Express – Page 15
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NewsTrump wins vote to set higher inbound US package rates
President Trump has won his battle for the US Postal Service (USPS) to be paid higher rates for inbound international packages entering the US domestic postal system, in a moved aimed primarily at e-commerce consignments from China.Some analysts have suggested that US inbound package rates could rise by up to ...
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NewsNippon Express takes 22% stake in Indian logistics specialist Future Supply Chain Solutions
Japanese logistics giant Nippon Express will acquire a 22% stake in India’s Future Supply Chain Solutions (FSC), with the two companies planning to explore business opportunities in India’s fast growing 3PL and express logistics sectors.Nippon Express said in a statement that an important part of its “core strategy” is to ...
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NewsNew Tigers SmartHub:Connect feature enables stock checks and tracking for customers
Tigers has launched a new 'purchase order (PO) suite' feature in for its Cloud-based SmartHub:Connect (SH:C) platform.The new PO feature will enable customers to track factory orders and plan marketing campaigns related to stock availability – for calendar events such as as Cyber Monday, Black Friday and Christmas.Already available in ...
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NewsFedEx teams up with Walgreens and Wing Aviation for US drone deliveries
Wing Aviation droneDrone firm Wing Aviation, FedEx Express and US retailer Walgreens are planning to launch a "first-of-its-kind drone delivery service" in Christiansburg, Virginia next month.The pilot programme aims to demonstrate the "many benefits of drone delivery to communities by exploring methods to enhance last-mile delivery service, improve access to ...
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FedEx to cut freighter capacity on weak outlook
Express giant FedEx will cut its freighter capacity in response to weaker macroeconomic conditions.Speaking after the company announced its fiscal first-quarter results, FedEx chairman Fred Smith said the airline would retire 20 MD-10-10 aircraft over the current and next fiscal year to eliminate that fleet type from its operation.Meanwhile, it ...
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NewsLet the Rugby World Cup begin – all thanks to DHL
DHL Express has delivered all the equipment for the Rugby World Cup in Japan in time for the start of the tournament on 20 September.The carrier moved a total of 67,000 kg of equipment and training and technical gear for all 20 teams internationally and domestically in Japan, as well ...
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NewsCargoLogic Germany ready to go as AOC confirmed
After a protracted process, the CargoLogic Germany team is ready to goThe German civil aviation authority has confirmed CargoLogic Germany (CLG)’s Air Operator Certificate and the new carrier is now ready to start commercial operations.The Leipzig-Halle-based carrier said it would initially focus on providing short-term capacity across Europe but aimed ...
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SF Airlines adds new Bangladesh route
Chinese express operator SF Airlines has added a new freighter service between Changsha, China, and the capital of Bangladesh, Dacca, to cater for general cargo and perishable demand.The airline said the first flight took place on August 5 utilising a Boeing 757-200F aircraft.The carrier said the route is the fourth ...
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NewsUPS announces new chief financial officer
Brian NewmanExpress firm UPS has announced that chief financial officer Richard Peretz will retire and be replaced by Brian Newman, currently executive vice president, finance and operations, Latin America for PepsiCo.Newman, who will take up the role on Septemebr 16, will join the UPS Management Committee, the senior-most leadership team ...
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time:matters expands Africa reach
Express logistics provider time:matters has opened a new hub in Brussels and expanded its coverage in Africa, offering 81 direct flights between the Belgian city and 16 African destinations every week with immediate effect.The company is using Brussels Airlines’ network to offer transportation of time-critical shipments to Abidjan, Accra, Banjul, ...
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UPS up in Q2 thanks to rising demand for next-day air services
Express firm UPS saw revenues and profits increase during the second quarter of the year on the back of increasing demand for next-day air services.The company reported a 3.4% year-on-year increase in revenues to $18bn during the period, while net income increased by 13.5% on a year earlier to $1.5bn.UPS ...
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UPS to launch drone business and SME e-commerce delivery operation
UPS is launching an international delivery service for small and medium size retailers in order to capture a slice of surging cross-border e-commerce, forecast to total $1trn by 2020, while it has also announced the launch of a new drone business.The UPS Economy service will connect key e-commerce destinations across ...
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NewsTeleport invests in e-commerce provider
From left to right: managing director Malaysia of Gobi Partners Jamaludin Bujang; chief executive of AirAsia Group Tony Fernandes; founder and CEO of EasyParcel Clarence Leong; and chief executive of Teleport Pete Chareonwongsak. They are flanked by AirAsia cabin crewTeleport, the cargo and logistics wing of AirAsia that was formerly ...
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NewsFedEx adds its first B767F to its European network
FedEx B767FFedEx has expanded capacity on its London-Paris-Dublin flight through the introduction of a Boeing 767-300 freighter - the first of the aircraft type to fly in Europe for FedEx.The express operator said the new aircraft can carry 41 tonnes, which is around 16% more than the A300F that it ...
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NewsUPS invests in Asian express operations
UPS ShenzhenExpress firm UPS has revealed a series of investments in Asia that it claimed would increase its service footprint and expedite delivery times.The company said that in the first half of the year it had invested in the following: Shenzhen Asia Pacific Air Hub upgrades that increased the hub’s ...
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FedEx reports 'solid growth' in Europe to Asia demand
FedEx has reported “solid growth” on volumes heading from Europe to Asia this year, despite a slowdown in the headhaul direction.FedEx Express Europe president Bert Nappier told Air Cargo News that the eastbound trade from Europe was a major focus for the business globally.“This [Europe to Asia] lane represents an ...
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NewsAir Menzies International signs up for new supply chain software
Airfreight and express firm Air Menzies International has signed up to use BluJay Solutions' new supply chain software across its global operations.The new platform, comprised of BluJay’s Transportation Management, Customs Management, and Control Tower applications, will replace AMI’s current operating systems.Steven Ritchie, Vice President, Information Technology at AMI, said: “This ...
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NewsUS-China trade tensions dent air cargo outlook
The DHL Global Trade Barometer (GTB) is indicating a contraction in worldwide trade over the next three months for the first time since its launch in January 2018.The quarterly trade index for the coming three months now stands at 48 points, which as it is below 50, indicates expectations of ...
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FedEx reports Q4 results and warns of a tough year ahead
FedEx reported a fourth quarter fiscal year loss and has warned that earnings for 2020 will be affected by weakness in global trade.The company reported a fourth-quarter revenue increase of 2.9% to $17.8bn, but a net loss of $1.97bn compared with a profit of $1.13bn for the prior year.The company ...
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Fred Smith of FedEx slams 'protectionist' US trade policy
FedEx founder Fred Smith has renewed his criticism of President Trump and his administration’s simmering trade dispute with China, saying that the US had become “protectionist,” defined as: “I will make everything I need in my own borders”.Smith, chairman and chief executive of the US parcels and logistics giant, told ...