NIX LAX - Where will it land?? InNew York or Los Angeles??A war of words broke out last monthbetween satisfied JKF airport officialsand extremely angry Los Angeles(LAX) airport executives, when thelatter accused Airbus that it had renegedon a promise to bring its newshiny A380 to LAX on its first US testflight. Airbus last month announcedthat the A380 would fly from Frankfurtto JFK in New York on March 19, fromwhere it will go to Chicago's O'Harethe next day.The jet will then fly from … [Read more...] about NIX LAX
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FedEx Express EMEA
FedEx Express has announced the promotions of Hamdi Osman to senior vice president of the Middle East, Indian subcontinent and Africa, and Jacques Creeten to vice president of India. Osman began his employment at FedEx in 1978 as a truck washer. Following several positions in the US, Osman moved to the Middle East in 1991, where he became managing director for the Middle East and Indian subcontinent region. In 1997 he became vice president, operations, Middle East, Indian subcontinent and … [Read more...] about FedEx Express EMEA
Singapore Airlines
Singapore Airlines' subsidiary Singapore Airport Terminal Services (SATS) said that its president and chief executive, Ng Chin Hwee will soon leave the company to take up a senior position at SIA. SATS said Ng will be promoted to his, as yet undisclosed, new position, in due course. It added that a search committee had started to look for a successor to Ng, who will stay in his current position until his replacement has been found. During his tenure as SATS CEO, Ng has spearheaded the … [Read more...] about Singapore Airlines
Global players dominate service parts logistics
The global service parts logistics industry is becoming increasingly dominated by the major integrated express carriers and a small number of ¡®4PLs'. This is just one of the conclusions of a major new report published by UKbased logistics research organisation, Transport Intelligence (Ti). The report, Global Service Parts Logistics in the High Tech Sectors, found that as the market increasingly matures, SPL products and services are finally starting to meet the demands of the global high … [Read more...] about Global players dominate service parts logistics
Launches first freight payment bond in China
Aktiv Group, a leading European insurance broker, has launched a multi-modal cover policy and a freight payment bond product into China's fast growing freight forwarding sector, targeting thousands of small-to-medium sized companies. The freight payment bond is the first insurance scheme on offer to more than 15,000 SME freight forwarders in China, and provides affordable cover against outstanding freight costs due to bankrupt agents. Previously freight payment bonds were mainly available … [Read more...] about Launches first freight payment bond in China
Kewill Systems buys IPACS e-Solutions
UK-based Kewill Systems plc which specialises in global supply chain execution software and services, has announced the acquisition of Singapore- based IT solution provider IPACS e-Solutions (S) Pte Ltd, for an initial consideration of S$5.5 million (£1.85 million) in cash. In addition, at various dates in the 24 months following completion, up to S$4.5 million (£1.55 million) will be payable in cash as deferred consideration subject to the attainment of performance criteria related … [Read more...] about Kewill Systems buys IPACS e-Solutions
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