All Express articles – Page 9
-
NewsUPS revenues up despite package volume decline
Carol Tomé, chief executive, UPS. Image source: UPSUPS saw its second-quarter revenues and profits improve on a year earlier despite volume declines as shoppers return to retail outlets.The US express firm achieved revenues of $23.4bn, a 14.5% increase on the same period of 2020. The company also noted a 47.3% ...
-
News
DP DHL ups forecast as it expects record Q2 profits
Deutsche Post (DP) DHL has reported record operating profits in its preliminary second-quarter results and upped its outlook for the year.The logistics and postal giant said its preliminary operating profit (ebit) for the second quarter has reached a record level of €2.1bn compared with €912m on last year.The company said ...
-
Insights
Putzger Perspective: Parcel monster?
Over the past 15 months, e-commerce has been the chief engine of growth for air cargo, as well as other sectors, from warehousing to fulfillment technology start-ups, but is the industry nurturing a monster with dire consequences for many forwarders and airports?Two years ago there was a lot of skepticism ...
-
NewsHellmann set for Innight Express acquisition
Tobias Maue, Tamás Aradi, Zoltán Csombok, Wilfried Hesselmann and Zsuzsanna Fazekasne Bencze. Source: HellmannHellmann Worldwide Logistics will acquire overnight express provider Innight Express as it aims for expansion in central and eastern Europe.The express firm is based in Hungary and Romania and the two shareholders, Tamás Aradi and Zoltán Csombok, ...
-
News
FedEx reduces Liege hub job cuts
Fewer FedEx employees will be made redundant at its Liege hub as a result of demand increases and discussions with unions.The express giant had announced a series of job cuts in January as a result of the integration of the air network of TNT Express, which it purchased for €4.4bn ...
-
News
FedEx to add freighters and boost spending to meet demand
FedEx will boost spending over the coming year and add more freighter orders to meet growing e-commerce demand.Announcing its results full-year results for fiscal year ended May 31, the express giant said it expected to spend around $7.2bn in FY 2022 compared with around $5.9bn last year.Meanwhile, FedEx will exercise ...
-
News
Cainiao partners with Hainan government to help it become a "smart supply chain zone"
Cainiao Smart Logistics Network has entered into a public-private partnership with the Hainan government to support the province's development as a global smart supply chain zone.Cainiao’s chief executive Lin Wan and Hainan Provincial Bureau of International Economic Development director Shengjian Han jointly announced the partnership at Global Smart Logistics Summit ...
-
NewsiAero Airways to operate flights for DHL Express
iAero Airways 737 FleetUS aircraft charter airline iAero Airways, part of the iAero Group aviation investment platform, has expanded its service to operate six DHL freighters.The latest aircraft to be added, a Boeing 737-800F, will operate on an ACMI basis by iAero Airways, while the other five existing aircraft are ...
-
NewsDHL Express on the rapidly changing Asian market
The express market in Asia is growing rapidly and while that presents an opportunity, capitalising on that growth has its own set of unique challenges in today's market.Speaking to Air Cargo News, DHL Express executive vice president, network operations and aviation Sean Wall describes the last couple of years as ...
-
NewsSmartLynx Malta expands fleet and DHL partnership with its first freighter
Malta-based carrier SmartLynx is introducing an Airbus A321 freighter to its fleet, which will be operated by DHL Express as part of their partnership first formed in February.The aircraft (9H-CGA) is the first freighter to be introduced to the carrier’s fleet. It is also the first aircraft of its type ...
-
NewsTasman Cargo launches Changi freighter flights for DHL
Tasman Cargo Airlines has launched a new freighter service between Changi Airport and Australia, becoming the first freighter operator based in the country to offer services to the Singapore hub.The five-times-per-week services utilisises a B767-300 freighter and operates on a loop of Melbourne-Darwin-Singapore (bi-directional).The flight is chartered by DHL Express ...
-
News
ATSG adds another lease deal with DHL in the US
Lessor Cargo Aircraft Management (CAM) will lease four additional Boeing 767-300 converted freighters to DHL Network Operations USA.The stand-alone dry-lease agreements are each for a term of seven years, with three of the four to be delivered during the second half of 2021 and the fourth in early 2022.The leased ...
-
News
Shake up at DHL Express' European airlines
DHL Express is launching a new airline in Europe and focusing its UK carrier on international operations through the addition of B777Fs.The express giant plans to launch a new cargo airline based in Austria and is in the process of filing applications with the Austrian authorities.The Austrian airline, which DHL ...
-
News
DHL Express adjusts Southeast Asia network to meet e-commerce demand
DHL Express will offer dedicated freighter flights to Ho Chi Minh and Penang from its Hong Kong hub as it looks to meet growing e-commerce demand.The express firm said that it will serve Penang five-times-per week from its central Asia Hong Kong hub, while the new flight to Ho Chi ...
-
NewsBlue Dart to trial pharma drone delivery in India
Express delivery firm Blue Dart will begin trials of delivering pharma and medical shipments to remote locations in India using drones.The company has established Blue Dart Med-Express Consortium to join the Medicine from the Sky project in collaboration with the Government of Telangana, World Economic Forum, government agency Niti Aayog ...
-
News
Japan Post's sale of Toll Global Express 'painful'
Japan Post Holdings is expected to sell Toll Global Express at a loss as it looks to offload the troubled business.Earlier this week, Toll Group announced that it had entered into an agreement for the sale of its Global Express business to Australian private equity fund manager Allegro Funds.The Global ...
-
NewsSF Express expects to have 1,000 VTOL cargo drones by 2031
Chinese express firm SF Express expects that in the next 10 years it will have a fleet of more than 1,000 large vertical take off cargo drones (UAVs) to meet remote delivery requirements.Slovenian aerospace firm Pipistrel yesterday revealed that it would provide UAVs to be used alongside a digital flight ...
-
News
DHL Express adds B777F capacity between Asia Pacific, the US and Europe
DHL Express has added capacity between destinations in Asia Pacific, the US and Europe to meet growing demand, particularly for e-commerce.The carrier said it will utilise Boeing 777 freighters to offer weekly capacity of almost 2,350 tonnes.One of the B777Fs will be operated by DHL Express' partner airline Kalitta Air, ...
-
NewsUPS to purchase up to 150 electric cargo aircraft
Artist's impression: UPS electric aircraftUPS has revealed plans to purchase electric aircraft as an alternative to fixed-wing planes for time-sensitive deliveries .The express giant said that through its UPS Flight Forward subsidiary it would purchase the electric Vertical Takeoff and Landing (eVTOL) from Beta Technologies to augment its air service ...
-
NewsDP DHL targets aviation emissions with €7bn sustainability pledge
As part of its new sustainability roadmap, announced today, Deutsche Post DHL Group (DP DHL) is investing €7bn in green technologies, such as sustainable aviation fuel, to help it further reduce its Co2 emissions over the next ten years.The sustainability roadmap, which covers the company's operations until 2030, are in ...