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AMR down US$1.4b for quarter

: Latest News; Friday, 18 July 2008

Record fuel costs have pushed US carrier American Airlines parent AMR Corporation to a net loss of US$1.4 billion for the second quarter of the year, compared to a net profit of US$317 million for the second quarter of 2007.

FedEx co-operating in two cartel investigations

: Latest News; Friday, 18 July 2008

FedEx says it’s co-operating with cartel investigations in Korea and the US and doesn't believe it has engaged in any such illegal activities.

US to stop oil speculation?

: Latest News; Friday, 18 July 2008

The US Senate is moving forward with legislation to crack down on oil speculators with the ‘Stop Excessive Speculation Act’, which is intended to limit the unrestrained speculation that contributes to rising fuel prices.

BRUFA calls for wider Network

: Latest News; Friday, 18 July 2008

Brunei Freight Forwarders Associations (BRUFA) has stressed the need for Brunei, East Malaysia and Kalimantan to be included in the so-called ‘Asian Highway Network’ as well as in the United Nations Economic and Social Commission for Asia and The Pacific (UNESCAP) future plan.

US expected to approve explosions legislation

: Latest News; Friday, 18 July 2008

US federal regulators are expected to adopt contentious and potentially costly rules to prevent fuel-tank explosions on commercial airliners, the Wall Street Journal says, citing government and industry officials.

US govt challenges itself on cargo screening

: Latest News; Friday, 18 July 2008

First it was the industry voicing objections, now US lawmakers are raising concerns about the US government’s Transportation Security Administration's ability to meet its own deadlines for screening air cargo carried on passenger aircraft.

CEVA restructure: Asia-Pacific pilot adopted for global operations

: Latest News; Friday, 18 July 2008

Contract logistics provider CEVA Logistics has announced a major restructure in management. Effective immediately, four regional presidents will be responsible for running the integrated businesses in Contract Logistics (CL) and Freight Management (FM).

Second freighter for CWB route

: Latest News; Thursday, 17 July 2008

Germany's Lufthansa Cargo is doubling its weekly (Saturday) freight run ex Frankfurt to the Brazilian metropolis of Curitiba (CWB) with an additional connection at 22.40 hours on Wednesdays to be operated by World Airways using a B747-400 freighter.

IATA slams environment taxes

: Latest News; Thursday, 17 July 2008

The International Air Transport Association (IATA) has called on governments to abandon punitive environmental taxes and instead support global environment solutions that will reduce aviation’s two per cent of global carbon emissions.