All Express articles – Page 10
-
News
Strong Q3 for FedEx as it predicts ongoing freighter demand
FedEx saw revenues and profits rise in its fiscal third quarter results, while it also predicts ongoing bellyhold capacity shortages in air cargo.The express giant saw fiscal third-quarter revenues increase by 22.9% year on year to $21.5bn, operating profits improved 145.7% to $1bn and net income was up 64.7% to ...
-
News
DHL opens new Malpensa hub as it looks to expand in Italy
New DHL Milan Malpensa facilityDHL Express has opened a new €110m logistics hub at Malpensa Airport as part of an ongoing investment in Italy.The express giant said that from its new hub it would be able to operate more than 30 flights per day and handle nearly 38,000 pieces per ...
-
News
Leisure airline Condor to operate PAX-freighter flights for DHL
German holiday travel airline Condor will fly four of its Boeing 767s on behalf of DHL Express utilising belly capacity. The first cargo flights under the partnership took off this week.The Condor planes will be based at DHL Express’ largest European hub in Leipzig and will transport shipments along three ...
-
News
DHL Express adds SmartLynx Malta's converted A321Fs to fleet
DHL Express has entered into a partnership with SmartLynx Malta — an express logistics provider and member of Avia Solutions Group, which also owns aircraft charter broker Chapman Freeborn.The partnership was driven by significantly increased demand for e-commerce shipments and medical supplies such as PPE, as a result of the ...
-
News
ASL takes up options on 10 more B737 cargo conversions
Lessor and operator ASL Aviation Holdings will take up 10 options for the B737-800 Boeing converted freighter to meet integrator demand.ASL said the B737-800BCF aircraft will be operated mainly by ASL’s European airlines and will be introduced to meet the requirements of ASL’s express integrator customers.This deal follows the original ...
-
News
UPS sees revenues and profits increase as vaccine operations get underway
UPS posted increased revenues and operating profits in the fourth quarter of 2020 last year, as it started to transport coronavirus vaccines around the globe in the same period.The company's fourth-quarter 2020 consolidated revenue increased to $24.9bn, a 21% increase from the same period 2019.Adjusted net income was $2.3bn, 26.4% ...
-
News
FedEx to cut jobs and integrate TNT air network in Europe
Express firm FedEx plans to cut jobs in Europe and combine air networks as part of the integration of TNT.The US logistics giant acquired TNT for €4.4bn in 2016 as part of its European expansion plans and has been integrating IT systems and air, road and ground networks since then.The ...
-
News
DHL swoops on more B777 freighters as e-commerce demand takes off
DHL Express has ordered an additional eight new Boeing B777 freighters as it looks to expand its global network and meet demand in the "fast-growing international express shipping market".The first deliveries are scheduled for 2022 and DHL Express also has options on four more of the aircraft.The express firm said ...
-
News
DHL Express continues to deliver Covid-19 vaccines
DHL Express has operated more than 50 flights carrying Covid-19 vaccines to European destinations.The company said it is "perfectly equipped" and prepared to transport Covid-19 vaccines in Europe and beyond, thanks to its hub and gateway network spanning 60 countries and territories in Europe, as well as its fleet of ...
-
News
FedEx profits soar as e-commerce volumes take off
FedEx saw fiscal second-quarter revenues and profits improve as e-commerce growth fueled record volumes.The express giant, which operates 680 aircraft, employs 600,000 people and has 200,000 vehicles, saw fiscal second-quarter revenues increase by 19% year on year to $20.6bn, operating income was up by 165% on a year earlier to ...
-
News
First ATR 72-600 freighter delivered to FedEx
The first turboprop ATR72-600 production freighter has been delivered to express carrier FedEx as part of its fleet renewable programme.The feeder aircraft, based on the passenger model, took three years to develop and launch and offers around nine tonnes of capacity or 75 cu metres of space. It is ATR's ...
-
News
DHL delivers Israel's first Covid-19 vaccines
Last week, DHL Express and DHL Global Forwarding operated flights, carrying Covid-19 vaccines, to Israel.The vaccines onboard were the first to be received by the country and the initial flight, which was operated by DHL Express last Wednesday, was received by the country's Prime Minister, Benjamin Netanyahu.The next flight that ...
-
News
Time-critical firm Airspace Technologies eyes European expansion
Marcel AndriessenUS time critical logistics firm Airspace Technologies is looking to expand its European business after opening its first office on the continent earlier this year.The company opened Airspace B.V, which is its European headquarters, at Schiphol-Rijk in June this year, but will now look to expand its team further ...
-
News
DHL expands freighter deal with Cargojet
DHL Express has expanded its ACMI deal with lessor Cargojet through the addition of three permanent international routes.The new routes are operated by three dedicated B767-300F Cargojet freighter aircraft between Hamilton, Canada; DHL Express hub in Cincinnati, Ohio; and continuing to Monterrey, Mexico; and the UK.These routes were initially started ...
-
News
UPS ramps up dry ice production ahead of Covid-19 vaccines
Stirling ULT25 NEU Portable Ultra-Low Temperature Freezer 4Express firm UPS is ramping up its dry ice production capability as part of efforts to prepare for the launch of Covid-19 vaccines over the coming months.The company said that its UPS Healthcare division now can produce up to 544kgs of dry ice ...
-
News
SF Airlines adds new US service as fleet expansion continues
Express carrier SF Airlines has launched a new service to the US, while it has also continued with its fleet expansion.The service started on November 7 and is operating on a rotation of Shenzhen-Hangzhou-Los Angeles, utilising Boeing 747-400 capacity.The first flight carried general cargo and e-commerce the airline said.The two ...
-
News
SF Airlines launches Frankfurt freighter link
Express operator SF Airlines has launched a new freighter service between Wuhan and Frankfurt (FRA) to cater for e-commerce demand.The service represents SF Airlines' fourth to Europe and the third international route from Wuhan, following the launch of flights to Tokyo and Osaka earlier this year.The flight will be operated ...
-
News
FedEx: Seeking potential beyond Covid-19
For many people, the pandemic may not have been an ideal time to start a new job, but Kawal Preet — who took up her role as president, of Asia Pacific, Middle East and Africa (AMEA) in March — has risen to the challenge.Since starting, she has kept an eye ...
-
News
Blue Dart sees profits rise in Q2
India’s Blue Dart Express handed its staff a $352 bonus after posting a ₹414m ($5.6m) profit after tax for its fiscal second quarter 2020, a 196% increase on the ₹140m ($1.9m) in the same period of 2019.Blue Dart, which is preparing for the logistics of distributing a Covid-19 vaccine, saw ...
-
News
DHL Express braces for 'historical' peak season
DHL Express is predicting "unprecedented" levels of online shopping and shipping volumes during the upcoming peak season and is preparing its business accordingly.The express firm said that it had already experienced around 35% e-commerce volume growth in 2020 in its network and added that the upcoming peak season will further ...