Hints and tips:
...Chief among them: the airline’s long-standing credit card deal with American Express....
...“From a shipper perspective, you get more competition between any two given ports.”...
...CULines last week announced that it was starting a Red Sea Express service linking Jeddah in Saudi Arabia with a series of Chinese ports....
...In European countries experiencing recessions, demand for express services fell....
...FedEx’s cost-cutting plan aims to fix this by combining its two Express and Ground delivery networks. But the UPS contract will make it harder for FedEx to retain staff while keeping a lid on wages....
...But Apollo’s DIP financing proposal fell through after Yellow’s lawyers last Friday told a federal bankruptcy judge in Delaware that two other parties — MFN Partners, a Boston-based hedge fund, and Estes Express...
...The Teamsters have also launched a campaign to organise workers at Amazon and are actively renegotiating contracts with shipper Yellow Corp and the American Red Cross....
...Just 41 per cent of Didi rides were fully compliant in July, while Piggy Express stood at only 24 per cent, according to data from the transport department....
...Good morning and welcome to Europe Express....
...They and American Express are looking at enforcing similar restrictions. In logistics news, shipping lines CMA CGM, MSC and Maersk all halted bookings going to and from Russia last week....
...A version of this article was first published by Nikkei Asia on April 26 2022. ©2022 Nikkei Inc. All rights reserved....
...Ocean Network Express, Japan’s main international container shipping company, has benefited most. Cargo backlogs in Singapore and Shanghai have pushed up demand....
...The same year as the merger, Beijing passed a national defence transport law that brought China’s transport sector and military closer together....
...Covid-19 vaccines that need to be deep frozen during transport can be delivered to developing nations in sub-Saharan Africa, South America and South Asia, according to logistics group DHL....
...Created to match shippers with truck drivers, it uses the same tech that the rides business relies on to set prices and match drivers with customers....
...FedEx’s problems can be traced back to its $4.8bn acquisition of Dutch shipping company TNT Express in 2016. Five years on, it has still not fully integrated the business into its operations....
...FedEx delivered 97.1 per cent of its express packages on time between December 5 up to December 11 while UPS had 99.3 per cent and US Postal Service stood at 98.5 per cent, according to ShipMatrix data....
...It is the time we might see some improvement, says John Pearson, chief executive of DHL Express....
...And transport group National Express said that it had fully hedged fuel costs through 2022 and into 2023, and had agreed wage settlements across its business meaning it had experienced “no material impact...
...While it is undergoing the CAC probe, Didi is pinning its expansion hopes on Piggy Express, a cheaper service launched in March 2020 targeting younger users in smaller cities that was not removed from Chinese...
Heads of big carriers predict cash burn will slow with more passengers willing to venture out
...China’s tech giants test way around Apple’s new privacy rules https://www.ft.com/content/520ccdae-202f-45f9-a516-5cbe08361c34 US airline chiefs express optimism after busy spring travel weekend https:...
...Rolf Habben Jansen Chief Executive, Hapag-Lloyd Randy Chen Vice-Chairman, Wan Hai Lines Cheng-Mount Cheng Chairman, Yang Ming Marine Transport Corp Matthew J Cox Chairman & Chief Executive, Matson Inc Thomas...
...After Delta creates the SkyMiles subsidiary, two-thirds of its revenue will come from American Express and other third parties....
...Delta told investors last year that it expected to double revenue from American Express by 2023 to almost $7bn....
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