French national postal operator LaPoste said it will record a 700 millioneuros net profit in 2006, up by about25 percent on the figure of 557 millioneuros for 2005. La Poste noted that its balancesheet would be hit by an exceptionalreform-linked contribution of 2 billioneuros to the national pension financingsystem at the end of this year. Internalinvestment this year on new hubs inLorraine and Val de Loire and themodernisation of the postal network(1,100 offices) reached 1.2 billion euros,up … [Read more...] about France’s La Poste reports profit for 2006
Carriers
Schenker-Seino, BAX Global merge in Japan
Schenker-Seino Co. and BAX GlobalJapan K.K. said they have completedthe merger between the two organisations.The combined company operatesunder the name Schenker-Seino Co.,Ltd, which will have about 460 employeesat 23 locations throughout Japan. Both companies have been active inthe Japanese market for over 40 years,with an established portfolio of customersacross industries, such as high-tech,automotive, consumer, and chemicals.The services provided by Schenker-Seino include air and sea … [Read more...] about Schenker-Seino, BAX Global merge in Japan
Airbus confirms orders for A330-200F
Airbus has been given the go-aheadfor the industrial launch of the A330-200 Freighter and confirmed that GuggenheimAviation Partners, FlyingtonFreighters and Intrepid Leasing havesigned orders for a total of 32 AirbusA330-200 Freighters. US-based Guggenheim AviationPartners acting on behalf of one ofits investment funds, is the launchcustomer for the A330-200F. The company has signed a contractfor six of the new 60 plus-tonne freighters,converting a Letter of Intent signedin October … [Read more...] about Airbus confirms orders for A330-200F
Icelandair picks SGS for ground handling
Icelandair has signed an agreementwith SAS Ground Services (SGS) forground handling. It covers services atthe airports at Oslo and Bergen in Norwayand Stockholm and Gothenburg inSweden. De-icing service at Oslo airportis also included. The new contract together with SGS'current services to Icelandair at Copenhagenand Helsinki airports entailsapprox. 2,100 departures per year.The contract will be effective fromFebruary 1, 2007. … [Read more...] about Icelandair picks SGS for ground handling
100% screening feasible, says handler
100 percent screening of air cargois perfectly feasible and would be amore sensible system than the currentKnown Shipper system, according toOlivier Bijaoui, president and CEO ofWorldwide Flight Services (WFS), theworld's largest cargo handler. Speaking in response to the 10January vote in the US Congress thatmandated screening for all belly cargowithin three years, Bijaoui insists that itwould present WFS, which has handlingoperations at many US airports, withno particular problem. 'We … [Read more...] about 100% screening feasible, says handler
SLFFA disturbed by new DMS standards
The freight forwarding industry andshippers in Sri Lanka have expressedserious concerns about the attemptsby the Director of Merchant Shipping,(DMS) to regulate the industry usinglow standards and hastily drafted legislation. Freight forwarders in Sri Lanka,whose representative body, the SriLanka Freight Forwarders Association(SLFFA) completed 25 years ofexistence this year, have played aninfluential role in making Sri Lankaa leading logistics and freight hub inSouth Asia. Unlike shipping … [Read more...] about SLFFA disturbed by new DMS standards