UPS has announced the appointment of Nando Cesarone as president for the UPS Europe Region, Ross McCullough as president for the UPS Asia Pacific Region and Cindy Miller as president of UPS Global Freight Forwarding. “Nando and Ross have honed their leadership skills with a broad range of assignments around the world and I know they will make a significant impact as presidents of the Asia Pacific and Europe Regions,” said Jim Barber, president, UPS International. “Like many of our … [Read more...] about UPS appoints new region and business unit presidents
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DHL to pay $53m to settle price-fixing suit
DHL Express (USA) has agreed to pay US$53 million to resolve an antitrust class action accusing the express company and others of participating in an international price-fixing scheme, according to documents filed this week in New York federal court. If approved, the settlement would allow DHL to exit the long-running litigation filed in 2008. As part of the deal, DHL has agreed to aid the plaintiff’s claims against the lone remaining defendant, Hellmann Worldwide Logistics Inc., although a … [Read more...] about DHL to pay $53m to settle price-fixing suit
No EU antitrust objections to €4.4 billion FedEx, TNT merger
European Union antitrust regulators have found no objections to FedEx's €4.4 billion (US$5 billion) acquisition of TNT Express, the two companies said on Tuesday. "FedEx and TNT have been informed by the European Commission that no Statement of Objections will be issued. FedEx and TNT continue to expect that the Offer will close in the first half of calendar year 2016,” the companies said in a joint statement. With a European market share of 17 per cent, the combined company would be Europe's … [Read more...] about No EU antitrust objections to €4.4 billion FedEx, TNT merger
UPS expands services to 13 more cities in China
UPS has expanded its presence in 13 additional cities – in Jiangsu, Shandong, Zhejiang, Guangdong provinces, and in Chongqing Municipality – as part of its long term growth strategy in China. UPS said it has enhanced its services by improving transit times, extending cut-off times to tender shipments and deploying UPS knowledge and expertise. Customers in these cities will now have direct access to UPS's full portfolio of services, innovative technology solutions, first-in-class global … [Read more...] about UPS expands services to 13 more cities in China
Qatar breaches cargo Top 10, SIA and China Eastern slip
In 2014 airlines operated some 100,000 flights per day and transported 51.3 million tonnes of cargo, equivalent to around 35 per cent of the total value of all goods traded internationally, according to figures released on 16 September by the International Air Transport Association (IATA) in its 59th annual World Air Transport Statistics (WATS) report. Globally, cargo markets in 2014 saw a 5.8 per cent expansion in freight tonne kilometres (FTKs), outstripping a capacity increase of 5.0 per … [Read more...] about Qatar breaches cargo Top 10, SIA and China Eastern slip
UPS, FedEx not changing course on hunting trophies
The shipment of big game hunting trophies is still acceptable to UPS and FedEx with a UPS spokeswoman telling The Washington Post that the global shipping giant follows US and international laws, not public opinion, in determining what it will and won’t ship. “There are many items shipped in international commerce that may spark controversy,” UPS public relations director Susan Rosenberg wrote in an e-mail reply to The Post. “The views on what is appropriate for shipment are as varied as the … [Read more...] about UPS, FedEx not changing course on hunting trophies
