The International Air Cargo Association and the International Civil Aviation Organization have agreed to enhance their partnership, a move that follows ICAO Secretary General Raymond Benjamin’s participation in TIACA’s recent Air Cargo Forum. In addition to cooperating on airfreight security and environmental sustainability, the organizations will work together to strengthen supply chains. read more
Air Cargo World News
Oct
23
UPS sees Q3 profit declines
Posted under Air Cargo World News
Charges related to UPS’ restructured pension plan caused the integrator’s net income to plunge 56.3 percent, year-over-year, to $469 million in the third quarter of 2012. Revenue, however, only dropped slightly during the three-month period that ended September 30, falling from $13.17 billion to $13.07 billion, year-over-year. read more
Oct
19
In an effort to make freight forwarder IJS Global “leaner and meaner,” the mid-sized company underwent a restructuring last year, modifying its Asian network and moving its headquarters from Stamford, Conn., to Amsterdam. Moving forward, Chief Commercial Officer Rene de Koning told Air Cargo World that IJS Global is eying China for growth. read more
