Express – Page 18
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European Commission 'infringed' UPS' rights by blocking TNT takeover
The European Court of Justice (ECJ) has ruled that the European Commission in Brussels infringed UPS’ rights when it stopped the US express parcel and logistics giant from buying TNT Express in 2013 for €2.2bn.A UPS spokesperson confirmed that UPS was proceeding with the process of suing the commission for ...
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FedEx to swoop on international express business of Israeli distribution firm
FedEx Express will acquire the international express business of Israeli logistics and distribution firm Flying Cargo Group.The announcement comes as Flying Cargo’s service agreement with FedEx Express is coming to an end.“Israel has been and remains an important market for FedEx, and our strong reputation in the market is built ...
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Pearson takes over at DHL Express
John Pearson has officially taken over as the new chief executive of DHL Express to replace Ken Allen.Pearson takes over the role from Allen, who is heading over to the parcel giant's new e-commerce division.He joined DHL Express in 1986, and served the company as chief executive in Asia Pacific, ...
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Ogiermann confirmed to head up CargoLogicGermany
Leipzig/Halle Airport-based CargoLogicGermany (CLG) has appointed Ulrich Ogiermann as its managing director and Dierk Näther as the airline’s number two.Until recently, 59-year-old Ogiermann worked in a dual role in London as senior vice president for operations at the Volga-Dnepr Group (VDG) and deputy general director of its consulting affiliate CargoLogicManagement ...
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FedEx drops Cuba plans
FedEx has dropped plans to start a five-times-a-week freighter service between Miami and Matanzas/Varadero in Cuba.In a letter to the US Department of Transportation the express giant said it is returning its five-weekly frequencies "effective immediately" as it evaluates alternative all-cargo service options to Cuba.The express firm had applied for ...
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SF Airlines adds freighter 50 and launches Bangkok route
On December 21 Chinese express carrier SF Airlines added its fiftieth freighter, shortly after adding number 49.The airline said that the delivery of a Boeing 757-200 converted freighter marked an important milestone as it officially becomes a medium-sized airline.In recent years, SF Airlines, which only started operations in 2009, has ...
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FedEx Q2 results tempered by European slowdown
FedEx saw second quarter revenues and profits improve in the midst of "another record setting holiday season" but its results were tempered by weakening conditions in Europe and China.The express giant saw total revenues for the period ended November increase by 9.2% year on year to $17.8bn and net income ...
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Return to e-sender: e-commerce returns hit a peak of 1.5m packages today
Consumers who went online shopping in the days before Black Friday are expected to begin returning more than 1m packages each day in December, peaking today (19th) at 1.5m packages.National Returns Day is expected to occur prior to Christmas, reflecting "just how deeply e-commerce is reshaping the retail universe," according ...
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Video:'Tis the season to shop online for a busy East Midlands Airport
East Midlands Airport (EMA) will see over 1m packages flown in and out of the UK hub each night during the busiest periods in the run-up to Christmas.To celebrate the role that EMA plays in ensuring people get the gifts they’ve ordered for Christmas on time, the airport has produced ...
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Krosch in new role at time:matters Group
Lars Krosch will from January 2019 take on the role managing director and chief operating officer (COO) at the time:matters Group, with responsibility for operations and finance at the Lufthansa-owned time critical logistics operator.Krosch, previously vice president sales and product development at time:matters, has gained extensive management experience in various ...
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Cunningham to retire from FedEx Express top job
FedEx Express president and chief executive David Cunningham will retire from the role on December 31.Raj Subramaniam, currently executive vice president, chief marketing and communications officer of FedEx Corporation, will succeed Cunningham.Cunningham began his FedEx career in 1982 in operations at the FedEx Express World Hub in Memphis, Tenn.Over his ...
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Canadian e-commerce boom helps fuel direct Vancouver freighter call
Canada’s rising tide of e-commerce was a key factor in the launch of a direct DHL Express flight into Vancouver from the integrator’s US hub in Cincinnati.The direct Boeing 757 freighter flight replaces a Boeing 767F which operated a Cincinnati-Seattle-Vancouver rotation and now terminates at the US west coast airport.Andrew ...
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Azul and Correios' e-commerce joint venture gains antitrust approval in Brazil
Brazil's postal service Correios and local passenger airline Azul have gained antitrust approval for their joint venture to create a logistics platform serving Brazil's e-commerce sector.The December 2017 Memorandum of Understanding (MoU) between the carrier's Azul Cargo Express unit and Correios to create a logistics company has been cleared "without ...
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FedEx launches 4x week Singapore – Sydney service
FedEx Express (FedEx) has launched a new dedicated four times a week service between Sydney, Australia, and Singapore.The company says new flight is designed to meet customer demand for increased capacity, particularly for heavyweight shipments. Customers in Singapore and Australia will benefit from the increased capacity and reliability to transport ...
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Global trade will continue to grow, but at slower pace
The latest DHL Global Trade Barometer (GTB) predicts that global trade will continue to grow over the next three months but more slowly, especially in the UK which is at stagnation level.The barometer, which looks at seven major trading countries representing 75% of global trade, indicates that India will continue ...
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Big business prepares for US-China trade tariff battle
Big business is preparing for the impact of the escalating US-China trade tariff battle, but small and medium enterprises may find it harder to recoup the additional costs generated.Greg Hewitt, chief executive for DHL Express US, believes that there is still a “big question mark” over the longer term impact ...
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DHL Express adds delivery feature as US peak season volumes surge
DHL Express has introduced a new service feature in time for the record holiday season that helps customers and future shipping recipients tailor their delivery options ahead of time for incoming deliveries.The roll-out of the On-Demand Delivery service across DHL's global network comes as the parcel and e-commerce giant is ...
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China Post and Lufthansa Cargo in strategic cooperation
Lufthansa Cargo and China Post Group Corp have inked a strategic cooperation that has the cargo capacity scope of a weekly Boeing 777 freighter on the Shanghai (PVG) – Frankfurt (FRA) route.Li Xiong, vice president of the official postal service of the People’s Republic of China, and Peter Gerber, chief ...
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Ho Ho Bergamo airport expects Christmas cargo boost
Italy’s Milan Bergamo airport expects a "healthy increase" in freighter operations heading up to the Christmas period.The commitment to the northern Italian airport from cargo operators follows on from a 2.5% increase in regular cargo movements versus 2017.Last year, Milan Bergamo handled 125,948 tonnes of cargo, accounting for 10% of ...
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JetPak swoops on Belgian express firm
Nordic courier specialist Jetpak has purchased express logistics company Right Away for an undisclosed sum.Jetpak described Right Away as a small sized air express company with annual revenues of €4m located in Brussels Airport.The purchase is part of the courier firms' European growth strategy. Last year, Jetpak began operations in ...