UPS Freight reduces transit times on nearly 1,000 traffic lanes

UPS Freight, the trucking division of United Parcel Service, has reduced transit times on nearly 1,000 traffic lanes originating in metropolitan areas in the southwest and southeast to points across the US.
13 May 2008  3:36pm
TODAY'S NEWS

Bristow Group names new vice president of global business development

Bristow Group, a provider of helicopter services to the offshore energy industry, has announced that Meera Sikka will join the company as vice president of global business development, effective June 1, 2008.
13 May 2008  3:35pm

ABX Q1 net earnings down

ABX, a provider of air cargo transportation and related services, has reported that its net earnings for the first quarter of 208 was $3.8 million, or $0.06 per common share, compared to net earnings of $4.3 million or $0.07 per share in the first quarter of 2007.
13 May 2008  3:33pm

NYK Logistics secures distribution contract from Pure Digital

NYK Logistics won a three-year contract to handle the UK distribution operation for Pure Digital's range of DAB radios.
13 May 2008  3:31pm

LAN Airlines April system passenger traffic up

LAN Airlines has reported that its system passenger traffic for April 2008 increased 7.8% as capacity rose 6.2%.
13 May 2008  3:28pm

ExpressJet posts 742 million RPMs under contract flying in April

ExpressJet has reported that its revenue passenger miles under contract flying totaled 742 million, and available seat miles flown were 942 million in April 2008.
13 May 2008  2:47pm

Hawaiian Airlines April passenger traffic up

Hawaiian Airlines has reported that its passenger traffic in April 2008 increased 4.7% to 684.75 million revenue passenger miles from 653.72 million revenue passenger miles in April 2007.
13 May 2008  1:54pm

LAN Cargo plans to create new cargo airline subsidiary in Colombia

LAN Cargo, a subsidiary of LAN Airlines, has presented a formal proposal to the Colombian aviation authorities, for the creation of a new cargo airline in Colombia.
13 May 2008  1:43pm

Boeing and El Al Israel Airlines finalize order for four 777-200ERs

Boeing and El Al Israel Airlines have completed an order for four 777-200ERs jetliners, valued at $850 million at list prices.
13 May 2008  1:37pm

General Maritime to acquire two double hull aframax vessels

General Maritime, a provider of seaborne crude oil transportation services, has entered into an agreement to acquire two 2002-built double hull aframax vessels from Euronav or its affiliates for an aggregate purchase price of $137 million.
13 May 2008  1:34pm

Genco Shipping to acquire three drybulk vessels

Genco Shipping & Trading has agreed to acquire three 2007-built drybulk vessels from Bocimar International and Delphis, for an aggregate purchase price of approximately $257 million.
13 May 2008  1:30pm

Frontier Airlines launches new service to Fargo

Frontier Airlines has launched a new low-cost service to Fargo, North Dakota. The new services is the fifth of seven new regional markets it announced in February 2008, all of which are shorter-haul markets.
13 May 2008  1:25pm
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