The Boeing Company confirmed a previously unidentified Air Saharaorder for 10 Next-Generation 737-800 airplanes. Air Sahara placed the order in the first quarter of 2006 and was listed in the unidentified category on Boeing’s Orders and Deliveries web site. Valued at more than $700 million at list prices, deliveries are scheduled to begin in mid […]
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Daily Archives: July 10, 2012
TNT confirms position on net proceeds at completion from sale of logistics activities
In reaction to press coverage, TNT confirms the expected net proceeds of the announced sale of its logistics activities to lie between € 1.2 billion and € 1.3 billion at completion. A further description on the basis of what has been stated and explained on announcement is summarised below: The transaction value of the sale […]
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FedEx Completes Acquisition of Watkins Motor Lines
Addition of Long-Haul Less-Than-Truckload (LTL) Units Expands Heavyweight Service Portfolio for Customers FedEx completes acquisition of the LTL operations of Watkins Motor Lines and certain affiliates creating FedEx National LTL and FedEx Freight Canada. FedEx Corp. announced it has completed the $780 million cash purchase of the LTL operations of Watkins Motor Lines and certain […]
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Railinc Successfully Completes SAS 70 Type II Examination
Third-Party Assurances Help Customers Meet Sarbanes-Oxley and Other Regulatory Requirements For the third consecutive year Railinc successfully completed a Statement on Auditing Standards (SAS) 70 Type II examination. More stringent than a Type I examination, the Type II exam includes detailed testing of Railinc internal controls to demonstrate that they are suitably designed and operating […]
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Sphinx Egypt sits well within Worldwide Project Consortium
The Worldwide Project Consortium has welcomed Sphinx Egypt Ltd. Co to its specialist global logistics network. WWPC General Manager, Kevin Stephens, based in Queensland, Australia, said today (December 11, 2006) Sphinx Egypt, with offices in Cairo and Alexandria, had more than 20 year’s experience delivering outstanding service along the important transport artery between Egypt and […]
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