E-commerce logistics – Page 28
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Artificial Intelligence to thrive in logistics according to DHL and IBM
Artificial Intelligence (AI) will see the global logistics industry shift its operating model from being reactive to being proactive and predictive.Big Data, self-learning systems and the monitoring of social media will enable logistics providers to be better prepared for rapid consumer demand, such as that which saw an estimated 38,000 ...
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The Amazon effect pushes cargo service levels
The lot of a consignee resembles that of a grand prix driver, only in reverse. The latter spends his working hours in a super-fast car and then drives home in a much slower vehicle.The consignee orders goods online, expecting same-day or two-day delivery with an alert on his smartphone an ...
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Online shoppers are going global while air cargo plays catch-up
Online shoppers are increasingly buying from international retailers, relying more on digital devices and seeking alternate delivery options, according to a study from UPS.The UPS Pulse of the Online Shopper Study found that global competition for customers is increasing, with a significant number of online shoppers in Canada (83%), Brazil ...
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DHL continues to invest in e-commerce
DHL Parcel and DHL eCommerce have launched a global e-commerce fulfillment platform and new fulfillment center in the UK.The logistics and delivery giant said that its new IT platform provides online retailers with access to all its e-commerce fulfillment centres from a single source.Retailers will be able to integrate the ...
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FedEx buys UK e-commerce specialist P2P for £92m
US parcels giant FedEx Corp has boosted its e-commerce presence after acquiring UK-based P2P Mailing for £92m.FedEx said in a statement that P2P provides customers with "unique last-mile delivery options, leveraging its relationships with private, postal, retail and clearance providers in over 200 countries."P2P, headquartered in south east London, has ...
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RECALLED: DHL Hong Kong acquires four cargo scanners as e-commerce volumes surge
Freight security screening specialist Smiths Detection has won a contract to supply DHL Express (Hong Kong) with four HI-SCAN 10080 EDX-2is units to achieve "greater throughput capacity and increased security levels" as the rise in e-commerce volumes continues.The high-speed system automatically screens cargo and baggage for explosives, offering "one of ...
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Damco to streamline cross-border e-commerce
Damco has revealed plans to streamline cross-border e-commerce for its clients, with an initial priority of tackling the lack of a proven returns solution in China.The Netherlands-based forwarder and supply chain solutions specialist noted that domestic e-commerce sales rates are expected to flatten in the coming years, while the cross-border ...
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EU rules aim to boost e-commerce uptake in Europe
On March 13 Members of the European Parliament adopted a proposal to make the cross-border parcel delivery market more transparent and competitive and to reduce the barriers consumers and e-retailers encounter when purchasing products online in the EU.Rates for parcels sent from one EU country to another can be up ...
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FedEx to spend $1bn on Memphis hub
FedEx is to invest over $1bn in its Memphis hub, the project including construction of a new sort facility with state-of-the-art sort systems, construction of a bulk truckload building and a new area to improve handling of the oversized shipments that have increased with the growth in e-commerce.Chairman and chief ...
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Call for data-sharing to speed up e-commerce
A senior manager at Alibaba’s logistics subsidiary has called for greater data-sharing among airfreight stakeholders, while an official at the World Customs Organisation warned that criminals are exploiting the boom in e-commerce to traffic drugs and other illegal goods.Roger Su, head of global network planning and operations Cainiao/Alibaba, told IATA’s ...
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Cargojet: strong Q4 financial performance
Canadian overnight all-cargo carrier Cargojet has posted revenues of $118.2m for the fourth quarter ended December 31 2017 – an impressive rise of 25.6% over the same period of the previous year.The gross margin for the quarter was $37.4m, representing an increase of 36% compared to the previous reporting period.For ...
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E-commerce helps Budapest reach new high
Budapest Airport saw its cargo throughput reach a record high of 127,145 tonnes in 2017.The figure represents a rise of 13.4% in comparison to the previous year’s total – and 2018 is off to a similarly encouraging start, with January and February volumes up 17.4% over the same two months ...
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Deutsche Post DHL sees 2017 profits climb 7.2% to €3.7bn
Deutsche Post DHL Group (DP-DHLG) saw operating profit climb by 7.2% to €3.7bn in the 2017 financial year, revenues were up by 5.4% to €60.4bn, with all four divisions contributing to the increase.The German logistics giant and the world’s largest purchaser of airfreight capacity said that its DHL Express division ...
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Supply chains failing to reap digitisation benefits
Nearly 95% of supply chain and operations professionals are not fully capitalising on the potential benefits of digitalization, according to a DHL survey.The research report on digitalization in the supply chain found that new technologies and solutions are developing at a fast-pace and disrupting industries on multiple fronts, with supply ...
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HKIA achieves IATA cargo pharma certification
Hong Kong International Airport (HKIA) has been recognised as a Partner Airport of IATA’s CEIV Pharma programme.HKIA said it is one of the few airports to achieve this airport-wide certification, meaning it has "demonstrated expertise in handling the entire airside pharmaceutical transportation process end-to-end, from the time an aircraft lands ...
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Strong 2017 revenues for West Atlantic
Swedish cargo airline West Atlantic saw strong revenue growth in full year 2017, mainly generated from the contract with Royal Mail and the rise in e-commerce traffic.Revenues of SKr1.6bn were up 20.4 % year-on-year, but there were “significant sub-charter costs”, caused by aircraft delivery delays of Boeing 737-400 aircraft, maintenance ...
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Aramex extends Shop & Ship program
Aramex has launched its Shop & Ship (S&S) affiliate and partner program, coming shortly after the global launch of the S&S FLEX membership.S&S is an e-commerce last-mile delivery service from Middle East headquartered Aramex that enables global consumers to receive goods from online stores in the US, the UK, and ...
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New funding to boost JD.com’s logistics arm
Chinese e-tailer JD.com has signed an agreement with a number of investors to take a minority stake in its JD Logistics network.JD.com will remain the majority shareholder with an 81.4% shareholding in its logistics arm when the deal, which is expected to raise about $2.5bn, closes in the first quarter ...
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E-commerce boost for Aramex in 2017
E-commerce and express volume growth saw Middle East based logistics company Aramex report 2017 full-year revenues of AED4.7bn ($1.3bn), an increase of 9% on 2016.Dubai-headquartered Aramex said that its full year revenues were impacted by currency fluctuations, mainly in the Egyptian Pound.Excluding the impact of currency fluctuations, mainly in the ...
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Speedy logistics needed to earn e-commerce revenues says SEKO
Retailers and e-tailers that react quickest to the shift in e-commerce consumer behaviour for speed of delivery and product returns will earn customer loyalty and revenue growth, states SEKO Logistics.The UK is currently the third largest e-commerce market in the world, with 46% of UK small and medium enterprises (SMEs) ...