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- Edition: 1372
Headlines
Contents Philippines Airlines swings back to profit in Q1
Philippines Airlines (PAL) swung to a net profit of US$9.8 million in its first quarter ended June 30 from a net loss of $9.
AMR accuses pilots of trying to delay deal
As American Airlines prepares for a second push to impose new labour terms on its pilots union, it is accusing the pilots of trying to "punish" it by stretching out a battle that has already been raging for months, reported Dow Jones Newswires.
Top box maker sees
profit plunge 67%
China International Marine Containers (CIMC), the world's largest maker of containers by output, saw its first-half net profit fall 67 percent because of weak demand for containers in a slowing global economy.
Toll earnings dive after writedown
Australian logistics company Toll Holdings reported a 77 percent slide in annual profit after it wrote down the value of a Japanese freight business hit by last year's devastating earthquake and tsunami, reported Dow Jones Newswires.
EU resumes probe of TNT-UPS deal
The European Commission has resumed its in-depth takeover probe of the proposed acquisition of Dutch package delivery company TNT Express NV by its US rival United Parcel Service (UPS), reported Dow Jones Newswires.
DHL expands direct India LCL service
DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, continues to expand its global network of its direct Less than Container Load (LCL) service with the recent launch of two new services connecting India with Sweden for
DHL equips couriers with latest technology
Logistics company DHL has equipped its fleet of couriers in the Central Africa and Indian Ocean (CENIO) region with direct communication headsets for motorcycles, reported All Africa.
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