Newspaper reports in Britain are suggesting that US global express giant UPS is preparing to make a bid for European rival TNT. Unsourced reports have suggested that Atlantabased UPS will offer €10-15 billion for the Dutch company. The current UPS/ TNT rumour follows similar reports a month earlier that FedEx was discussing a possible purchase of, or merger with, TNT. The UK's Sunday Telegraph, suggested recently that UPS has been working with a private equity company in order to float off … [Read more...] about More rumours of TNT suitors
TNT opens new Hanoi hub
TNT Express has announced the launch of its new TNT International and Domestic Operations Centre, North in Hanoi, Vietnam. Designed to handle heavy freight, the new facility is part of TNT's strategy to leverage the soaring demand for freight express services between Vietnam, the rest of Southeast Asia, China and Europe to grow its business in the region. Located in the ICD My Dinh, Tu Liem District in the Hanoi capital, the new €1 million facility spans 1,200 square metres and employs 90 … [Read more...] about TNT opens new Hanoi hub
High tech relief from global recession
One bit of good news for the air express industry came recently from the Semiconductor Industry Association (SIA) which reported that global sales of semiconductors for the first half of 2008 grew to US$127.5 billion, an increase of 5.4 per cent over the first half of 2007. The news appears to buck the trend of a faltering global economy as semiconductor sales are seen as 'bellwether' indicator. Emerging markets are a major driver of worldwide semiconductor sales. The SIA is forecasting PC … [Read more...] about High tech relief from global recession
Kintetsu expands Shanghai service
Japanese global forwarder Kintetsu World Express (KWE) has expanded its express air cargo delivery services between Japan and Shanghai, China. The forwarder has added the Central Japan International Airport its current terminals at Narita and Kansai airports for its 'Shanghai 12 Express' and 'Shanghai 24 Express' products. "Since starting last year (from Narita and Kansai), these services through their ability to provide delivery from a shipper in Japan to a consignee in Shanghai within 12 or … [Read more...] about Kintetsu expands Shanghai service
New aviation academy for Kuwait
Kuwait's National Aviation Services (NAS), the provider of airport ground handling services to airlines at the Kuwait International Airport has announced the launch of the NAS Aviation Academy. This comes shortly after NAS successfully obtained its Certification as an IATA Authorised Training Center. The NAS Aviation Academy will provide training programmes in Travel & Tourism, Cargo and Dangerous Goods, Airport & Civil Aviation procedures, Passenger Services and Ground Handling Operations in … [Read more...] about New aviation academy for Kuwait
Fraport handles musical instruments for SIA
Fraport Cargo Services (FCS) was awarded with the handling of highly sensitive musical instruments at Frankfurt Airport on behalf of Singapore Airlines. The instruments, nearly 3 tonnes-worth, are owned by musicians of the American orchestra "Sound of America", consisting of talented high school instrumentalists and vocalists from all across the United States of America. Each year, a new group of students is chosen for the annual European Concert Tour -now in its 32nd year - which takes place … [Read more...] about Fraport handles musical instruments for SIA
