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BUSINESS BRIEFS.(TO THE POINT)
SHIPPING
Oil's slide sinks tanker stocks
For the 2nd straight day, shares in operators of vessels that transport oil fell on the back of declining crude futures. The sector had gained more than 50% since Sept. 1 on rising oil and higher leasing rates for vessels. The group took another hit as Smith Barney recommended selling shares in Frontline, Overseas Shipping and Ship Finance. Overseas fell 5% to 60.89; Frontline dropped 5% to 54.75; Top Tankers lost 8.8% to 19.15. Ship Finance lost 2.2% to 23.91.
UPS buys out Chinese partner
The shipping firm will pay $100 mil to take over most of its Chinese partner's international express delivery operations, bolstering United Parcel Service's presence in an $850 bil market currently dominated by China Post and domestic freight forwarders. UPS plans to more than triple its employee number in China by the end of '05 and it's tripled its weekly flights to China. Shares rose 0.5% to 85.59.
TRANSPORTATION
Airlines soar on falling fuel costs
- Flight attendants may change unions.
- Newspaper article from: Detroit Free Press (Detroit, Michigan) (via Knight-Ridder/Tribune Business News) September 26, 2005 700+ words
...Byline: Jewel Gopwani Sep. 26--The flight attendants at Northwest Airlines Inc. have an...and job cuts, there is a push among flight attendants to switch unions. Some flight attendants are campaigning to leave the 2-year...
- Flight attendants unprepared to defend against terror, they say.
- Newspaper article from: Knight Ridder/Tribune News Service Barrett, Rick May 11, 2004 700+ words
...Sept. 11 terrorist attacks, many flight attendants say they're still poorly prepared...spokeswoman for the Association of Flight Attendants, a labor union with 45,000 members...to deliver 10,000 letters from flight attendants to the federal Transportation Security...
- Flight Attendants Have Veto Power Over United Airlines/US Airways Merger;...
- Press release article from: PR Newswire September 26, 2000 700+ words
...PRNewswire/ -- United Airlines flight attendants made a strong statement to their...can only happen with the support of flight attendants. "Unresponsiveness to concerns...attendant schedules have angered flight attendants. And until yesterday, United acted...
- Flight Attendants Demand Better Security Training.
- Newspaper article from: The Milwaukee Journal Sentinel (Milwaukee, Wisconsin) (via Knight-Ridder/Tribune Business News) May 12, 2004 700+ words
...Sept. 11 terrorist attacks, many flight attendants say they're still poorly prepared...spokeswoman for the Association of Flight Attendants, a labor union with 45,000 members...to deliver 10,000 letters from flight attendants to the federal Transportation Security...
- Flight Attendants Lobby for Certification.
- News wire article from: The America's Intelligence Wire May 1, 2003 700+ words
...From washingtonpost.com) Flight attendants, who arguably have been...Yesterday, dozens of flight attendants donned their uniforms...percent of the nation's flight attendants have lost their jobs. Those...
- American Flight Attendants' Ill Will Has Been Years in Making.
- Newspaper article from: Knight Ridder/Tribune Business News April 16, 2003 700+ words
...in public, but American Airlines flight attendants have become hardened unionists through...The Association of Professional Flight Attendants has resorted to a strike only once...the airline, and the battle won flight attendants a more lucrative contract. "This...
- Horizon Flight Attendants Begin CHAOS(TM) Campaign at Sea-Tac
- Press release article from: PR Newswire August 25, 1997 700+ words
...25 /PRNewswire/ -- Horizon Air flight attendants, represented by the Association of Flight Attendants, AFL-CIO, begin their CHAOS...00 a.m. to 2:00 p.m. The flight attendants and their supporters will also drive...
- Flight Attendants' Ire Mounts with American Deal.
- Newspaper article from: Knight Ridder/Tribune Business News April 17, 2003 700+ words
...decade of hard-fought gains for flight attendants pushed American Airlines to the brink...company. "The distrust between the flight attendants and this company has been so exacerbated...which stretch for nearly six years. Flight attendants' pay drops by 15.6 percent. They...
- Flight Attendants Begin Picketing United's Arizona Operations.(Originated from...
- Newspaper article from: Knight Ridder/Tribune Business News Steckner, Susie June 17, 1997 700+ words
...friendly skies." But for now, its flight attendants are forecasting nothing but stormy...contract negotiations have pushed flight attendants to picket and threaten to strike...Airport on Monday, with about 50 flight attendants picketing Terminal 2. "United has...
- UNITED FLIGHT ATTENDANTS PROTEST OPENING OF HONG KONG BASE
- Press release article from: PR Newswire May 15, 1995 700+ words
...On May 17, United Airlines flight attendants, represented by the Association of Flight Attendants, AFL-CIO, will protest the exportation...domicile in Hong Kong on July 1. Flight attendants will hold a rally on Wednesday...