportation Air Freight and Logistics

  • April 5- Placing laptops and computer tablets in the cargo hold is more complicated than air passengers or crew might expect, under new safety guidelines released on Wednesday by the European Aviation Safety Agency. EASA, which oversees safety in 32 countries, has raised concerns over fire risks in the cargo hold after the United States and Britain banned...

  • April 5- Placing laptops and computer tablets in the cargo hold is more complicated than air passengers or crew might expect, under new safety guidelines released on Wednesday by the European Aviation Safety Agency. EASA, which oversees safety in 32 countries, has raised concerns over fire risks in the cargo hold after the United States and Britain banned...

  • *First response by a safety regulator after US, UK bans. BERLIN/ PARIS, April 5- Europe's aviation regulator voiced concern on Wednesday over the risk of battery fires in the cargo holds of passenger planes and urged new safety precautions after the United States and Britain banned laptops and computer tablets from passenger cabins. The Cologne- based agency...

  • BERLIN/ PARIS, April 5- Europe's aviation regulator voiced concern on Wednesday over the possible risk of fire breaking out in the cargo holds of passenger planes and urged new precautions after the United States and Britain banned computers from passenger cabins. The European Aviation Safety Agency, which is responsible for safe flying in 32 countries, said...

  • BERLIN/ PARIS, April 5- Europe's aviation regulator voiced concern on Wednesday over the possible risk of fire breaking out in the cargo holds of passenger planes after the United States and Britain banned computers from passenger cabins and urged new precautions. The European Aviation Safety Agency, which is responsible for safe flying in 32 countries, said...

  • The first Boeing 737 MAX 9 airliner is pictured at the company's factory on March 7, 2017 in Renton, Washington.

    Boeing Co. said on Tuesday it has signed a new, $3 billion deal with Iran's Aseman Airlines to supply 30 737 MAX aircraft to the carrier.

  • Consolidation ahead for automation sector

    Gunther Kegel, CEO of Pepperl+Fuchs, says it makes sense to see further consolidation in the sector.

  • BRUSSELS, March 17- Air France-KLM, British Airways and nine other airlines were hit with a 776 million euro fine by EU antitrust regulators on Friday for taking part in an air cargo cartel more than a decade ago. The European Commission re-imposed the penalties after Europe's second highest court in 2015 annulled the EU executive's 2010 decision due to a...

  • Santos Brasil, the largest cargo operator in the country, lost the ESA contract to Grupo Libra, the second largest, according to two sources briefed on the matter.

  • Hanjin collapse was like 'nuclear bomb': Seaspan CEO

    Gerry Wang, CEO of Seaspan, says after Hanjing Shipping's "unthinkable" fall last year, life goes on for Seaspan.

  • *Company investing in parcel network across Europe. Deutsche Post DHL is expanding its parcel network across Europe, after buying a stake in Relais Colis in France and acquiring UK Mail in Britain, and has repeatedly shrugged off moves by customer Amazon.com to invest in its own delivery capabilities.. Europe's biggest postal group, which is also trialling new...

  • Are the Hong Kong shipping sector's best days behind it?

    Peter Levesque, MD at Modern Terminals Group, says the shipping industry continues to play an important role in the Hong Kong economy.

  • Logistics real estate attractive in APAC: Expert

    Elysia Tse of LaSalle Investment Management says logistics properties offer a higher yield than office space.

  • Employees handle packages at an S.F. Express store in Hong Kong, China, on Friday, Feb. 10, 2017.

    A humble delivery man has now become China's third-richest billionaire.

  • How Wang Wei went from deliveryman to billionaire

    SF Express founder Wang Wei edged out Tencent's Pony Ma to become the third richest man in China. CNBC's Sophia Yan reports.

  • Playing the logistics sector in China

    Jonathan Brodsky of Cedar Street Asset Management talks about the logistics company's undervalued joint venture with DHL.

  • Transparency issues could be risk in OBOR: Academic

    Companies involved in the One Belt, One Road project could face "capital deployment" issues, says Alex Capri, visiting senior fellow at NUS Business School.

  • Sales at its logistics business, under which the company offers services such as warehousing and distribution, rose 8.6 percent to $1.38 billion in the fourth quarter ended Dec. 31. The company sold its truckload shipping business, acquired as part of its $3 billion Con-way deal, to Canadian trucking company TransForce Inc for $558 million in October.

  • Feb 21- Package delivery company United Parcel Service Inc tested home delivery by drone in Lithia, Florida, on Monday, the first step in what the company hopes will be a move toward more automated delivery. The Tampa- area test, which UPS said went as expected, came less than a month after UPS said it would push forward investment in automation and technology as the...

  • Amazon might be muscling its way into delivery services but this is not necessarily a competitive issue for logistics companies such as UPS.