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  Volume: XX, Issue No. 02 September 1-15, 2010  
     
 
 

CARGO & SHIPPING

 
FedEx expansion plans affirm commitment to Indian businesses
-A Monitor Report Stansted, London: FedEx has announced plans to strengthen the company's international and domestic services across India. FedEx Express, a subsidiary of FedEx Corp. and the world's largest express transportation company, has launched a new flight from Bengaluru establishing direct connections to Europe and the Middle East and the US With this, Bengaluru becomes the third Indian gateway for FedEx joining Delhi and Mumbai and enhancing FedEx customers' access to the glob. More...
First A330-200 freighter delivered to Etihad
-A Monitor Report Abu Dhabi : Etihad Airways has recently launched the first A330-200 freighter, flying it from Toulouse to its Abu Dhabi base after taking delivery from Airbus. The A330-200F, for which Etihad is the launch customer, received EASA Type Certification in April. Certification was achieved for a payload capability of 70 tonnes, 1 tonne more than originally expected. Etihad said its A330-200F can carry up to 64 tonnes and fly up to 4,598 mi. nonstop. The carrier said its Cry. More...
UPS all fired up in second quarter
-A Monitor Report New York : UPS international traffic increased 15 per cent "due to strong growth in all regions" with Asia up more than 40 per cent UPS increased its second quarter revenue by 13 per cent and its operating profit by 57 per cent to $1.4 billion. For the six months ending June 30, the integrator generated more than US$2.5 billion in free cash flow, paid dividends of US$910 million, invested $690 million in capital expenditures, repurchased approximately seven million shar. More...
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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