UPS CEO David Abney called for closer cooperation between business and governments to work together to maximise the benefits of international trade during the APEC CEO Summit panel, Economic Reforms for Sustaining Competitiveness. In a signal to export manufacturers, Abney cited a recently launched study where key business differentiators 'quality', 'reliability', and a 'flexible supply chain' emerge as priorities for companies seeking to gain competitive advantage in a changing economic … [Read more...] about UPS CEO calls for closer cooperation at APEC
Freight Forwarders
BIAL becomes India’s first e-freight compliant airport
Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has been rated as an e-freight compliant airport by IATA for its cargo operations. This project reiterates the airport’s efforts in sustaining the long-term well-being of the environment. The e-freight concept was launched by IATA in 2006 as part of the StB (simplifying the business) programme and became an industry-wide initiative. "IATA would like to congratulate … [Read more...] about BIAL becomes India’s first e-freight compliant airport
Cathay Pacific pilots vote to strike
Some 93 per cent of Hong Kong Aircrew Officers Association members have voted to push ahead with their work-to-rule protest over the Christmas period after rejecting a proposed pay increase. If a resolution is not reached, pilots will refuse to work outside of their contractual commitments. This could result in flight delays and cancellations during the year's peak travel season. … [Read more...] about Cathay Pacific pilots vote to strike
Air China, Air Canada to form JV
Air Canada and Air China have concluded a memorandum of understanding setting out the main principles for a comprehensive revenue sharing joint venture providing for an enhanced partnership on routes between Canada and China. The JV will provide for enhanced cooperation between the two carriers in the areas of sales, marketing and airport operations, as well as generate additional service and pricing benefits for consumers travelling between the two countries. Subject to Air Canada and Air … [Read more...] about Air China, Air Canada to form JV
Agility eyes 35% stake in Kuwait Airways
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
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
