I-Bytes Transportation and Travel Industry

Transportation & Travel
September Edition
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1. Financial Updates.....................................................1
2.Solutions Updates......................................................7
3.Rewards and Recognition Updates..........................8
4.Customer Success Updates......................................12
5. Partnership Ecosystem Updates............................14
6. Miscellaneous Updates...........................................32
Table of Contents

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Financial, M&A Updates from
Transportation & Travel Industry

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1
Executive Commentary
UPS Invests In Autonomous Trucking Company,
Tests Self-Driving Tractor Trailers
UPS said its venture capital arm, UPS Ventures, has made a minority
investment in autonomous driving company TuSimple. Together, both
companies are testing self-driving tractor trailers on a route in Arizona to
determine whether the vehicles can improve service and efficiency in the UPS®
network. This is an extension of the ongoing commercial relationship between
UPS and TuSimple in which UPS has purchased transportation services from
TuSimple. The work with autonomous driving company TuSimple began with
the goal of helping UPS better understand the requirements for Level 4
Autonomous trucking in its network. L4 Autonomous means the vehicle’s
onboard computer is in complete control at all times, eliminating manual
intervention. Currently, however, laws regulating L4 Autonomous driving
require a driver in the vehicle at all times to take over operation if needed.
“UPS is committed to developing and deploying technologies that enable us to
operate our global logistics network more efficiently,” said Chief Strategy and
Transformation Officer. “While fully autonomous, driverless vehicles still have
development and regulatory work ahead, we are excited by the advances in braking
and other technologies that companies like TuSimple are mastering. All of these
technologies offer significant safety and other benefits that will be realized long
before the full vision of autonomous vehicles is brought to fruition – and UPS will be
there, as a leader implementing these new technologies in our fleet.”
For more details, please click the link below:
https://www.pressroom.ups.com/pressroom/ContentDetailsViewer.page?ConceptType=PressReleases&id=1565871221437-794
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2
CN Announces Strategic Acquisition from CSX in the
State of New York
CN is pleased to announce the signing of an agreement that will see CN acquire
the Massena rail line from CSX, which represents more than 220 miles of track
between Valleyfield (Quebec), in Canada, and Woodard (New York), in the U.S.
The Massena rail line also serves many cities in the province of Quebec,
including Beauharnois and Huntingdon, and in the state of New York, including
Massena, Norwood, Potsdam, and Gouverneur.Separately, on August 8, 2019,
CN and CSX announced a new intermodal service offering between CN’s
greater Montreal & Southern Ontario network, and the CSX-served ports of
Philadelphia, New York, New Jersey and the New York City metropolitan area.
This agreement will come into effect on October 7, 2019 and will help move
freight from trucks to rail, reducing congestion in New York in a sustainable
manner.
“CN is excited to be expanding its reach in New York. With this acquisition
from CSX, we are opening up new opportunities for our existing customers and
local businesses who will be able to access new markets through CN’s unique
three coasts network,” said JJ Ruest, president and chief executive officer at CN.
“By acquiring the Massena rail line, CN continues to expand our network and
foster additional supply chain solutions. CN is pleased to welcome communities
along the Massena rail line to its family and we look forward to meeting our new
neighbors.”
https://www.cn.ca/en/news/2019/08/cn-announces-strategic-acquisition-from-csx-in-the-state-of-new/
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3
Air Canada and Transat announce Increased Purchase Price to $18 per
Share for 100% of Transat and Lock-upand Support Agreement with
Transat's Largest Shareholder, Letko Brosseau
Air Canada and Transat A.T. Inc. announced that Air Canada has agreed to increase the
purchase price for the acquisition of all issued and outstanding shares of Transat, from $13
to $18 per share and have amended the Arrangement Agreement dated June 27, 2019
accordingly. Based on the increased consideration, the value of the all-cash transaction is
approximately $720 million. Air Canada has also entered into a lock-up and support
agreement with Transat's largest shareholder, Letko Brosseau & Associates Inc., who
beneficially owns or has control or direction over 7,277,104 Class B voting shares or
approximately 19.3% of all issued and outstanding shares of Transat. Under the terms of its
Lock-up and Support Agreement, Letko Brosseau has agreed to support and vote all of the
Class B voting shares of Transat it controls at the Special Meeting of Shareholders of
Transat on August 23, 2019 or at any adjournment or postponement thereof, in favour of
Air Canada's acquisition of Transat.
"After extensive consultations with Letko Brosseau and several other large shareholders of Transat, we
agreed to materially increase our price to ensure the transaction receives the necessary level of support at
the Special Meeting of Shareholders of Transat," said President and Chief Executive Officer of Air Canada.
"We are therefore very pleased to have received Letko Brosseau's strong endorsement for our transaction.
We know this achieves the best possible outcome for all stakeholders. For shareholders of Transat and Air
Canada, the combination delivers excellent value, while also providing increased job security for both
companies' employees through greater growth prospects. Air Canada intends to preserve the Transat and Air
Transat brands and maintain the Transat head office and its key functions in Montreal. Travellers will
benefit from the merged companies' enhanced capabilities in the highly competitive, global leisure travel
market and from access to new destinations, more connecting traffic and increased frequencies. The
Quebec economy will derive maximum advantage of having a Montreal-based, growth-oriented global
champion in aviation, the world's most international business, spurring more employment and securing
Montréal's position as a leader among world aviation centres," added Mr. Rovinescu.
https://aircanada.mediaroom.com/2019-08-11-Air-Canada-and-Transat-announce-Increased-Purchase-Price-to-18-per-Share-for-100-of-Transat-and-Lock-up-and-Support-Agreement-with-Transats-Largest-Shareholder-Letko-Brosseau
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4
QANTAS GROUP POSTS RECORD REVENUE,
STRONG PROFIT IN FY19
• Underlying Profit Before Tax: $1.30 billion (down 17%)
• Statutory Profit Before Tax: $1.27 billion (down 6%)
• Record revenue for the Group
• Statutory Earnings Per Share: 54.6c (flat on last year)
• Return On Invested Capital: 18.4%
• Net free cash flow: $1,244 million
• Shareholder return of 13 cents per share fully franked dividend, plus an
off-market buyback of up to 79.7 million shares
• $1,250 staff travel bonus for 25,000 non-executive employees, worth $32
million
Qantas Group CEO said the FY19 performance was particularly positive
given mixed market conditions.This result shows the strength of our
individual businesses but also the strength of our portfolio as a whole. Even
with headwinds like fuel costs and foreign exchange, we remain one of the
best performing airline groups in the world.Our performance is the result of
having the right strategy and the ability to deliver it.Domestically, our dual
brand approach with Qantas and Jetstar continued to give us a leadership
position in the corporate, premium leisure and budget travel categories, all
with strong margins.
https://www.qantasnewsroom.com.au/media-releases/qantas-group-posts-record-revenue-strong-profit-in-fy19/
Key Financial Highlights

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5
CMPort net profit rose 19.8% to HKD6,
529 million in 1H 2019
• Container throughput volume rose by 1.4% year-on-year to 54.56 million
TEUs（1H 2018: 53.81 million TEUs）
• Total bulk cargo volume handled 223 million tonnes（1H 2018: 250 million
tonnes），down by 10.7% year-on-year
• Profit attributable to equity holders of the Company totaled HK$6,529 million
（1H 2018: HK$5,448 million）,up by 19.8% year-on-year
• Profit attributable to equity holders of the Company from ports operation
totaled HK$7,067 million（1H 2018: HK$5,923 million）,up by 19.3%
year-on-year
• Basic earnings per share was 196.07 HK cents（1H 2018：166.22 HK cents）,up
by 18.0% year-on-year
• Interim dividend of 22 HK cents per ordinary share (1H 2018：22 HK cents
per ordinary share)
Managing Director said “US-China trade frictions created more
chances for other countries to cooperate with China, and the
Group’s TCP Participações S.A. (“TCP”) in Brazil is one of the
beneficiaries. In the first half of the year, despite the box of US
routes declined, US routes only accounts for 10% of CMPort's
business, hence the overall impact is limited. The total container
throughput of CMPort for year 2019 is expected to surpass 100
million TEUs with single digit growth.
http://www.cmport.com.hk/En/news/Detail.aspx?id=10008053

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Aeroflot announces 6M 2019
IFRS financial results
• In 6M 2019, Aeroflot Group’s revenue increased by 17.2%
year-on-year to RUB 311,440 million.
• In 6M 2019, Operating costs increased by 19.5% to RUB
296,822million, primarily due to an increase in operations – capacities
increased by 14.9% year-on-year.
• In 6M 2019, finance income increased by 3.8% year-on-year to RUB
3,246 million. Finance costs decreased by 50.1% year-on-year to RUB
27 236million
• As of 30 June 2019, totaldebtin accordance with IFRS 16 decreased
by 9.1% compared to 31 December 2018, to RUB 600,359 million.
Aeroflot Deputy CEO for Commerce and Finance, said:“2019 began for us with high fuel prices
and currency pressure on FX-denominated cost items. This led to relatively modest results for the
first quarter. At the same time, despite the continued strengthening of competitors in the Group's
core markets, we were able to deliver steady improvement in our yields. In the second quarter, a
number of trends from the beginning of the year shifted slightly. Although fuel prices remained
high when compared with historic averages, we saw the first signs of stabilisation: in June 2019,
prices declined on a year-on-year basis for the first time in nearly two years. While the depreciation
of the ruble against the dollar slowed from 16.2% in the first quarter to 4.5% in the second quarter,
a slight strengthening of the ruble against the Euro, alongside weak yields on European routes, led
to a further shortfall in revenues. The temporaryclosure of Pakistan's airspace – which increased
flight time to destinations in Thailand, Vietnam and India, resulting in higher fuel expenses
throughout the second quarter – put additional pressure on the Company's financial results.
https://m.aeroflot.ru/ru-en/news/61491

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7
Ware2Go Launches Suite Of Supply Chain Optimization Tools
Ware2Go, a nationwide on-demand fulfilment platform
specializing in scalable capacity, fast delivery, easy onboarding and
superior customer service, announced a new suite of supply chain
optimization tools to help merchants of all sizes become more
efficient and reach new customers. The self-service integrated
toolset helps businesses improve their demand forecasts, identify
optimal inventory levels and quantify the overall value of
strategically distributing inventory close to end users.The suite of
tools augments Ware2Go’s flexible fulfillment network and enables
businesses to analyze and execute warehousing and inventory
management strategies to win new customers with more
competitive fulfillment speeds while also managing costs. As
customer expectations for quick delivery continue to rise, small
business owners must adopt faster, more complex fulfillment
processes while retaining inventory visibility and managing costs.
Ware2Go’s new data and analytics capabilities enable such
customers to manage inventory and order fulfillment more
effectively with less time and effort. They are able to access tools
and operational capabilities comparable with those of much larger
companies.
Solution Description

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8
Delta certified as Great Place to
Work for fourth year in a row
Delta was certified once again as a great workplace by the
independent analysts at Great Place to Work. The airline earned
this credential for a fourth straight year based on ratings provided
by Delta people in anonymous surveys. Certification is a
significant achievement. Using validated employee feedback
gathered with Great Place to Work's data-driven methodology,
certification confirms seven out of 10 employees have a
consistently positive experience at Delta.The survey, sent to a
random selection of Delta's more than 80,000 people worldwide,
was anchored by 87 percent of respondents saying Delta overall is
a great place to work. The analysis also shows 92 percent of
employees are proud to tell others they work for Delta and 90
percent say they want to work at the company for a long time.This,
the most recent honor Delta has earned from Great Place to Work,
joins a crowded shelf of prior honors from the company. Delta's
recent awards include Best Workplaces for Diversity (#26), Best
Workplaces for Millennials (#61), Best Workplaces for Women
(#69), and one of the 100 Best Companies to Work For(#97) by
Great Place to Work and Fortune.
https://news.delta.com/delta-certified-great-place-work-fourth-year-row
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9
Carnival Corporation's AIDA Cruises First Cruise Line to Earn
Blue Angel Award for Environmentally Friendly Ship Design
Carnival Corporation & plc, the world's largest leisure travel
company, announced that AIDAnova from its popular German
brand AIDA Cruises is the first-ever cruise ship to be awarded
the prestigious Blue Angel certification for excellence in
environmentally friendly ship design. The newest ship in
AIDA's fleet, AIDAnova features several innovative approaches
to "green cruising," including being the first cruise ship capable
of being powered in port or at sea by liquefied natural gas
(LNG), the world's cleanest burning fossil fuel.Blue Angel is a
certification program of Germany's Federal Ministry for the
Environment, Nature Conservation, Building and Nuclear
Safety. Overseen by an independent jury from various
industries, the Blue Angel ecolabel was designed and launched
in 1978 to help consumers and vendors choose businesses that
offer environmentally friendly goods and services. While
approximately 1,500 companies have received The Blue Angel,
AIDAnova from Carnival Corporation's AIDA Cruises is the
first cruise ship to earn the prestigious designation.
http://phx.corporate-ir.net/phoenix.zhtml?c=200767&p=irol-newsArticle&ID=2406602
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10
NYK Receives 2019 Seafarers Safety
Initiative Grand Prize
NYK has been recognized with the 2019 Seafarers Safety
Initiative Grand Prize awarded by Japan’s Ministry of
Land, Infrastructure, Transport and Tourism (MLIT) for
the company’s seafarer safety activities. The award
recognizes NYK’s initiatives to prevent human accidents
and utilize engine data. A ceremony was held on
September 4 at the ministry’s office in Tokyo and
attended by NYK managing corporate officer Tomoyuki
Koyama. NYK jointly developed Kirari NINJA, which
enables users to realize the precise condition of the
combustion chamber interior and thus eliminate the need
for the crew to partake of the long, hard process to
examine the interior condition at high temperatures. The
development also helps to reduce human accidents
because there is no need to insert a hand to photograph
the interior by using a conventional digital camera, thus
preventing serious accidents.
https://www.nyk.com/english/news/2019/20190905_02.html
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Aeroflot ranks No1 by punctuality in July among
world’s top 20 airlines
Aeroflot ranks first by punctuality in July among world’s 20 largest
airlines, according to the leading global provider of travel data and insight
OAG. Acc. to the monthly OAG On-Time Performance Report, in July
2019, Aeroflot operated 86.7% of flights on schedule. The Russian carrier
has showed top result among the largest global carriers making up the
world’s top 20 airlines by operations ranking. Aeroflot has outperformed
major competitors, and has greatly improved its punctuality result against
that of June 2019 posting a 1.3 p.p growth. Earlier this summer, Aeroflot
received five-star punctuality rating from OAG, becoming the only Russian
and the largest European airline by passenger traffic to receive the highest
score. Aeroflot made it to the only 10% of On-Time Performance Star
Ratings to receive the highest five-star rating. Aeroflot has been constantly
improving its punctuality result through a host of effective measures. These
included strict implementation of boarding regulations. Future plans
include innovations based on the latest digital technologies, such as
biometric controls, that will significantly accelerate pre-flight airport
procedures for passengers.
R&R Description

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UPS Pledges Support For Three Japanese Non-Profits
Promoting Diversity And Environmental Protection
UPS recently announced its support for three Japanese
non-profit organisations (NPOs). Donations, made via UPS’s
philanthropic arm The UPS Foundation, include a US$25,000
grant given to environmental conservation NPO Fujimae
Ramsar Society, and a US$21,000 contribution to inclusivity
advocates Shonan Barrier-free Tour Center. The company also
provided logistics support for art exhibitions organised by Art
of the Rough Diamonds, a group which displays artwork by
Japanese artists with disabilities.A non-profit dedicated to
preserving Fujimae Tidal Flat, which was designated a Ramsar
site (a wetland of international significance) in 2002, Fujimae
Ramsar Society organises environmental programs to educate
the public on the history of the flat and the importance of
environmental conservation to protect biodiversity. The grant
will be used to conduct educational programs for young people
and to publish a booklet to raise public awareness of the
importance of Fujimae and its watershed.
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NYK Concludes Long-term Charter Agreement with
Total for LNG Carriers
NYK has signed a new long-term contract with Total Gas & Power
Chartering Limited,a subsidiary of Total, a leading oil and energy
company headquartered in France. The contract calls for TGPCL to
charter from NYK a newly built liquefied natural gas (LNG) carrier
that will be built by Samsung Heavy Industries Co. Ltd. in Korea and
scheduled for delivery in 2021. The LNG carrier will be equipped with
a WinGD-made dual-fuel slow-speed diesel engine (i.e., X-DF diesel
engine) that has superior fuel-consumption efficiency and can operate
on marine gas oil or boil-off gas stored in the cargo tank. The carrier
will also feature a re-liquefaction system that can use surplus boil-off
gas effectively. The cargo tank will be a 174,000 cubic meter capacity
membrane-type tank that will make use of advanced insulating
materials** to suppress the boil-off rate (percentage of gas volume that
vaporizes during navigation) in the cargo tank and realize superior
efficiency and economical LNG transportation. NYK concluded
time-charter contracts with Total last year for three LNG vessels, so
this most recent contract brings the total to four LNG carriers and
reinforces the close relationship between the two companies.
https://www.nyk.com/english/news/2019/20190830_01.html
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14
Costa Crociere Foundation and Sahara Forest Project Join
Forces For Sustainable Farming in the Desert Of Jordan
Costa Group, the leading cruise company in Europe, through its Costa Crociere
Foundation, joins forces with the Sahara Forest Project Foundation to enlarge
the scope of the innovative initiative to revegetate the desert in Jordan with
sustainable technologies. The partnership between the Sahara Forest Project
Foundation and Costa Crociere Foundation represents a concrete step forward
for the project in Jordan. The support from Costa Group - through its two
brands Costa Cruises and AIDA Cruises - will allow to scale-up the project to
20 hectares of commercial facility, realizing the exciting potential where every
vegetable produced will suck out CO₂ from the atmosphere and store it in
revegetated land. This initiative fits perfectly with Costa Group's commitment
to sustainable innovation and value creation, as well as with the Costa Crociere
Foundation's mission to promote social and environmental improvement. An
important part of the agreement is represented by the involvement of Costa
Cruises and AIDA Cruises guests: guests cruising on Costa and AIDA ships
calling at Aqaba will have the unique chance to taste, for the very first time in
the world, at least ten different environmentally friendly vegetables produced by
using solar power and saltwater in the Jordan desert, through special recipes
created by the Executive Chefs of the two cruise companies to emphasize their
taste and quality.
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AIDA Cruises and battery supplier Corvus Energy announce
cooperation and ring in electrification of the cruise industry
AIDA Cruises, as part of the Costa Group, Europe's leading cruise
company, starts cooperation with the world's leading marine battery
supplier Corvus Energy from Norway. On Tuesday, 20 August 2019, a
corresponding agreement was signed. The aim of the cooperation is the
installation of lithium-ion battery storage systems on board the AIDA fleet
and the start of operations on the first AIDA ship in 2020.The
Norwegian-Canadian company Corvus Energy is one of the most
renowned suppliers of marine batteries and is considered a pioneer in the
development of maritime energy storage systems. Further partners of the
project will be the companies ABB and Siemens.Following the
introduction of low-emission LNG operations in cruise shipping, AIDA
Cruises is now also stepping up into the practical use of electrical energy
from battery storage systems on board large cruise ships. Thanks to the use
of this technology, the consumption of fossil fuel will be reduced further
and the efficiency of ship operations will be increased significantly. It is
planned to incorporate the valuable experiences from this pilot operation of
battery systems on board other AIDA and Costa cruise ships as well.
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16
CN and COSCO Shipping Lines Extend
Intermodal Partnership
CN is pleased to announce that COSCO Shipping has chosen
CN to be the exclusive rail provider for COSCO Shipping’s
discharge at the Ports of Vancouver, Prince Rupert,
Montreal, and Halifax to all currently served CN
destinations.CN is a true backbone of the economy,
transporting more than C$250 billion worth of goods
annually for a wide range of business sectors, ranging from
resource products to manufactured products to consumer
goods, across a rail network of approximately 20,000 route
miles spanning Canada and mid-America. CN – Canadian
National Railway Company, along with its operating railway
subsidiaries – serves the cities and ports of Vancouver and
Prince Rupert, B.C., Montreal, Halifax, New Orleans, and
Mobile, Ala., and the metropolitan areas of Toronto,
Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit,
Duluth, Minn./Superior, Wis., and Jackson, Miss., with
connections to all points in North America.
https://www.cn.ca/en/news/2019/09/cn-and-cosco-shipping-lines-extend-intermodal-partnership/
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CN and Evergreen Extend
Intermodal Agreement
CN and Evergreen Line are pleased to
announce that their long-standing relationship
of 27 years will continue with a new agreement
extending their intermodal partnership.
Evergreen and CN have long enjoyed a
mutually beneficial partnership, with
Evergreen calling at CN served ports such as
Vancouver, Prince Rupert, and Halifax. This
new agreement furthers the privileged
relationship between both companies.
https://www.cn.ca/en/news/2019/09/cn-and-evergreen-extend-intermodal-agreement/
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18
Maersk and Blackbuck partner to digitally revolutionise the Indian
export-import containerised trucking market
Maersk, the world leader in integrated container logistics, announced its partnership
with BlackBuck, India’s largest online marketplace for trucking, to provide an online
marketplace for containerised trucking in EXIM logistics in India. The Indian
government has set ambitions to reduce logistics cost from 14% of the GDP to less
than 9% by 2022. The new platform will be owned and operated by Black- Buck with
Maersk supporting BlackBuck to develop compelling industry specific solutions. The
neutral platform will be open to the whole industry and will empower sustainable
growth & efficiency by reducing touchpoints in the supply chain; thereby improving
customer experience, matching demand-supply through the year and provide
consistency in service delivery through real-time visibility and control.Maersk has set
out on a digital transformation journey and amongst various other initiatives globally
is the India-focused OceanPro accelerator program which was launched in 2018. The
solutions developed by few of the start-ups in first cohort of OceanPro are already
being implemented through various services to accelerate technology innovation in
Shipping & Logistics industry in India and globally. The company launched the
second cohort of OceanPro in July this year with a group of five start-ups.
https://www.maersk.com/news/articles/2019/08/21/maersk-and-blackbuck-partner
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19
Air France-KLM and Kuehne + Nagel create first direct
system-to-system connection in the industry
Kuehne + Nagel and Air France KLM Martinair Cargo, two leading
players of the airfreight industry, have joined forces to improve
integration of their electronic booking processes. In a proof of concept
that was recently brought to conclusion, the two companies enabled
total host-to-host connection through application programming
interface (API) allowing for a system-based, integrated and interactive
match between available capacity and demand.It is the first time that
an airfreight carrier and a global logistics provider create a direct
system-to-system connection that transforms manual quotation and
capacity booking process into a digital automated solution, fostering
collaborative relationships and next-generation supply chain practice.
Customers will benefit from a seamless experience with both
companies' full digital offering, including ad-hoc quotations, capacity
availability inquiries, dynamic pricing and real-time e-booking
functionalities. Following the successful proof of concept, both
companies have agreed to further develop the solution and to start the
roll-out in Europe and South Asia Pacific.
https://newsroom.kuehne-nagel.com/air-france-klm-and-kuehne--nagel-create-first-direct-system-to-system-connection-in-the-industry/
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20
DP WORLD PARTNERS WITH CCC TO
DEVELOP ‘TRADERS MARKET’
DP World PLC has announced a partnership with Zhejiang
China Commodity City Group Company LTD (CCC) to
develop the ‘Traders Market’ in Jebel Ali Freezone (JAFZA).
DP World will hold a majority share in the 70/30 joint venture.
The Traders Market project will span approximately 800,000
square metres, with Phase 1 development covering about
220,000 square metres. Phase 1 Capex is estimated at $150
million, with construction expected to start in 4Q2019 and take
24 months to complete. The Traders Market will create the first
smart Freezone market place in the Middle-East for the retail
and wholesale industries and aims to serve the wider region
with a population base of over 2 billion. The market will allow
traders to benefit from lower supply chain costs by using the
world-class multi-modal infrastructure available in Jebel Ali
and Dubai. International traders will be able to procure bulk
products in Dubai at wholesale prices with the shortest delivery
times and will be able to service demand more efficiently.
https://www.dpworld.com/media/media-centre/DP-WORLD-PARTNERS-WITH-CCC-TO-DEVELOP-TRADERS-MARKET
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21
Korean Air launches codeshare partnership with
Royal Brunei Airlines
Korean Air and Royal Brunei Airlines have announced the
launch of a codeshare partnership starting on September 4.
Codeshare agreements enable airlines to market service on
other airlines’ flights under their own flight number. Through
the new agreement, Korean Air will sell seats on the
Incheon~Brunei route of Royal Brunei Airlines under its flight
number as a marketing carrier, without directly launching the
route. Incheon~Brunei route is operated four times a week
(Tuesday/Thursday/Friday/Sunday). Passengers booking the
flight through Korean Air can enjoy the airline’s convenient
reservation and ticketing services, while accruing miles on its
frequent flyer program, SKYPASS. Korean Air currently has
codeshare arrangements with 35 airlines, including SkyTeam
members such as Delta Air Lines and Air France, on a total of
950 routes. Through the continuous expansion of codeshare
agreements, Korean Air will keep providing more convenient,
diverse schedules and options to customers.
https://www.koreanair.com/global/en/about/news.html#cta-medium=/content/koreanair/global/en/about/news/press_release/2019_09_BI.html
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22
SIAAnd Como Shambhala To Launch Co-Developed Wellness
Cuisine On SIA Flights From September 2019
Singapore Airlines (SIA), together with Singapore-based wellness brand
COMO Shambhala, announced the launch of specially curated wellness
dishes on selected SIA flights from September 2019. The wellness dishes
are part of SIA and COMO Shambhala’s partnership aimed at enhancing
customers’ holistic well-being and travel experience.Customers can look
forward to a menu of healthy and flavourful dishes, each dish carefully
tailored to nourish the body and alleviate travel-induced stresses such as
fatigue. Ingredients rich in antioxidants and micronutrients, such as kiwi,
yoghurt, beetroot and strawberries, come together in immune-boosting
dishes that will help customers feel refreshed even after a long flight.
Others aim to promote good digestion and circulation for a more
comfortable journey.First Class and Business Class customers will be able
to enjoy the wellness in-flight menu on selected flights departing Singapore
to Hong Kong, Frankfurt, London, Melbourne, Perth and Sydney. The
dishes will also be available for pre-ordering via ‘Book the Cook’ for First
Class, Business Class and Premium Economy Class customers on all routes
departing Singapore.
https://www.singaporeair.com/en_UK/in/media-centre/press-release/article/?q=en_UK/2019/July-September/jr1419-190830
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23
AUSTRALIA POST AND QANTAS FREIGHT RENEW AGREEMENT
TO SUPPORT ECOMMERCE GROWTH
Australia Post and Qantas have today announced an expanded
domestic and international air freight agreement to support the
growing demand for parcels. Marking nearly a century of
partnership between the two brands, it will benefit online
shoppers and businesses across Australia by increasing capacity
and providing greater network flexibility to meet customer
expectations. The seven-year agreement valued at over $1
billion will give Australia Post customers access to Qantas
Freight’s dedicated freighter aircraft and priority access to the
cargo space on up to 1,500 Qantas and Jetstar passenger flights
to over 110 destinations each day, in addition to space on
partner airlines globally. It will also see the introduction of up
to three Airbus A321P2Fs (Passenger to Freighter) to the
freighter network used for Australia Post. Qantas will be the
first airline in the world to operate the A321 as a freighter
aircraft.
https://www.qantasnewsroom.com.au/media-releases/australia-post-and-qantas-freight-renew-agreement-to-support-ecommerce-growth/
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24
QANTAS AND QUANDOO DISH UP DELICIOUS NEW WAY TO EARN
QANTAS POINTS AROUND THE WORLD
Qantas Frequent Flyer has partnered with Quandoo to
reward members with Qantas Points on restaurant
bookings in Australia and around the world. The
collaboration with Quandoo, a worldwide booking
platform that connects diners to restaurants, will enable
frequent flyers to earn Qantas Points when they make
reservations through the Qantas Restaurants portal on
Qantas.com and the Qantas app. Qantas Frequent
Flyers will be able to earn 100 points per person, per
booking across 18,000 restaurant partners in over 12
countries. It is the first-time members have been able to
earn Qantas Points on international restaurant
bookings. Quandoo is one of the largest online
restaurant booking platforms in the world with listings
ranging from independent restaurants to much loved
chains and Michelin starred establishments.
https://www.qantasnewsroom.com.au/media-releases/qantas-and-quandoo-dish-up-delicious-new-way-to-earn-qantas-points-around-the-world/
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25
QANTAS AND BPANNOUNCE NEW CUSTOMER
LOYALTY PARTNERSHIP
Qantas and BP Australia have announced a new
customer loyalty partnership that will see Qantas
Frequent Flyer become the cornerstone partner of
BP’s new customer loyalty program, BP Rewards.
Launching in early 2020, the BP Rewards program
will allow customers to earn Qantas Points on fuel
and eligible in-store purchases across participating
BP retail sites. In addition, BP Plus fuel card will
become the exclusive fuel partner of Qantas Business
Rewards (opens in new window), Australia’s largest
business loyalty program.BP Rewards, including the
partnership with Qantas Frequent Flyer and Qantas
Business Rewards, launches in early 2020. More
detail on points earned for each dollar spent will be
available closer to this time.
https://www.qantasnewsroom.com.au/media-releases/qantas-and-bp-announce-new-customer-loyalty-partnership/
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26
MOL and Karpowership announce the first LNG-to-Powership project under
the co-brand "KARMOL" to be delivered in Nacala, Mozambique
O.S.K. Lines, Ltd. and Karadeniz Holding A.S. announced that
MOL and Karpower International B.V., a subsidiary of Karadeniz,
have agreed to jointly carry out the first LNG-to-Powership project
under the co-brand "KARMOL" (*3) in Mozambique and for this
purpose jointly own and operate a FSRU (*4) and a Powership®
(*5). Ahead of this announcement, MOL and Karpowership jointly
made presentation in TICAD Ⅶ (*6) conference where MOL and
Karpowership introduced concept of LNG-to-Powership solution
and outlines of Mozambique Project.In the past years Mozambique
has seen rapid economic growth, which in order to sustain requires
the increased supply of stable and affordable supply of electricity.
KARMOL's LNG-to-Powership solution with power generation
capacity of 120MW will create a stable and reliable supply of
electricity for the people of Mozambique and, provide critical
infrastructure for the use of LNG within Mozambican territory.
https://www.mol.co.jp/en/pr/2019/19055.html
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27
MOL, Tosyalı Holding Sign Memorandum of Agreement, Looking toward Strategic
Tie-up - Aiming to Strengthen Business Structure in Turkey, Africa
Mitsui O.S.K. Lines, Ltd. announced an agreement with Tosyalı Holding
A.S.(*) to begin the research toward a strategic partnership, and in this
respect signed a memorandum of agreement in the presence of H.E. Dr.
Hasan Murat Mercan, Turkish Ambassador to Japan, at the Turkish
Embassy in Tokyo on August 30. The companies will study the possibility
of a partnership in the transport of raw materials and steel products in
Tosyalı's production networks in Turkey and overseas, building a port in
southeastern Turkey and further cooperation on new Tosyalı business
ventures. Tosyalı is a major Turkish steel company, with 2018 output of
over 10 million tons, and is developing the business on a broad scale both
in Turkey and around the world. Last year, the company started operation
of world's largest direct reduced iron (DRI) plant in Algeria. (DRI is an
iron produced by reducing iron ore directly, by using natural gas as the
main energy source.) The agreement embodies "comprehensive strengths
that enable the provision of one-stop solutions to the various transportation
needs of customers," as stated in the "Rolling Plan 2019" (Note)
management plan, and looks forward to contributing to the expansion of
Tosyalı's businesses.
https://www.mol.co.jp/en/pr/2019/19056.html
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28
JetBlue Announces Launch of Cargo
Service WithAeronex Cargo
JetBlue announced it will partner with Aeronex Cargo LLC to
launch a new cargo offering. Aeronex Cargo, based in Miami, are
specialists in delivering turnkey air cargo managed services to
low-cost airlines and will focus on providing fast and reliable air
cargo services to the registered freight forwarders as well as known
shippers. Cargo services will begin with a traditional air-to-air
offering in Fort Lauderdale-Hollywood International Airport
(FLL). This service will first be expanded with a drop-off point at
Miami International Airport (MIA), one of the top five busiest
cargo airports in America, where Aeronex Cargo will pick up and
transport goods to Fort Lauderdale. By the end of this year, JetBlue
and Aeronex Cargo expect to open additional cargo operations in
John F. Kennedy International Airport (JFK), Los Angeles
International Airport (LAX) and Boston Logan International
Airport (BOS).Over the next few years, JetBlue and Aeronex
Cargo will evaluate opportunities to expand the cargo operation to
nearly 30 cities across the airline’s network where there is high
shipping demand.
http://blueir.investproductions.com/investor-relations/press-releases/2019/08-26-2019
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29
Aeroflot joins Digital Transport and
Logistics Association
Aeroflot has become a member of Digital Transport and
Logistics Association. The leading Russian airline’s joining the
Association will greatly contribute to the transformation of
Russia’s transport complex through leveraging Aeroflot’s
expertise in digitalization and tech. Digital Transport and
Logistics Association is a competency center for the namesake
project by the Ministry of Transport of the Russian Federation.
It aims to design and develop a universal multi-modal digital
transport and logistic system across Russia. This will be
achieved through integrating and introducing all existing and
emerging digital services and software of Russian
companies.Nowadays, Aeroflot demonstrates one of the highest
levels of IT deployment across the global transport sector. For a
number of years, the airline has ranked fourth by digitalization
among the world’s carriers according to Bain & Co. In practical
terms, it means over a dozen of business cases implemented
based on digital technologies.
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30
Axiata and Telenor have mutually agreed to end discussions
on the Proposed Transaction
Axiata Group Berhad and Telenor ASA have
mutually agreed to end discussions regarding a
non-cash combination of their telecom and
infrastructure assets in Asia (the "Proposed
Transaction"). Over the last four months, both parties
have been working on due diligence and finalising
transaction agreements to be completed within the
third quarter of 2019. Due to some complexities
involved in the Proposed Transaction, the parties
have mutually agreed to end the discussions. Both
parties still acknowledge the strong strategic
rationale of the Proposed Transaction. The parties do
not rule out that a future transaction could be
possible.
https://www.axiata.com/media/news/axiata-and-telenor-have-mutually-agreed-end-discussions-proposed-transaction
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31
DNP and The National Library of France Sign Agreement to Digitize
Collection Stored in the Historical Site of Richelieu
Dai Nippon Printing Co., Ltd (DNP) and the National Library of
France (BnF) are pleased to announce the July 2 signing of an
agreement on the joint digitization and promotion of the valuable
collection and historic palace and site of Richelieu. The BnF’s oldest
heritage institution dating back to the Library of King Charles the Fifth
in 1368. The Richelieu site is undergoing the first full scale restoration
since its settlement in 1721, in the heart of Paris. The Renaissance of
Richelieu’s mission is to share its collections and heritage, and to
create a new museum for present and future generations to admire and
enjoy. In 2021, Richelieu will reopen completely, showing the
treasures of the BnF for the first time and offering a unique digital
experience through a hands-on experiential corner that capitalizes on
DNP’s cutting-edge digital technology in its new museum. 2021 will
be a historic event marking 300 years since the facility was founded on
rue de Richelieu in Paris.
https://www.dnp.co.jp/eng/news/detail/1192848_2453.html
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32
SIA Expands Non-Stop Services To US
With First Flight To Seattle
Singapore Airlines (SIA) continues its expansion of non-stop services to the US
with the departure of flight SQ28 from Singapore to Seattle this morning. The
flight departed Changi International Airport on 3 September 2019 at 0927hrs
(SIN time) and is scheduled to arrive at Seattle-Tacoma International Airport on
the same day, at 0905hrs (US Pacific time). Customers departing from
Singapore received an exclusive goodie bag containing items such as a
commemorative certificate, SIA batik pen and passport cover as well as a mini
notepad featuring the Seattle skyline. Customers also had the opportunity to
take photos with the cabin crew at the boarding gate. Upon arrival in
Seattle-Tacoma International Airport, the aircraft will be receiving a water
cannon salute. Seattle is the fourth US destination after Los Angeles, New York
(Newark) and San Francisco to be served non-stop from Singapore. The Seattle
flights will initially be operated three times weekly before increasing to four
times weekly in October 2019, bringing the total number of weekly non-stop
Singapore-US services to 31. When combined with SIA’s existing one-stop
services to Houston, Los Angeles, New York (JFK) and San Francisco, total US
service frequency will increase to 57 per week.
https://www.singaporeair.com/en_UK/in/media-centre/press-release/article/?q=en_UK/2019/July-September/ne1619-190903
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