UPS

UPS grows healthcare logistics capabilities with acquisitions

UPS has struck a deal to grow its healthcare logistics capabilities with the acquisition of Germany-based Frigo-Trans and its sister…

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Top 25 cargo carriers: Cargo goes slow on growth in 2023

Air cargo demand in 2023 was slow to recover from the previous year’s market slump and the top 25 cargo…

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UPS 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…

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UPS to acquire Estafeta

UPS has entered into an agreement to acquire Mexican express delivery company Estafeta, including a fleet of six aircraft. The…

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Freighter emissions up 25% since 2019

Greenhouse gas (GHG) emissions generated by freighter aircraft have grown by 25% since 2019, according to environmental campaign group Stand.earth….

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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…

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UPS opens first healthcare facility by Dublin Airport

UPS has opened its first dedicated healthcare facility in Dublin to support the pharma and medical industry supply chain in…

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Future of the 767F given a boost as US Senate backs emissions exemption

Production of the Boeing 767 freighter has been given a lifeline after the US Senate approved a bill that would…

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UPS revenue drops 5% in Q1

Express services giant UPS recorded consolidated revenue of $21.7bn in the first three months of this year, a 5.3% fall…

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Stricter air cargo monitoring “not a concern”

Air cargo stakeholders are not concerned about the prospect of increased industry scrutiny following recent aircraft manufacturing-related safety incidents. During…

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