February 14, 1989 |
In the old days, in a slower, and perhaps a gentler time, kids used to learn about the world from stamp collections. Nowadays they could get a better education studying international business, where there was action on Monday in global air freight.
July 9, 1988 |
Dwane Casey, University of Kentucky assistant basketball coach, filed a $7-million lawsuit against Emery Air Freight and its employees Friday. Casey claimed that publicity resulting from Emery's alleged finding of $1,000 in a package sent by him to the father of Fairfax High School recruit Chris Mills has damaged his reputation. The suit, filed Friday in U.S. District Court in Lexington, Ky.
October 27, 1988 |
The father of basketball recruit Chris Mills, named in a key charge against the University of Kentucky by the National Collegiate Athletic Assn., initially said he wanted to return a package from a Wildcat assistant, which allegedly contained $1,000 in cash, court documents indicate. The NCAA has charged that assistant basketball coach Dwane Casey sent Claud Mills $1,000 in cash as an inducement in the recruiting of Chris Mills of Fairfax High, now a Kentucky freshman.
February 20, 1991 |
Postal Service workers dried jet fuel and foam from some of the 14,509 pounds of mail inside a cargo jet that had crashed on takeoff two days earlier at Cleveland Hopkins International Airport, killing its two pilots. About 6,500 pounds of mail removed from the wreckage was sent on its way, a postal inspector said. About 300 pounds was damaged and was being handled by the post office's claims department, he said. About 80% of the rest of the mail was soaked with fuel, he said.
January 21, 1992 |
Emery Worldwide announced Monday that it will eliminate its transatlantic cargo flight and European hub and instead share facilities with DHL Worldwide Express. Spokesman Gary Frantz said 20 employees at the company's European terminal in the Dutch city of Maastricht will be laid off, and seven will be transferred to DHL's European hub in Brussels. Emery said it will discontinue its weekday flight from New York to Maastricht and share space on a DHL flight from New York to Brussels.
April 8, 1987
Wilton, Conn.-based Emery appeared to be the victor in a takeover battle for Basking Ridge, N.J.-based Purolator Courier. PC Acquisitions, controlled by eight Purolator executives and E. F. Hutton LBO Inc., a subsidiary of E. F. Hutton Group, said it was withdrawing. PC on March 1 had reached a deal with Purolator valued at $35 a share, or $268 million. Emery announced April 1 that it was prepared to acquire Purolator in a deal valued at about $306 million, or $40 a share.