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UPS and SF Holding to establish joint venture

10:06am EDT

May 26 (Reuters) - UPS Canada ::UPS and SF Holding to establish joint venture.Through this agreement parties will leverage their complementary networks, service portfolios, technologies and logistics expertise.UPS Canada says ‍plans to establish a jv and collaborate to develop, provide international delivery services initially from china to u.s., with expansion plans.

Sinotrans says co and Sinoair entered into share transfer contracts

8:08am EDT

May 26 (Reuters) - Sinotrans Ltd <0598.HK>::Company and its subsidiary Sinoair entered into share transfer contracts with sinotrans & csc respectively.Company agreed to transfer its entire 1.667% shareholding in finance company to Sinotrans & CSC.Co to transfer its entire 1.667% shareholding in finance company to Sinotrans & CSC for a consideration of RMB 55.7 million.Sinoair to transfer its entire 0.833% shareholding in finance company to Sinotrans & CSC for a consideration of RMB 27.9 million.

Gke Corporation says Gas Aries has further renewed its chartering contract with Sinogas

Monday, 8 May 2017 05:16am EDT

May 8 (Reuters) - Gke Corporation Limited -:Chartering Contract.Gas aries has further renewed its chartering contract with sinogas.Deal for 83,000m3 liquefied gas carrier vessel at a fixed rate for a period of three (3) months, starting from 1 april.Fixed gross rate per day is not expected to have material impact on net earnings of group for current fy ending 31 may 2017.

ATSG posts Q1 earnings per share $0.13 from continuing operations

Wednesday, 3 May 2017 04:25pm EDT

May 3 (Reuters) - Air Transport Services Group Inc :ATSG posts strong first quarter revenue, earnings growth.Q1 adjusted earnings per share $0.17 from continuing operations excluding items.Q1 earnings per share $0.13 from continuing operations.Q1 revenue rose 34 percent to $237.9 million.Air Transport Services Group Inc - ATSG expects that its adjusted EBITDA from continuing operations for 2017 will be in excess of $260 million.Air Transport Services Group Inc - ATSG currently projects 2017 capital expenditures of approximately $355 million.

Eimskip secures financing on new container vessels

Friday, 28 Apr 2017 08:05am EDT

April 28 (Reuters) - EIMSKIPAFELAG ISLANDS HF :EIMSKIP HAS SECURED FAVORABLE FINANCING ON THE NEW CONTAINER VESSELS.LENDER IS GERMAN BANK KFW IPEX-BANK GMBH..ON JAN 25 , SIGNED A CONTRACT WITH CHINA SHIPBUILDING TRADING COMPANY LIMITED AND GUANGZHOU WENCHONG SHIPYARD CO. LTD. TO BUILD TWO CONTAINER VESSELS..

FedEx extends official sponsorship of National Football League

Wednesday, 26 Apr 2017 09:00am EDT

April 26 (Reuters) - FedEx Corp ::FedEx - extension of official sponsorship of national football league to remain exclusive "official delivery service sponsor" of NFL, Super Bowl, Pro Bowl.FedEx Corp - new agreement signals continuation of Fedex Air & Ground NFL players of week and players of year awards program.

PEMCO World Air Services secures agreement with Carrier Frontier Airlines

Monday, 17 Apr 2017 04:05pm EDT

April 17 (Reuters) - Air Transport Services Group Inc -:PEMCO World Air Services - has secured a 3-year maintenance agreement with u.s.-based carrier frontier airlines covering frontier's expanding fleet.Pemco World Air Services - maintenance services will be performed primarily at pemco's maintenance facilities at tampa international airport.

ATSG subsidiaries to convert two b737-400 aircraft for China-based airline

Tuesday, 11 Apr 2017 04:05pm EDT

Air Transport Services Group Inc : ATSG subsidiaries to convert two b737-400 aircraft for china-based airline . Air Transport Services Group - units acquired 2 Boeing 737-400 aircraft and will convert them to freighter configuration for lease to china-based okay airways . Air Transport Services Group Inc - ATSG West Leasing Limited has acquired and will lease aircraft to okay in late 2017 for terms of seven years .Air Transport Services Group - PEMCO World Air Services will convert 737-400s to freighters this summer at Pemco's facilities at Tampa international airport.

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