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Contents Singapore Airlines Q2 profit down 54%
Singapore Airlines second-quarter net profit slumped 54 percent as global economic uncertainties kept demand weak amid persistently high jet-fuel costs, reported Dow Jones Newswires. Net profit for the three months ended September 30 fell to US$73.
Air freight traffic growth continues to slow
Air freight demand rose 0.6 percent compared to September 2011 but declined 0.6 percent month-on-month, eroding the small gains seen in August, according to the International Air Transport Association.
Box ships seek alternate ports
Sandy-related troubles at the Port of New York and New Jersey are forcing carriers to divert their ships to other ports, disrupting the supply flow for retailers and manufacturers already hurting in the storm's aftermath, reported The Wall Street
Storm-hit US supply chain threatens sales
The economic effects of hurricane Sandy are reverberating beyond areas hit by the storm as businesses warn customers of delays, try to get merchandise out of closed ports and face cancelled orders.
DHL begins delivery of Beaujolais Nouveau
DHL Global Forwarding in Japan has begun the delivery of Beaujolais Nouveau from France, its country of origin, to Narita International Airport and Kansai International Airport in Japan, for its release on November 15 this year.
YRC swings to Q3 profit on lower costs
YRC Worldwide swung to a small third-quarter profit as the trucking company's operating expenses declined, offsetting lower revenue, reported Dow Jones Newswires.
Auckland Airport appoints new CEO
New Zealand's biggest airport, Auckland International Airport, has appointed Adrian Littlewood as its new chief executive, reported Reuters.
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