TNT, UPS announced a $ 6.85 billion in cash

Mar 19th, 2012 | Posted by freight forwarder

United Parcel Service (United Parcel Service Inc. UPS) will be 5.2 billion euros (about $ 6.85 billion) acquisition of Europe’s second largest courier service TNT Express, the former aimed at improving its market share in Europe and sales of 45 billion euros to build the logistics giant.

TNT said its board of directors and board of supervisors agreed UPS issued the offer to 9.50 euros per share, higher than last month issued the first nine euros per share offer. PostNL TNT’s largest shareholder, with 29.8% of the shares, the shareholders also expressed support for the deal. Read more…

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TOP 10 BEST ONLINE MBA school

Mar 19th, 2012 | Posted by freight forwarder

Distance learning is becoming increasingly popular for busy professionals who want to advance their careers. The programs in this top 10 best online MBA program ranking are the cream of the crop, offering top rated highest-quality education from top professors, at well-respected and time-tested institutions. Their graduates are among the most sought-out MBAs on the planet.

Some of the programs on our top 10 MBA school rankings list offer the flexibility to start or complete a degree on campus, and others require students to attend a mandatory on-site learning sessions a few times as part of the requirements for completing their degree.

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IATA calls for global resolved through negotiations, the EU carbon tax

Feb 8th, 2012 | Posted by freight forwarder

IATA (International Air Transport Association, IATA, referred to as “IATA”) yesterday (17) told reporters that the EU carbon emissions trading scheme for formally implemented on January 1 this year, the organization continues to call on all parties under the coordination of the ICAO in order to achieve a global solution. At the same time, the industry believes that the integrated use of biofuels, including new technologies, new measures, the future is fully capable to achieve emission reduction targets of the aviation industry.

With the formal implementation of the EU carbon tax, all flights out of the 27 EU member states are required to pay an additional sum of aviation carbon tax. The EU has led to strong protests from the United States, China, Russia and other major global economies. The end of 2009, the U.S. Air Transport Association and three American Airlines, the EU imposed an aviation carbon tax violation of the Convention on International Civil Aviation sued the European Union. But by the end of 2011, the highest judicial body of the European Union – European Court of Justice dismissed the lawsuit. For dissatisfaction with the unilateral EU carbon emissions tax, a number of non-EU countries are planning to use similar modes of taxation to counter the EU. Read more…

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IATA: global air cargo market shrinking by 5%

Feb 8th, 2012 | Posted by freight forwarder

IATA’s latest financial data survey report shows that European airlines of the third quarter of 2011 year on year net profit fell 20 percent, Asia-Pacific and North American airlines last year, a year-on-year net profit fell more than 50 percentage points.

Airline shares fell 3 percent in December

The survey shows that 61 airlines in the third quarter operating profit amounted to $ 12 billion, net profit amounted to $ 5,000,000,000. European airlines in the third quarter net profit of $ 2.744 billion, down 5% year on year. Asia-Pacific airlines in the third quarter net profit of $ 1.596 billion, ranking second. North American airlines in the third quarter net profit of $ 898 million. Read more…

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U.S. Airways in the fourth quarter profit fell 35 percent

Feb 8th, 2012 | Posted by freight forwarder

U.S. Airways U.S. Airways (LCC) said on Wednesday that fourth quarter net profit fell 35 percent in passenger revenue growth failed to offset the sharp rise in fuel costs.

Its net profit of $ 28 million from a year earlier, or 17 cents per share to $ 18 million, 11 cents a share.

Does not include one-time expenses, the company posted 13 cents a share, higher than accept the FactSet survey of analysts’ average estimate of 2 cents. Read more…

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UPS in 2011 profits increased 14% to $ 3.8 billion

Feb 8th, 2012 | Posted by freight forwarder

United Parcel Service Corporation (United Parcel Service Inc., referred to as “UPS”) announced 2011 net income of $ 3.8 billion, compared with the $ 3.34 billion net profit rose 14 percent in 2010 and is scheduled for 2012 are good prospects despite the global economic is uncertain.

Chief Financial Officer Kurt Kuehn said the company expects 2012 mixed global economic growth, the U.S. economy, slow growth, however, he added, in view of the expected 2012 per share earnings than in 2011 increased by 9-15%, “UPS is expected next year will be another profitable year. Read more…

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Three major trends of modern logistics

Nov 4th, 2011 | Posted by freight forwarder

As we all know, the modern logistics industry is the second increase labor productivity, reduce resource consumption, after the third profit source, but also to promote economic transformation and upgrading of the accelerator. According to statistics, China’s logistics costs accounted for about 18% of GDP, while the developed countries this ratio is only 7% to 8%. Promote the development of modern logistics to the end, it will greatly speed up the process of China’s economic transformation and upgrading. To this end, we have compiled a group to reflect the development trend of modern logistics industry of articles, some readers want to learn. Read more…

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Air China increases Beijing flights to Los Angeles

Sep 7th, 2011 | Posted by freight forwarder

Local time on the morning of September 1, one from Beijing, Air China Boeing747-400 aircraft flew to the United States Los Angeles International Airport. Los Angeles Fire Department’s fire trucks to spray two aircraft over the water column,to create a mist, “arch” to the official opening of Beijing Ji Nianguo flight to Los Angeles a second daily non-stop flights.

Air China had a group of day and from Beijing and non-stop flights between Los Angeles. After the addition of new flights, in addition to doubling the existingcapacity, the Air also committed to improving the quality of service. Read more…

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Maersk port container handling efficiency list released

Sep 7th, 2011 | Posted by freight forwarder

Denmark world’s largest shipping company Maersk, recently released from January to August, anchored global average efficiency of port berths list, which tied for first place Qingdao port, berth average time of 160.7 natural case, far lead the world’s major ports.

“Berths average efficiency”, is the world’s shipping industry on a more general experience of port operations efficiency evaluation method, highly authoritative, each boat is hung from the upper terminal cable to the first root of the last one put aside the job is completed cable operations during this period gross berth productivity. Read more…

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AirTextainer: The simplest is the best

Sep 4th, 2011 | Posted by freight forwarder

“I never think of themselves as an inventor.” Key to change about 18 years ago the invention of the fashion logistics sector, known as Air Container (Air Textainer) the father of Weiner. SED (Werner Sander) laughed. ”The piece of wood on the installation of metal frame and cover, but who is able to think of ideas.” He said.

Time back to January 1993, Stuttgart, Germany. Sed popularity in the global logistics provider Logistics (Logwin) Air Ministry as a manager who just turned 6 months, veteran fashion logistics experts are troubled by the industry for a long time bothered by the question: can not find a worldwide logistics for cargo business to China and Central and South America to the fashion trade by hanging (GOH) equipment. In the early 1990s, logistics providers can only rely on the simplicity of the airline transportation equipment GOH fashion, the destination airport is the transport terminal, but airlines are always highly variable, and only a few can provide the right equipment. Read more…

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