Leading Czech logistics company CS Cargo has bought CS Express, one of the three largest Czech express delivery providers, CTK Business News reported. The value of the transaction has not been disclosed. The companies signed an agreement on a gradual increase of CS Cargo's stake in CS Express to 100 per cent. The company will continue to operate as an independent unit, but will be able to use CS Cargo's facilities, such as information system and the system of central purchasing. A new centre for … [Read more...] about Czech Republic’s CS Cargo acquires express firm
Express
DHL finally bails out of US domestic ops
After weeks of speculation DHL finally bailed out on its five-year push to become the "third alternative" to UPS and FedEx in the US express market. From early 2009 all domestic US services will cease as the company focuses on international operations to/from 15-20 US metropolitan areas. "The basic reason is that the US is a highly concentrated duopoly market and the reality is. . .UPS and FedEx's scale, market reach and brand awareness have made it impossible for us to make it economically … [Read more...] about DHL finally bails out of US domestic ops
FedEx targets 20% lower CO2 emissions
FedEx has said it intends to reduce carbon dioxide emissions from its aircraft fleet by 20 per cent by 2020. It said it already has reduced CO2 emissions by 3.7 per cent per ATM since 2005. Key to the efficiency gains will be the replacement of its 90 727Fs with at least 87 757-200 converted freighters by 2016. The 757s will reduce "fuel consumption up to 36 per cent while providing 20 per cent more payload capacity," the group said. "FedEx is also reducing the amount of fuel we use when a plane … [Read more...] about FedEx targets 20% lower CO2 emissions
UPS said to be cuting NCA loose in favour of ANA
UPS is said to be teaming up with All Nippon Airlines (ANA), as it cuts its links with Nippon Cargo Airlines (NCA). According to press reports from Japan, the agreement between the two calls for ANA to carry cargo to Asian destinations for the integrator, while UPS gives the carrier space on its flights to North America and Europe. UPS currently has a similar deal with NCA, which is due to expire at the end of March, when the partnership with ANA is due to begin. "Due to changes in the business … [Read more...] about UPS said to be cuting NCA loose in favour of ANA
UPS plans new Calgary express hub
Express carrier UPS plans to open a new distribution center at Calgary International Airport in October, 2009. The company's Canada subsidiary will construct a C$26-million, 150,000-square-foot distribution facility to handle import, export and Canadian domestic shipments. The center will allow UPS to double its package processing capability for growing volume moving through Alberta province. Since 2003, UPS has seen a 60-per cent increase in the volume of orders from the greater Calgary area, … [Read more...] about UPS plans new Calgary express hub
DHL opens new Jordan hub
DHL Express, has announced that its US$3.7 million hub in Jordan is now fully operational, Al-Bawaba News reported. The new facility combines a state-of-the-art airside operation with the hub and transit point. The Hub services all of DHL's road activity from the Gulf Cooperation Council (GCC) through to the Levant, North Africa, and Europe. The DHL Hub is spread across 4,000 square metres and already handles 740,000 kilograms every month, and has the capacity to double this within 18 months. … [Read more...] about DHL opens new Jordan hub
