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UPS introduces loan program

: Latest News; Thursday, 11 September 2008

US-based shipper United Parcel Service’s subsidiary UPS Capital has launched a loan program that allows importers with annual revenues of up to US$50m to use their in-transit UPS shipments as collateral, eliminating the need for letters of credit or using cash flow with upfront payments to finance transactions.

Carry-on bags scanned for explosive components

: Latest News; Thursday, 11 September 2008

The UK’s Department of Transport says the current restrictive rules on passengers carrying liquids aboard airlines could be in place for up to five more years.

More alternatives to DHL-UPS pact

: Latest News; Thursday, 11 September 2008

The Ohio, USA lieutenant governor Lee Fisher has put forward two possible solutions that he says could save the jobs at Wilmington Air Park that are at risk if DHL goes ahead with a plan to transfer US freight carriage to United Parcel Service (UPS).

SAS cargo appoints InterGlobe

: Latest News; Thursday, 11 September 2008

Scandinavian carrier SAS Cargo has opened a new three-times-a-week route between Scandinavia and India using A340/330s and has appointed Delhi-based InterGlobe as general sales agent.

DHL adds to HK hub

: Latest News; Thursday, 11 September 2008

Deutsche Post World Net subsidiary DHL has conducted a ground-breaking ceremony celebrating expansion to its hub at Hong Kong International Airport.

Alitalia update – one union in

: Latest News; Thursday, 11 September 2008

One of the Italian unions involved in the latest round of crisis talks to refloat Italian carrier Alitalia has backed the rescue plan, but other unions have not.

Lan Cargo traffic up

: Latest News; Thursday, 11 September 2008

South America’s Lan Cargo says traffic has increased 14.2 per cent as capacity rose 15.4 per cent, leading to a slight drop in load factor by 0.7 points to 72.0 per cent, noticeable mainly on regional routes. Cargo traffic increased mainly as a result of the continued strength of imports, especially to Brazil, it said. -Jack Handley

Costs force Cargolux to cancel Melbourne freighter

: Latest News; Thursday, 11 September 2008

Cargolux is suspending one of its two rotation weekly freighter flights into Melbourne, because of declining yields and high fuel costs.

Lufthansa acts ahead of US screening

: Latest News; Wednesday, 10 September 2008

Germany’s Lufthansa Cargo is expanding its security measures in the USA and already has transformed its bases in Chicago and Los Angeles into “Security Hubs” by installing physical access barriers, video surveillance, explosive detection equipment, biometric checks and security guard patrols.