All Express Articles – Page 31
-
News
Cross-border e-commerce set to outpace domestic online orders
Cross-border e-commerce is predicted to grow at twice the rate of domestic online retail, with an estimated 25% compound annual growth rate (CAGR) until 2020 worth $900bn, according to a new survey.Ken Allen, chief executive of research sponsor DHL Express, said: “Going global and going premium is an opportunity for ...
-
News
FedEx's Fred Smith: Decision to quit TPP "unfortunate"
FedEx founder and chief executive Fred Smith has hit out at the US president’s decision to withdraw from the TPP trade deal saying being cut off from trade would be like “trying to breath without oxygen”.Speaking today on the Fox Business Network’s Maria Bartiromo programme, FedEx’s Fred Smith said the ...
-
News
TPP of the iceberg as Trump withdraws US from trade pact
US president Donald Trump has signed an executive order to withdraw from the Trans-Pacific Partnership (TPP).The TPP includes 12 nations that account for around 40% of the world’s economic output and would have cut 18,000 tariffs between the countries to help boost trade.The 12 countries that signed up for the ...
-
NewsHappy days for Cunningham at FedEx Express
David Cunningham's promotion as head of FedEx Express has been fast tracked from the original 2018 start date.Cunningham will succeed David Bronczek as president and chief executive of FedEx Express, a subsidiary of FedEx Corp and the world’s largest cargo airline.Bronczek has been promoted to the new role as president ...
-
News
DHL and Gavi form vaccine delivery alliance
Deutsche Post DHL Group (DP-DHLG) is teaming up with Gavi, the Vaccine Alliance, in a global partnership to improve vaccine supply chains.Over the next three years, the Germany-based global logistics giant will provide Gavi-supported countries with efficient supply chain solutions to improve health care delivery.A joint statement by the two ...
-
News
Details emerge about SF Express' plans for new Chinese cargo hub
Asia-based express giant SF Express has revealed more details about plans to set up a huge new air cargo airport in central China.The fast-growing company plans to build the airport in Ezhou City in the Hubei province of central China, according to Asia Times.The airport will be able to handle ...
-
News
UPS completes purchase of pharma logistics firm Marken
UPS has completed the acquisition of Marken, a global supply chain specialist serving the pharmaceutical and life science industries, as it looks to strengthen its presence in healthcare logistics.The deal was first announced in November, but the transaction closed on Wednesday when Marken became a wholly owned subsidiary of UPS.“Healthcare ...
-
NewsFedEx earnings per share miss expectations on investments in new ground hubs
FedEx saw its share price drop by around 3% yesterday as its earnings per share missed market expectations on the back of investments in its ground segment.The US express giant recorded second fiscal-quarter adjusted earnings per share of $2.80 on the back of a 3% increase in operating income to ...
-
News
12send express service gets the seal of approval from KLM and Schiphol
Amsterdam Airport Schiphol and KLM Cargo have given their support to a new same-day intra-European air cargo service.The same-day intra-European air cargo delivery is the responsibility of a start-up called 12send, of which Dutch company Parcel International is the majority stakeholder. KLM Cargo and Schiphol Cargo also contributed to the ...
-
News
PEMCO redelivers the first of three Longhao converted B737 freighters
Pemco World Air Services (PEMCO) has redelivered its first Boeing 737-300 passenger-to-freighter converted aircraft to China's Guangdong Long Hao Aviation Group.The Guangzhou-based group has two more PEMCO-converted B737-300 aircraft in process, with options for additional conversions to meet its expansion.“We are delighted to see the first aircraft finish conversion and ...
-
News
Jersey Post buys Heathrow broker
Jersey Post has bought Heathrow Airport-based customs broker HICS Worldwide. The Channel Islands postal organisation sees international customs clearance as critical to the growth of its e-commerce business.HICS Worldwide offers a complete brokerage package for courier, airfreight and sea freight arrivals in the UK and currently has full clearance facilities ...
-
News
Blue Dart Aviation becomes wholly owned by parent express firm
Indian express firm Blue Dart Express has bought all remaining shares of its aircraft operating subsidiary Blue Dart Aviation.The express firm, which is 75% owned by DHL, said in a stock exchange announcement it would increase its stake in the airline from the current 74% to 100%.Blue Dart Aviation was ...
-
News
UPS confirms investment in Columbus facility
UPS has announced that it will invest more than US$175m to expand its main Columbus, Ohio ground package hub on the City’s west side, just one part of what it says is a “multi-year plan to modernize its global network operations and capacity”.When completed in the autumn of 2018, sorting ...
-
News
DHL Express invests in the Americas
DHL Express, the world’s leading express shipping and logistics provider, has confirmed that it intends to maintain the ongoing investment in its footprint and capability in the US and the wider Americas region while growth there continues to “meet expectations”.It said that the $185m investment it has earmarked for the ...
-
News
UPS adds Californian flights ahead of the peak season
UPS will add flights out of San Bernardino International Airport (SBD) in California to cover the peak season rush in demand.From December, the US express operator will operate four flights per week from between the airport and UPS' Louisville hub using a Boeing 757 aircraft.President of UPS’ South California District ...
-
News
DHL invests in Indian air hubs to cater for e-commerce growth
DHL and express airline Blue Dart Express are expanding their air hubs in Delhi and Mumbai as they look to capitalise on the country’s fast-growing e-commerce market.Through subsidiary Blue Dart Express, DHL’s eCommerce business has announced it will spend €70m on automating equipment at the Delhi and Mumbai hubs, which ...
-
News
AMI celebrates its 40th birthday
AMI is celebrating its 40th birthday this month after being launched in 1976 and growing to become the world's largest airfreight wholesaler.The company was originally launched as part of the Air Marketing International group in 1976 but two years later split away under founder and managing director Tony Realff.AMI’s trade-only ...
-
News
DHL signs up for four A330 conversions
DHL Express has signed a contract to convert four Airbus A330-300 passenger aircraft into 61-tonne payload, 26-pallet, freighters with EFW – a joint venture between Airbus and engineering company ST Aerospace.EFW will carry out the work at its Dresden site from July, and the aircraft are scheduled to be delivered ...
-
News
FedEx opts for long-term peak season freighter deal with Atlas
FedEx has moved to a long-term agreement with lessor Atlas Air to provide it with extra freighter aircraft to cover extra demand during the peak shipping season.Atlas Air revealed today that it had entered into a five-year agreement with FedEx Express that will see it provide the parcel giant with ...
-
NewsRapid growth and need for speed fuels DHL's Leipzig investment
When DHL Express first announced plans to switch its main European hub to Germany’s Leipzig-Halle Airport in 2005 it was hard to imagine how quickly freight tonnages would increase once the facility was open.In 2007, the year before the new DHL hub was opened, the airport handled 101,364 tonnes. In ...