• ITVI.USA
    12,678.660
    5.150
    0%
  • OTLT.USA
    2.868
    0.001
    0%
  • OTRI.USA
    8.620
    0.000
    0%
  • OTVI.USA
    12,733.190
    6.750
    0.1%
  • TSTOPVRPM.ATLPHL
    2.780
    -0.050
    -1.8%
  • TSTOPVRPM.CHIATL
    2.390
    -0.270
    -10.2%
  • TSTOPVRPM.DALLAX
    1.800
    -0.040
    -2.2%
  • TSTOPVRPM.LAXDAL
    2.160
    -0.030
    -1.4%
  • TSTOPVRPM.PHLCHI
    1.990
    -0.020
    -1%
  • TSTOPVRPM.LAXSEA
    2.880
    -0.060
    -2%
  • WAIT.USA
    125.000
    6.000
    5%
  • ITVI.USA
    12,678.660
    5.150
    0%
  • OTLT.USA
    2.868
    0.001
    0%
  • OTRI.USA
    8.620
    0.000
    0%
  • OTVI.USA
    12,733.190
    6.750
    0.1%
  • TSTOPVRPM.ATLPHL
    2.780
    -0.050
    -1.8%
  • TSTOPVRPM.CHIATL
    2.390
    -0.270
    -10.2%
  • TSTOPVRPM.DALLAX
    1.800
    -0.040
    -2.2%
  • TSTOPVRPM.LAXDAL
    2.160
    -0.030
    -1.4%
  • TSTOPVRPM.PHLCHI
    1.990
    -0.020
    -1%
  • TSTOPVRPM.LAXSEA
    2.880
    -0.060
    -2%
  • WAIT.USA
    125.000
    6.000
    5%
American Shipper

DEUTSCHE POST BUYS STAKE IN GLOBAL FREIGHT EXCHANGE

DEUTSCHE POST BUYS STAKE IN GLOBAL FREIGHT EXCHANGE

   Deutsche Post World Net has acquired a 10 percent stake in London-based Global Freight Exchange, an Internet start-up working to develop an online air freight marketplace for airlines and forwarders. Terms were not disclosed.

   GF-X not only wins an infusion of capital from Deutsche Post, but critical support from the world’s largest air forwarder, Deutsche Post-owned Danzas-AEI. GF-X also received another round of capital from existing investors, including Morgan Stanley Dean Witter.

   GF-X will begin testing its system with select forwarders and airlines in May. It hopes to link carrier and forwarder systems to its web site to provide a central repository for global air freight capacity, scheduling and booking information. The exchange is designed to help forwarders and airlines reduce paperwork and manage the risk of pre-selling and pre-buying capacity.