Royal Mail cut in domestic air freight services a blow to contract freighter operator
A decision by UK postal service Royal Mail to remove five 737 freighters from service ...
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
It looks as if track and trace has not worked quite as it should for IAG and the US Postal Service (USPS). IAG carriers British Airways and Iberia have found themselves in hot water for allegedly falsely reporting the time they delivered USPS mail. USPS contracted IAG to collect mail from six locations in the US, or US government departments abroad, and deliver it internationally. Once USPS received the electronic scans showing delivery times, IAG would get paid. The airlines have agreed to pay $5.8m, in a settlement which resolves the allegations and implies no liability, reports CH Aviation.
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