FedEx and TNT deal on track but clearance could take a year

TNT Express has provided an update on its planned $4.8bn takeover by FedEx, stating that the two companies are making timely progress on preparations for the offer but reiterated that it could take a year to gain regulatory clearance. TNT said that FedEx expects to submit a request for review and approval of its offer document with Dutch financial service regulator...

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Hong Kong will be a three-runway airport by 2023

Hong Kong's government has approved a third runway for the city’s international airport. Expected to open by 2023, it will help the island maintain its status as the world’s busiest air cargo hub and help Hong Kong maintain its position against other Asian rivals in China and Singapore. The HK$141.5bn (US$18.2bn) scheme will be funded from internal funds, borrowings and user fees, including a HK$180 (US$23.20) additional passenger fee. The new runway would be to the north of the airport...

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Kale breaks into Iraq Market

Iraqi ground-handler Azmar Air has gone live with Kale’s Galaxy International air cargo management system. Azmar, based at Sulaymaniyah International Airport in the Kurdish-controlled region of northern Iraq will use the system for e-freight compliance, warehouse management and vehicle management, and it will be able to offer real-time updates to customers’ trade partners and EDI messaging, says Indian-based Kale. It added that Galaxy is already in use by handlers including...

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Paper-less air cargo supply chain facility introduced at Bengaluru airport

Air India SATS Airport Services Pvt Ltd (AISATS), a 50:50 joint venture between Air India Limited and SATS Limited, a gateway services and food solutions provider in Asia, has introduced an e-freight initiative at its Bengaluru Airfreight Terminal facility. With this launch, AISATS BLR has taken a step towards IATAs e-freight initiative, building a paper-free air cargo supply chain and replacing it with cheaper, accurate and reliable electronic messaging, AISATS said in a statement. To facilitate...

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