Word: carrier
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...problems at home, in large part because nearly 60% of his business is in Eastern Europe. "That exposure is helping," he says. Aegean Airlines, which may have to move to short-term leases for some of its fleet, is looking outward too. In the past six months, the carrier has added routes to Egypt, Israel and Turkey. Greece's $40 billion shipping industry--the country controls 22% of the world's oil-tanker fleet and nearly 25% of its cargo ships--should also prove immune to the financial maelstrom because of its global reach, according to Theodoros Veniamis, the president...
...China's official defense budget figures shouldn't be taken at face value, and that actual spending could be two or three times higher than what is reported. China is engaged in a significant number of expensive military equipment development programs, including likely efforts to develop its first aircraft carrier. Those all make it difficult to curtail spending, says Andrei Chang, Hong Kong-based editor-in-chief of Kanwa Defense Review Monthly. "There are very ambitious military plans for the Chinese," he says. "This is the reason it's impossible to have an increase...
After more than a month on Graf's ship, Kaprow left for the carrier U.S.S. Theodore Roosevelt to tell Graf's superior what he had witnessed. He was the second senior officer from the ship to complain to superiors about Graf. "I told all of this to the commodore," Kaprow said, "but I don't know what happened to it from there." Back on the Churchill, officers who knew that Kaprow was meeting with the commodore waited anxiously for a change in the Churchill's command climate. It never came...
...Schwalbach, alternately prodding and sedating him, Smith testifies that he is both a gentleman ("Death before discourtesy is my f---in' mantra") and a bit of a role model for fatties ("I do wear it fairly well"). Claiming he was treated "like a terrorist" and vowing revenge against the carrier (the Smodcast is titled "Go [Rude Condemnation], Southwest Airlines"), he says he fears the incident will haunt him to death and beyond: "That's what it's gonna say on my grave: Too Fat to Fly - TFTF." The event was impromptu, engaging and oddly equitable; Smith has the gift...
Packages are not just objects; they are also data, and in all its decisions, UPS has used the latter to make delivering the former more efficient. Since the late 1980s, the carrier has invested billions in technology to perfect the art of tracking shipments. Data now decides everything from the number of drivers needed each day to the exact routes their trucks should travel. "This traditionally is a company of engineers obsessed with detail," says Doug Caldwell, a principal at ParcelResearch.com based in Portland, Ore. "And all of those hundreds of little things add up to impressive advantages in efficiency...