All Express Articles – Page 20
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News
UPS revenues up but profits down in Q4
UPS saw revenues increase during the fourth quarter on the back of "record shipments" but its profits took a hit as a result of pension charges.The express giant saw fourth-quarter revenues increase by 4.6% year on year to $19.8bn, but operating profits were down 2.9% on last year to $2bn ...
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DHL launches medical express service for Brazil-US pharma products
DHL Express has launched the DHL Medical Express Service (WMX) between Brazil and the US for the pharmaceutical and clinical research sector.DHL said that WMX, piloted in Brazil since November 2018, “addresses increased customer demand for faster and more predictable lead times, given the regulatory complexities that can delay exports”.The ...
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India's Blue Dart Express names Balfour Manuel as chief executive
India’s Blue Dart Express, part of the Deutsche Post DHL Group, has named Balfour Manuel as chief executive to “chart the company’s next chapter of growth”.Manuel, who has been with the Mumbai-headquartered company for 35 years, takes on the new role after being senior vice president in charge of Blue ...
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UPS in the Loop to reduce single-use packaging
UPS has begun testing Loop, a reusable and returnable packaging product, in Paris and New York as a first step towards full implementation in consumer markets.The US parcels and logistics giant, which has joined forces with recycling leader TerraCycle, said that Loop “eliminates the reliance on single-use packaging for consumer ...
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Leipzig/Halle sets record cargo tonnages for 14th successive year
Freight volumes at Germany’s Leipzig/Halle Airport rose for the fourteenth year in succession and increased to just over 1.2m tonnes in 2018, a 7.3% rise on prior year.Saxony’s economic affairs and transport minister, Martin Dulig, said of the freight increase: “Leipzig/Halle has consolidated its position as one of the top ...
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DHL Express to speed up delivery with new Copenhagen centre
DHL Express will speed up delivery times from Denmark with the opening of a DKr1bn hub at Copenhagen Airport.The new centre, located on the eastern freight area of the airport and due to open in 2023, will measure 26,172 sq m and will be able to handle nearly 37,000 packages ...
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European Commission 'infringed' UPS' rights by blocking TNT takeover
The European Court of Justice (ECJ) has ruled that the European Commission in Brussels infringed UPS’ rights when it stopped the US express parcel and logistics giant from buying TNT Express in 2013 for €2.2bn.A UPS spokesperson confirmed that UPS was proceeding with the process of suing the commission for ...
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FedEx to swoop on international express business of Israeli distribution firm
FedEx Express will acquire the international express business of Israeli logistics and distribution firm Flying Cargo Group.The announcement comes as Flying Cargo’s service agreement with FedEx Express is coming to an end.“Israel has been and remains an important market for FedEx, and our strong reputation in the market is built ...
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Pearson takes over at DHL Express
John Pearson has officially taken over as the new chief executive of DHL Express to replace Ken Allen.Pearson takes over the role from Allen, who is heading over to the parcel giant's new e-commerce division.He joined DHL Express in 1986, and served the company as chief executive in Asia Pacific, ...
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Ogiermann confirmed to head up CargoLogicGermany
Leipzig/Halle Airport-based CargoLogicGermany (CLG) has appointed Ulrich Ogiermann as its managing director and Dierk Näther as the airline’s number two.Until recently, 59-year-old Ogiermann worked in a dual role in London as senior vice president for operations at the Volga-Dnepr Group (VDG) and deputy general director of its consulting affiliate CargoLogicManagement ...
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FedEx drops Cuba plans
FedEx has dropped plans to start a five-times-a-week freighter service between Miami and Matanzas/Varadero in Cuba.In a letter to the US Department of Transportation the express giant said it is returning its five-weekly frequencies "effective immediately" as it evaluates alternative all-cargo service options to Cuba.The express firm had applied for ...
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SF Airlines adds freighter 50 and launches Bangkok route
On December 21 Chinese express carrier SF Airlines added its fiftieth freighter, shortly after adding number 49.The airline said that the delivery of a Boeing 757-200 converted freighter marked an important milestone as it officially becomes a medium-sized airline.In recent years, SF Airlines, which only started operations in 2009, has ...
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FedEx Q2 results tempered by European slowdown
FedEx saw second quarter revenues and profits improve in the midst of "another record setting holiday season" but its results were tempered by weakening conditions in Europe and China.The express giant saw total revenues for the period ended November increase by 9.2% year on year to $17.8bn and net income ...
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Return to e-sender: e-commerce returns hit a peak of 1.5m packages today
Consumers who went online shopping in the days before Black Friday are expected to begin returning more than 1m packages each day in December, peaking today (19th) at 1.5m packages.National Returns Day is expected to occur prior to Christmas, reflecting "just how deeply e-commerce is reshaping the retail universe," according ...
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Video:'Tis the season to shop online for a busy East Midlands Airport
East Midlands Airport (EMA) will see over 1m packages flown in and out of the UK hub each night during the busiest periods in the run-up to Christmas.To celebrate the role that EMA plays in ensuring people get the gifts they’ve ordered for Christmas on time, the airport has produced ...
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Krosch in new role at time:matters Group
Lars Krosch will from January 2019 take on the role managing director and chief operating officer (COO) at the time:matters Group, with responsibility for operations and finance at the Lufthansa-owned time critical logistics operator.Krosch, previously vice president sales and product development at time:matters, has gained extensive management experience in various ...
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Cunningham to retire from FedEx Express top job
FedEx Express president and chief executive David Cunningham will retire from the role on December 31.Raj Subramaniam, currently executive vice president, chief marketing and communications officer of FedEx Corporation, will succeed Cunningham.Cunningham began his FedEx career in 1982 in operations at the FedEx Express World Hub in Memphis, Tenn.Over his ...
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Canadian e-commerce boom helps fuel direct Vancouver freighter call
Canada’s rising tide of e-commerce was a key factor in the launch of a direct DHL Express flight into Vancouver from the integrator’s US hub in Cincinnati.The direct Boeing 757 freighter flight replaces a Boeing 767F which operated a Cincinnati-Seattle-Vancouver rotation and now terminates at the US west coast airport.Andrew ...
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Azul and Correios' e-commerce joint venture gains antitrust approval in Brazil
Brazil's postal service Correios and local passenger airline Azul have gained antitrust approval for their joint venture to create a logistics platform serving Brazil's e-commerce sector.The December 2017 Memorandum of Understanding (MoU) between the carrier's Azul Cargo Express unit and Correios to create a logistics company has been cleared "without ...
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FedEx launches 4x week Singapore – Sydney service
FedEx Express (FedEx) has launched a new dedicated four times a week service between Sydney, Australia, and Singapore.The company says new flight is designed to meet customer demand for increased capacity, particularly for heavyweight shipments. Customers in Singapore and Australia will benefit from the increased capacity and reliability to transport ...