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Yahoo! Finance: Air Delivery & Freight Services Industry News Mon, 26 May 2008 19:55:42 Etc/GMT

Franchisees: UPS Needs A Better Return Policy (at Forbes.com)
UPS Must Face Trial in Fight With Its 'Mom & Pop' Franchisees (PR Newswire) A decision by the California Appellate Court here Friday reversed the 2007 decision by a Los Angeles Superior Court that had granted motions by United Parcel Service and Mail Boxes Etc., Inc. for summary judgments against its franchisees.
Alpine Air Express Coordinates with the FAA (Business Wire) PROVO, Utah----Alpine Air Express Inc. is following standard procedures in coordinating with the Federal Aviation Administration and the National Transportation and Safety Board following the loss of one of its Beech aircraft.
[video] Delivering Help (at CNBC)
CH Robinson senior vice president exercises options (AP) A senior vice president of CH Robinson Worldwide Inc., a provider of freight transportation services, exercised options for 7,156 shares of common stock, according to a Securities and Exchange Commission filing.
FedEx: Trouble in Memphis (at Seeking Alpha)
Tim Brown: Pack a Punch With FedEx (at TheStreet.com)
Heart to Heart, FedEx Set to Deliver First Private Airlift to China (Business Wire) KANSAS CITY, Mo.----Heart to Heart International Inc. and FedEx Express, a subsidiary of FedEx Corp. , will deliver the first private airlift of relief supplies to China following a massive earthquake in Sichuan Province.
Daily Briefing: Bemis nominated to TVA board (at Commercial Appeal)
NuState Energy Subsidiary Rentar Logic Agrees With Driver's Alert to Cross-Market to Over 10,000 Customers (PR Newswire) Rentar Logic, Inc., a NuState Energy Holdings, Inc. subsidiary, the only company in the world that combines the Rentar Fuel Catalyst, a pre-combustion fuel technology with 26 domestic and international patents, and proprietary software to reduce fuel consumption and harmful emissions, announced that it will sell Driver's Alert's vehicle monitoring and online, driver safety education program to reduce serious accidents.
Janel World Trade to Acquire Customs Operations Book of Business From Ferrara International Logistics, Inc. (PR Newswire) Janel World Trade, Ltd. , a full-service global provider of integrated logistics services, today announced that it has entered into a definitive agreement to acquire the customs operations "book of business" of Ferrara International Logistics, Inc. of Elizabeth, New Jersey.
UPS Vulnerable to Surging Fuel Prices (at Seeking Alpha)
[$$] UPS Enlarges Footprint in China (at The Wall Street Journal Online)
Air T, Inc. Announces Annual Cash Dividend (PR Newswire) Air T, Inc. today announced Board of Director approval for payment of a $0.30 per share fiscal 2008 annual cash dividend, to be paid on June 27, 2008 to shareholders of record June 6, 2008.
UTi Worldwide to Host Fiscal 2009 First Quarter Conference Call on Thursday, June 5 (PrimeNewswire)
UPS to build new intra-Asia air hub in China (at bizjournals.com)
UPS to move Asian hub to China to cut transit time (AP) United Parcel Service Inc. said Wednesday it will move its intra-Asia air hub to Shenzhen, China from the Philippines in an effort reduce transit times across the region.
UPS Chooses Shenzhen for New Intra-Asia Air Hub (Business Wire) SHENZHEN, China----UPS is moving its intra-Asia air hub from the Philippines to Shenzhen in China's thriving Pearl River Delta to improve customer service by reducing transit times across Asia.
Expeditors Int'l EVP exercises options (AP) The executive vice president for North America at logistics provider Expeditors International of Washington Inc. exercised options for 36,000 shares of common stock, according to a Securities and Exchange Commission filing Monday.
UPS pledges donation to equine-related charity (AP)

Yahoo! Finance: Shipping Industry News Mon, 26 May 2008 22:45:42 Etc/GMT

Dry Bulk Shippers: Don't Jump (at Forbes.com)
Double Hull Tankers Inc. Q1 2008 Earnings Call Transcript (at Seeking Alpha)
[video] China Watch: Shipping Stocks 101 (at TheStreet.com)
Dryship's Transformational CEO (at Seeking Alpha)
Ship Finance: A Fine Q1 with Good News for the Future (at Seeking Alpha)
Dry Bulk Shipping Drive Inflation (at Forbes.com)
Euroseas Ltd. Announces Date for the Release of First Quarter 2008 Results, Conference Call and Webcast (Marketwire) Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today it will release its first quarter results for the period ended March 31, 2008, on Wednesday, May 28, 2008, after the market close in New York.
[video] China Watch: Shipping-Stock Playbook (at TheStreet.com)
Three Reasons to Bet on the Shipping Sector (at TheStreet.com)
Horizon cancels hike in fuel surcharge (at bizjournals.com)
Star Bulk Announces Date for the Release of First Quarter 2008 Results, Conference Call and Webcast (Marketwire) Star Bulk Carriers Corp. announced today that it will release its results for the first quarter ending March 31, 2008, after the market closes in New York on Wednesday, June 04, 2008, after 4:00 p.m.
Navios Maritime Holdings Inc. Announces the Date for Release of First Quarter 2008 Financial Results (PR Newswire) Navios Maritime Holdings Inc. will report earnings for the first quarter of 2008 prior to the open of the market on Thursday, May 29, 2008.
Tim Brown: Pack a Punch With FedEx (at TheStreet.com)
[video] China Watch: How to Play Shipping Stocks (at TheStreet.com)
DryShips: a Potential Deep Sea Oil Driller? (at Seeking Alpha)
If You Sold in May, You're Scrambling Today (at TheStreet.com)
Horizon cancels fuel surcharge hike (at bizjournals.com)
Ain't No Stopping The Globe (at CNBC)
Star Bulk Carriers buys vessel for $68.8 million (AP) Greek drybulk shipper Star Bulk Carriers Corp. said Thursday it bought a 2005-built Supramax carrier for $68.8 million, bringing its fleet to 12 vessels.
Frontline Ltd. Q1 2008 Earnings Call Transcript (at Seeking Alpha)

Air Courier News

Cargo plane from Ypsilanti-based carrier crashes at Brussels airport
A large cargo plane from an Ypsilanti Township-based carrier crashed and broke apart close to a row of houses while trying to abort a takeoff Sunday at Brussels airport, authorities said.
Tennessee-based FedEx, Heart to Heart to deliver private airlift to China
FedEx Express says it has teamed with the humanitarian group Heart to Heart International Inc.
RP asks UPS to stay on after Asia hub moves to China
The Philippine government will ask United Parcel Service to retain some operations in the country after the US logistics giant announced it was relocating to southern China, President Arroyo's spokeswoman said ...
UPS says moving Asia hub from RP to China
US logistics firm United Parcel Service said Wednesday it is moving to a new Asia air operations centre in Shenzhen, China by 2010 and would scale back its current regional hub in the Philippines.
Attempting to aid Myanmar cyclone victims
Prom: Despite some cuts, students still going all out for big dance During these trying economic times, some prom-goers are saving money by taking mom or dad's car to the big dance.
Watchlist for May 12, 2008
By Michael on May 12, 2008 in Watchlists I'm surprised there's not a decent sized drag on the futures this mornings due to FedEx and their sneaky, late Friday warning. via Trader Mike
UPS Foundation Supports China Disaster Relief Effort
"I would like to thank the UPS Foundation, and the entire UPS family, for their longstanding support."

ATLANTA, GA - May 15, 2008 - UPS is contributing more than US$1 million in cash and in-kind support to the earthquake relief efforts in China through its charitable arm, The UPS Foundation. via CSRwire.com
UPS Going From Brown To Green [Alternative Energy]
"UPS has been utilizing alternative fuel vehicles for more than 70 years and is clearly the industry leader in hybrid electric and CNG vehicle purchases"

UPS, the company known for offering it services under the color brown, is now taking a green route by adding a whole bunch of alternative energy vehicles to its fleet. via Jalopnik
Brian D. Philips named FedEx Kinko's CEO
FedEx Corp. has named Brian D. Philips president and chief executive of FedEx Kinko's, the parent shipping company's office and print services division. via KLTV Tyler
Alcon raises $550 million in funds
"Making the right financial decisions is the key to longevity in Hollywood"

'The Sisterhood of the Traveling Pants 2' is one of 15 Alcon pics WB will distribute under the new deal. via Variety.com