Express – Page 4
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NewsUPS Q2 profit down 30% YoY
Volumes posed a challenge for UPS in the second quarter of this year, though results were bolstered slightly by the performance of the supply chain solutions division.UPS has announced second quarter consolidated revenues of $21.8bn, a 1.1% decrease from the second quarter of 2023.Consolidated operating profit was $1.9bn, down 30.1% ...
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Dimerco partners with Cathay for peak season China-US air cargo service
Dimerco Express Group is partnering with Cathay Pacific to run an air cargo charter service from Shanghai (PVG) to Chicago (ORD) during the fourth quarter peak season in a bid to capture air cargo demand.The once a week service will run from September 12 to December 5 using a Boeing ...
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NewsDHL Express teams up with Central Airlines on 777Fs
Source: DHL ExpressChina's Central Airlines will operate two Boeing 777 freighters on behalf of DHL Express as the German firm looks to expand its China network.The deal is the first time DHL has entered into an operating agreement with a Chinese cargo airline. The aircraft will have a dual DHL/China ...
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NewsFedEx to grow cargo facility at Clark Airport in the Philippines
From left: Lourdes Josephine Gotianun-Yap Chairman, LIPAD, Noel F. Manankil, President and CEO, LIPAD, Maribeth Espinosa, Managing Director, FedEx Philippines, Jenieryll Jomarie Mangalindan, Senior Manager for Operations, FedEx Philippines. Photo: FedExFedEx will expand its gateway facility at Clark International Airport (CRK) in the Philippines following the signing of an ...
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SF Airlines adds new China-Vietnam cargo link
SF Airlines has continued with the expansion of its network through the addition of extra flights to Vietnam.The China-based express giant has this week added a freighter route linking Shenzhen and Ho Chi Minh City, according to the Xinhua news agency.The flight will operate five times a week and offer ...
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NewsFedEx axes 22 757 freighters as express profits remain under pressure
FedEx revealed in its fiscal fourth-quarter results that it has retired 22 of its Boeing 757 freighters as it looks to better match capacity to market demand. The move sees the express giant reduce its 757F fleet to 92 aircraft as of May 31, compared with 115 at the same ...
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NewsDHL Express ramps up use of electric vehicles at Brussels
Source: Brussels AirportDHL Express is ramping up its use of electric ground-handling vehicles at Brussels Airport as part of efforts to reduce its emissions output.The investment means that one in three tractors and loaders used by DHL Express at the Belgian hub are now fully electric.In total, DHL has put ...
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Newstime:matters expands airfreight express in Shanghai
time:matters is opening a new courier terminal at Shanghai Pudong Airport for handling courier and express airfreight shipments. Source: time:matters GmbHGerman time critical logistics company time:matters will this month open a courier terminal at Shanghai Pudong International Airport for handling courier and express airfreight shipments.The courier terminal is being constructed ...
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FedEx plans to cut up to 2,000 jobs in Europe
FedEx is planning to cut thousands of jobs in Europe as it continues to struggle with sluggish market conditions.The express giant said that it would let go between 1,700 and 2,000 members of its back-office team on the continent - around 3-4% of its 52,000 European employees.It hopes the move ...
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NewsNippon Express launches new Japan-US airfreight service
Exterior view of Columbus, Ohio branch. Photo: Nippon ExpressNippon Express (NX) has launched a new airfreight service from Chubu Centrair International Airport in Japan to Cincinnati/Northern Kentucky International Airport (CVG) Airport in Kentucky to serve demand in nearby Ohio.The Japanese logistics company said cargo bound for Ohio has until now ...
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NewsFedEx completes first flight to UK's Teesside International
Source: Teesside InternationalTeesside International Airport in the UK northeast has welcomed its first FedEx flight after signing a five-year deal for an airfreight handling facility at the airport.The first flight of the new partnership was carried out by a Boeing 737-400 (OE-IAE) and arrived at Teesside from Edinburgh Airport on ...
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NewsLevu Air Cargo scores Latin American first with A321F partnership
Source: SmartLynx Levu Air Cargo will lease an Airbus A321 freighter from SmartLynx Airlines to become the first carrier in Latin America to operate the type. The dry-leased aircraft last week arrived in Recife, Brazil to begin the registration process under the National Civil Aviation Agency of ...
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Teleport raises the bar for parcel deliveries
Integrated logistics provider Teleport aims to deliver 2m parcels daily by 2025 to match global express players.The Malaysia-based company is ramping up its next-day airfreight delivery services as more cross-border e-commerce volumes flow into southeast Asia.Pete Chareonwongsak, chief executive of Teleport, said: “The market is ready. We are ready. We ...
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NewsDHL Express adds direct Hong Kong-Australia freighter flights
Source: Thanhliemnguyen/ Shutterstock.comDHL Express has added a new flight between Hong Kong and Oceania to cater for rising demand.The new service operates five times per week using a Boeing 777-200 freighter between Hong Kong and Sydney.It replaces the current Hong Kong-Singapore-Sydney route to meet the rise in shipment volume ...
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NewsDB Schenker launches onboard courier service
Thorste Meincke. Photo: DB SchenkerDB Schenker has introduced a standardised onboard courier (OBC) service for customers in need of urgent courier service solutions for small and high-value shipments.The logistics company has set up an OBC service team that operates from three different continents to guarantee a 24/7 availability for OBC ...
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FedEx profits improve as cost cutting takes effect
FedEx saw its profits improve in the third quarter of its fiscal year despite revenues coming under pressure due to weak market conditions.The express giant saw its fiscal year third-quarter revenues decline by 2% year to $21.7bn, but operating income improved by 19% on last year to $1.2bn and net ...
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NewsNew Brisbane post hub to meet e-commerce boom
Source: Brisbane AirportAustralia Post is to build a $50 million parcel facility at Brisbane Airport Industrial Park, the largest project ever at the gateway.Expected to open in early 2026, the 33,600sqm Brisbane North Parcel facility will be the second largest in the state. With South East Queensland’s population expected to ...
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NewsKessler takes up new role at UPS
Source: UPSUPS has announced that it has named Markus Kessler as its country cluster manager for the UK, Ireland, Sweden, Denmark, Norway, Finland and Iceland.He will be responsible for overseeing small package operations and driving business development and strategy in the region.The area is home to some of UPS’s most ...
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NewsFedEx pilots request release from mediation
Source: Air Cargo NewsThe Air Line Pilots Association, Int’l (ALPA) – the largest airline pilot union in the world, and one that represents more than 77,000 pilots flying with 42 US and Canadian airlines – has confirmed that FedEx Express pilots that it represents have filed a request with the ...
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NewsQatar Cargo set to exit 747-8F operations as UPS takes aircraft
Source: Matheus Obst/ Shutterstock.comQatar Airways Cargo looks set to offload its two Boeing 747-8 freighters with UPS adding the two jumbos.Speaking following the announcement of its quarterly results, UPS chief financial officer Brian Newman confirmed that it had acquired two 747-8Fs "through Qatar".Newman said the aircraft additions were part of ...