Former Airbus UK President Paul Kahn is set to be appointed to a top sector position at Cobham Plc, helping Chief Executive David Lockwood lead a turnaround of the struggling British defence supplier, two industry sources said.
Former Airbus UK president Paul Kahn is set to be appointed to a top sector position at Cobham Plc, helping Chief Executive David Lockwood engineer a turnaround of the struggling British defence supplier, two industry sources said.
Package delivery company FedEx Corp said on Wednesday its expects to incur roughly $350 million in integration costs related to its acquisition of Netherlands-based TNT Express during 2018, some $75 million higher than previous estimates.
Package delivery company FedEx Corp said on Wednesday a June cyber attack on its Dutch unit will continue to hurt revenue through its second fiscal quarter and fiscal full-year 2018 and force bigger investments in information technology.
Shares of Best Inc, a Chinese logistics firm backed by Alibaba Group Holding Ltd, jumped in their market debut on Wednesday, a day after the company slashed its expected pricing range to stoke investor interest.
U.S. package delivery company United Parcel Service Inc said on Wednesday it expected to hire about 95,000 seasonal employees for the upcoming, crucial peak holiday season.
Shares of Best Inc, a Chinese logistics firm backed by Alibaba Group Holding Ltd, rose 15 percent in market debut on Wednesday, a day after the company slashed its expected price range to stoke investor demand.
Package delivery company United Parcel Service Inc said it expected to hire about 95,000 seasonal employees for its crucial peak holiday season for the fourth straight year.
A consortium led by Poh Tiong Choon Logistics' chief executive is offering to take over the Singapore-listed firm in a deal that values it at about S$276 million ($205 million), the latest in a trend of management-led buyouts in the city-state.
Package delivery company FedEx Corp said on Tuesday a June cyber attack on its Dutch unit slashed $300 million from its quarterly profit, and the company lowered its full-year earnings forecast.
Republicans moved to turn the FBI's search of former President Donald Trump's Mar-a-Lago estate into a campaign issue on Tuesday, vowing to probe what they alleged was political interference at the Justice Department if they win majorities in Congress in November.