The continued dynamic growth of ecommerce fulfillment has UPS and FedEx preparing for one of the largest holiday season forecasts to date. Retailers and carriers alike are working together on ways to incentivize their consumers to spend more money, but they must also be ready to meet their shipping deadlines when consumer’s make their online purchases. The 2013 holiday shipping season experienced a number of delays, missed deliveries and service disruptions due to the increase of ecommerce … [Read more...] about FedEx, UPS make plans to avoid holiday delays
Air Cargo Asia
CJ Korea, KKR, XPO in bid for APL Logistics
CJ Korea Express, KKR & Co, and XPO Logistics have been selected to make final bids for APL Logistics, the logistics unit of Singapore’s Neptune Orient Lines (NOL). Six offers were received in the first round of bidding; NOL has asked for final offers by next month. In a report by Bloomberg, a person with knowledge of the matter said NOL could sell the entire business for more than US$1 billion. Bain Capital Partners and CVC Capital Partners have been chosen to … [Read more...] about CJ Korea, KKR, XPO in bid for APL Logistics
IATA releases lithium battery guidance
The International Air Transport Association (IATA) announced the publication of the first edition of the Lithium Battery Risk Mitigation Guidance for Operators. This free online guidance material provides airline operators with critical information related to the safe handling and transport of lithium batteries by air. “Lithium batteries are safe to transport provided that they are designed, tested, manufactured and packaged in accordance with the global transport safety standards. … [Read more...] about IATA releases lithium battery guidance
ASL Aviation completes Farnair acquisition
ASL Aviation Group (ASL) has completed the acquisition of the Farnair Group in Switzerland. The acquisition increases the number of affiliate airlines in the Dublin, Ireland based ASL Aviation Group to seven and the number of aircraft owned and/or operated in the fleet to over 100. ASL can now avail of Air Operators Certificates (AOCs) in Europe, South Africa, South East Asia and India, enabling entry into new and growing markets. The chief executive of ASL Aviation Group Hugh Flynn … [Read more...] about ASL Aviation completes Farnair acquisition
Aer Lingus’ chief picked to head new MAS
Christoph Mueller, the CEO of Irish airline Aer Lingus, is named the new CEO of Malaysia Airlines (MAS) by Malaysian sovereign wealth fund Khazanah Nasional. The German aviation veteran will be appointed as CEO-designate from 1 January 2015 and nominated as non-executive director of the Board of MAS. Discussions are ongoing for Mueller to take full helm of Malaysia Airlines between March and May next year. He will be the first non-Malaysian to head the airline. “It is imperative … [Read more...] about Aer Lingus’ chief picked to head new MAS
Dentressangle appoints US manager for air and sea
Christophe brings with him a proven track record and almost 30 years of industry experience, with particular expertise in the French, US, Hong Kong and Chinese markets. He will be working to build on Norbert Dentressangle Air & Sea's expertise in the hi-tech, luxury and fashion goods, aerospace, chemicals and project cargo sectors, and to advance the company's position as a major player on the USA-Europe, USA-Far East and USA-South America trade lanes. Christophe Bigot says: "In the … [Read more...] about Dentressangle appoints US manager for air and sea
