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DHL targets e-commerce with ‘virtual delivery network’ service

Responding to demand for faster, more personalized service from customers, DHL has launched DHL Parcel Metro in the U.S., which the express company says is a fast and flexible service for online retailers that meet consumers’ increasing demand for same-day and next-day delivery. “E-tailers today recognize more and more that the

Virgin Atlantic doubles London-Johannesburg service

Virgin Atlantic will add a second daily service between London and Johannesburg in October, in hopes that 2017’s increased volume, which was experienced across the industry will be a continuing trend. The route addresses increased demand in both directions. The second daily frequency will be operated by a 787-9 aircraft,

Deutsche Post’s DHL expands U.S. delivery service to take on FedEx, UPS

Seattle (Reuters) - Deutsche Post AG’s DHL is launching a U.S. urban delivery service for online retailers that it has been testing in some cities, according to company officials and marketing materials seen by Reuters. The rollout of its Parcel Metro service will put DHL in direct competition with dominant players

Panalpina profits soar on record airfreight volumes

The Swiss-based freight forwarder reported net earnings of 57.5 million Swiss francs (U.S. $60.6 million) on CHF 5.53 billion in net forwarding revenues during 2017, year-over-year increases of 9.9 percent and 6.5 percent, respectively. Panalpina saw its consolidated profits jump 9.9 percent to 57.5 million Swiss francs (U.S. $60.6 million) during

Med-View Airline Records 62% Profit Growth, to Pay Second Dividend

Med-View Airline Plc, the only airline listed on the Nigerian Stock Exchange (NSE),  is set to pay shareholders second dividend since becoming quoted on the exchange.  This follows the company’s improved performance for the year ended December 31, 2017. According to the audited results of the company released last week, revenue grew by 41