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He's stared down the Russians and Vietnamese during face-to-face market-opening negotiations. Now, Bruce Carlton faces the comparatively easy challenge of steering NITL through some rough economic seas.
The decision by DHL Express to pull out of the U.S. domestic express delivery market is likely to lead to higher rates for U.S. delivery services, as the low-priced competitor departs from the world's largest market, analysts say.
Hewlett-Packard Co. reportedly is shifting some of its intercontinental shipments from air freight to ocean to mitigate the impact of jet fuel prices and the generally higher costs of moving goods by air.
When American Airlines Cargo recently shipped the personal effects of a renowned—and long dead—monarch, the airline gave every item in the consignment the royal treatment.
In July, a crew from the U.S. Air Force's 326th Airlift Squadron delivered a shipment that was unusual even by their standards: two giant squids destined for display in the Smithsonian Museum of Natural History in Washington, D.C.
Soaring fuel costs and security restrictions have pushed the air-cargo industry into retrenchment mode. Still, predictions of catastrophe seem premature.
We all realize that the world's supply of fossil fuels is finite and that we must wean ourselves off those fuels. But it will take time to kick the habit.