United names Ireland Senior VP of Finance
United Airlines today named Jonathan Ireland senior vice president of finance, overseeing the carrier's $40 billion operating cost structure and $5 billion capital budget, managing…
Hong Kong’s mad rush to book flights jams airline websites
Cathay Pacific Airways Ltd.’s website and that of its low-cost unit buckled under a rush of flight searches Friday as the Hong Kong government announced…
DB Schenker on track for growth: New cross-dock terminal near Ulm, Germany
• DB Schenker strengthens its land transport network in the heart of Europe • 40,000 sqm of handling area: doubling and optimizing loading processes •…
FedEx slides on skepticism over new CEO’s cost-cutting plan
FedEx Corp. declined after the new CEO’s plan to cut costs and raise shipping rates fell flat with Wall Street, leaving investors concerned about deep…
China is poised to export a lot more fuel to an energy-starved world
China is poised to export a lot more fuel as Beijing strives to boost its economy by raising refinery runs amid flagging local consumption.
Boeing to pay $200 million to settle SEC probe over 737 Max
Boeing Co. agreed to pay $200 million to settle Securities and Exchange Commission allegations that the company and its former Chief Executive Officer Dennis Muilenburg…
South Korea to cut energy imports to ease record trade deficit
South Korea is rushing to find ways to reduce expensive energy imports after surging fuel costs and a weakening won pushed the country’s trade deficit…
Airbus clings to jet delivery goals amid supplier crisis
Airbus SE Chief Executive Officer Guillaume Faury reaffirmed the company’s production targets even as supply-chain constraints limit its ability to deliver jetliners on schedule.
Rail strikes proliferate as third UK union plans October action
A third UK rail union announced strike dates for early October, with the period set to bring the worst disruption so far in months of…
Nigeria pins hopes on deep sea port to end cargo congestion
Nigeria is betting a deep sea port set to open early next year will help revive an economy grappling with soaring inflation, stagnating growth and…
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