Agility announced its interest in buying a 35 per cent stake in loss-making state carrier Kuwait Airways, Arab News reported. Agility's CEO Tarek Sultan told Reuters that this investment plan is based on the company's strategy of expanding into aviation services. Previously, the Kuwaiti Parliament said it has approved a plan to privatize the flag-carrier by selling a 35 per cent stake to an investment company, but since then the plan has been delayed several times. "We don't know the … [Read more...] about Agility eyes 35% stake in Kuwait Airways
Express
FedEx Freight CEO William Logue to retire
FedEx Corp. announced that William J. Logue will retire as president and CEO of its FedEx Freight subsidiary on 31 December 2014. He has guided FedEx Freight since 2010 to a leading position in the US less-than-truckload (LTL) market. He cited health concerns as the reason for his decision to retire. Michael L. Ducker, a 40-year FedEx veteran, will succeed Logue as president and CEO of FedEx Freight. Ducker will move into his new role on 1 January 2015, from his current position … [Read more...] about FedEx Freight CEO William Logue to retire
TNT launches data management tool for pharma
Asia’s fast-growing clinical trials sector gets a ‘shot in the arm’ with the launch of a new, web-based application, which is set to revolutionise the clinical trial supply chain. As the pharmaceutical industry enters a new phase of rapid growth, with larger pipelines designed to get new drugs to market faster, the clinical research sector faces the challenge of maintaining tight controls over the process and budget of clinical trials. It is further compounded by the … [Read more...] about TNT launches data management tool for pharma
IAG Cargo launches EuroConnector
IAG Cargo has launched EuroConnector, a new service that the company says is a simple, cost effective and time-definite option for shipping freight into, around and out of Europe. The launch has been timed to coincide with peak business demand in the run up to Christmas. Businesses that currently rely on truck networks when connecting globally to or from Europe can now take advantage of the carrier’s short-haul network through a simply-priced tariff. Connecting to the 114 European … [Read more...] about IAG Cargo launches EuroConnector
UPS survey reveals Japanese manufacturing trends
UPS announced the first “UPS Japan Manufacturing and Trade Trends” survey, which looks into the current and future trends of the manufacturing industry in the context of global trade and logistics UPS announced the first “UPS Japan Manufacturing and Trade Trends” survey, which looks into the current and future trends of the manufacturing industry in the context of global trade and logistics. The continuing shift in manufacturing from Japan to overseas … [Read more...] about UPS survey reveals Japanese manufacturing trends
FedEx expands early delivery service
FedEx Express is broadening its early delivery service, known as ‘International First’, increasing the number of origin markets to include 31 new countries. The service is now available in: Austria, Bahrain, Belize, Bolivia, China, Czech Republic, Denmark, Ecuador, El Salvador, Finland, Guiana … [Read more...] about FedEx expands early delivery service
