All Express articles – Page 4
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NewsDHL Express to expand in Estonia with new airport complex
Picture: Tallinna LennujaamDHL Express Estonia is developing a new logistics facility at Tallinn Airport as its current building cannot handle growth expectations.The express firm has signed a 15-year cooperation agreement with airport operator Tallinna Lennujaam to develop a new 7,260 sq m complex with a fully automated sorting system in ...
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FedEx to ground more planes as profits come under pressure
Express giant FedEx will ground more aircraft after both revenues and operating income declined during its fiscal fourth quarter of the year due to "demand weakness and cost inflation".In a results call, FedEx Corporation president and chief executive Raj Subramaniam said that the company had retired 18 aircraft, including 12 ...
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NewsDHL Express plans new airside Helsinki facility
Copyright: AVIA Real EstateDHL Express Finland will open a new €100m facility at Helsinki Airport in response to growing demand.The facility is due to be completed in the second half of 2025 and will allow DHL aircraft parked on the apron to be reached directly from the building.It will measure ...
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FedEx union leaders approve pilot deal
The FedEx Master Executive Council (MEC), the governing body of the FedEx unit of the Air Line Pilots Association, Int’l (ALPA), have approved a tentative pilot contract reached with the express airline last month.The tentative contract agreement, which was reached on May 30, will now go to a membership ratification ...
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DHL Express adds GoGreen Plus in Hong Kong
DHL Express has announced the launch of a new service that will allow customers in Hong Kong to reduce associated with shipments through the use of Sustainable Aviation Fuel (SAF).GoGreen Plus service is available through the MyDHL+ online portal and is made possible through the express firm's SAF partnership with ...
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NewsEtihad Cargo and SF Airlines link up networks
Source: Etihad CargoEtihad Cargo and China-based express carrier SF Airlines have signed a Memorandum of Understanding (MoU) to link their respective networks.The MoU will see the two carriers operate flights via their two hubs starting in April. Etihad said the tie-up would enable it expand its reach into China with ...
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FedEx to consolidate operating companies to cut costs
Express giant FedEx has unveiled plans to consolidate its various divisions as part of efforts to generate cost savings of $4bn.The company intends to bring FedEx Express, FedEx Ground, FedEx Services, and other FedEx operating companies into the Federal Express Corporation, becoming a single company operating a "unified, fully integrated ...
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NewsNo signs of the end of globalisation... yet
A recent study released by DHL Express and New York University’s Stern School of Business appears to show that globalisation has yet to go into reverse contrary to many people's expectations.The report measures globalisation by looking at flows of trade, capital, information and people to create a global connectedness index.The ...
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FedEx raises expectation as cost cutting continues
FedEx saw fiscal third-quarter revenues and profits fall on last year but the company beat expectations and has raised its outlook as its cost-cutting measures continue.For the quarter ending February 28, the parcels giant reported a 5.9% year-on-year revenue decrease to $22.bn, operating income was down 24.5% to $1bn and ...
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NewsUPS expands at Changi Airport as it targets e-commerce
Source: UPS. Photo: RENDY ARYANTO/VVS.sgUPS has expanded its operations hub at Changi Airport as it looks to meet growing e-commerce demand following the pandemic.The hub has been increased in size by 25% to allow the company to process 40% more import packages. Export processing capacity meanwhile is boosted by 45%, ...
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NewsChallenge Group facilitates fashion
Photo: Challenge GroupChallenge Group has been busy supporting some of the world’s top fashion designers during February – the month when four of the world’s most prominent fashion weeks take place.“Milan, New York, and China Fashion weeks are routine staples in our annual Challenge Air Cargo operations,” said Or Zak, ...
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NewsDHL Express to offer SAF service for shipments
Source: DHL ExpressDHL Express has launched a new service that will allow customers to reduce carbon emissions associated with their shipments through the use of Sustainable Aviation Fuel (SAF).The GoGreen Plus service allows customers to tailor the CO2e reduction they want to achieve and the amount of SAF they use ...
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NewsFedEx adds new sorting tech at Stansted
Source: FedEx ExpressFedEx Express Europe has implemented new package sorting technology at its Stansted Airport facility in the UK to help meet rising demand.FedEx said the new automated scanning and sorting technology "speeds up the flow of exports through the site’s operations".Around 80% of shipments bound for international markets are ...
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FedEx predicts soft peak season for e-commerce in Europe
Express giant FedEx is predicting a soft peak season for e-commerce volumes in Europe due to economic pressures.The company said that last year it shipped more than 11m e-commerce parcels across Europe, which was 15% up on an already strong 2021, but this year volumes are expected to drop.Karen Reddington, ...
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UPS completes Bomi Group purchase to expand in healthcare
Express giant UPS has completed its acquisition of healthcare logistics provider Bomi Group to expand its presence in Europe and Latin America.The purchase, first announced earlier this year, will give the firm's healthcare unit, UPS Healthcare, temperature-controlled facilities in 14 countries, and 3,000 highly-skilled employees to the UPS team across ...
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NewsSkyTeam Cargo marks 20 years of branded products
Image source: SkyTeam CargoGlobal airline alliance SkyTeam Cargo is marking 20 years of delivering tailormade airfreight solutions for every type of cargo through its four key pillar products.Launched in 2002 and rebranded in 2018, SkyTeam Cargo’s membership comprises Aerolíneas Argentinas Cargo, Aeromexico Cargo, Air France-KLM Cargo, China Cargo Airlines, Czech ...
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NewsAeroLogic management appointments
Image source: Lufthansa Cargo; Katharina Prost.Katharina Prost has been appointed managing director finance and administration at AeroLogic, the joint venture between DHL Express and Lufthansa Cargo.Joe Moser has also been confirmed as active managing director operations and accountable manager at AeroLogic.Prost previously served as managing director at Aeromar, a joint ...
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NewsFedEx Express opens new Incheon gateway
Inage source: FedExFedEx Express is bolstering support for cross-border trade, e-commerce growth and pharma logistics in South Korea with the launch of its new gateway at Incheon International Airport.The FedEx Gateway spans 23,395 sq m, more than double the size of the previous facility, and is equipped with 78 conveyor ...
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NewsDeutsche Post sees 20% revenue surge in Q3
View of the forecourt of the Post Tower in Bonn with waving flags. Image source: DP DHLDeutsche Post DHL Group saw continued strong growth in the third quarter of 2022, increasing its revenue by 20% over the same period last year to €24bn.Group chief executive Frank Appel said: "The first ...
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NewsUPS opens new Lyon facility and appoints Kiliç
Source: UPS FranceUPS France has opened a new building at Lyon Saint Exupéry Airport and also appointed a new general manager.The new €12m facility measures 3,000 sq m and can sort up to 3,000 packages per hour – more than double the capacity of the previous installation.The hub offers temperature-sensitive ...