Air Freight & Courier Services

United Parcel Service Inc elected David P. Abney as Chief Executive Officer and Chairman; declares dividend

United Parcel Service Inc:Unanimously elected David P. Abney, UPS Chief Executive Officer, as Chairman of the Board, effective immediately.Abney succeeds Scott Davis as Chairman, who will retire from his position on the UPS Board effective as of the 2016 Annual Meeting of Shareowners.Declared a...

Wednesday, 10 Feb 2016 04:15pm EST

Kintetsu World Express lowers consolidated full-year outlook for FY 2016

Kintetsu World Express inc:Says the company lowered the consolidated full-year outlook for revenue to 420,000 mln yen from 450,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 15,000 mln yen from 18,000 mln yen.Confirms the ordinary profit...

Monday, 8 Feb 2016 01:00am EST

Lagardere Travel Retail sells press distribution businesses in Belgium to bpost

Lagardere SCA:Lagardere Travel Retail sells its press distribution businesses in Belgium.‍Announces it has signed an agreement to sell its Belgium distribution subsidiary to Bpost group​.‍Businesses covered by this divestment project generated consolidated revenues of about 440 million euros in...

Friday, 5 Feb 2016 02:00am EST

TNT Express ‍Signs conditional sale agreement with ASL Aviation Group

TNT Express NV:‍Signs conditional sale agreement with ASL Aviation Group for airline operations.Agreement to sell its airline operations TNT Airways and Pan Air Lineas Aereas to ASL Aviation Group, conditional on the completion of FedEx’s intended acquisition of TNT, which is expected in the first...

Thursday, 4 Feb 2016 07:00pm EST

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