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E-commerce growth boosts XPO Logistics’ fourth-quarter results

E-commerce growth boosts XPO Logistics’ fourth-quarter results

February 22, 2017 at 6:53 pm 0 comments

XPO Logistics reported stronger-than-expected profits and revenues in the fourth quarter, as a surge in online shopping drove demand for the company’s logistics and delivery businesses, pushing its Q4 and full-year 2016 totals beyond analysts’ expectations. For Q4 of 2016, revenue increased 10 percent, year-over-year, to US$3.68 billion. Fourth quarterRead More

Volumes surge as net income drops in Expeditors’ 4Q16

Volumes surge as net income drops in Expeditors’ 4Q16

February 22, 2017 at 6:34 pm 0 comments

Our sister publication, Cargo Facts takes a look at US-based forwarder and logistics services provider Expeditors  International of Washington, Inc’s 4Q16 results. Despite significantly higher air and ocean freight during 4Q16, compared to 4Q15, net income was down 3.4% y-o-y, to $111 million. For more, see: Expeditors handles record volumes in 4Q16, asRead More

(C) 2010 Craig Butz

Atlanta airport adding 1 million square feet of warehouse space

February 22, 2017 at 6:06 pm 0 comments

ATLNext, the new development program at Hartsfield-Jackson Atlanta International Airport (ATL), is in the process of adding 1 million square feet of warehouse space, with construction starting this year on the third warehouse. The development includes a new vehicle staging area to relieve cargo truck congestion. The work is expectedRead More

Natilus Offers First Look at Freight Drone Prototype

Natilus Offers First Look at Freight Drone Prototype

February 21, 2017 at 8:36 pm 0 comments

Natilus is launching its first drone, by the second quarter, and ACW sister-publication Mobility Buzz has obtained the first look at the prototype, which the startup hope to transform into a full-sized freight drone that has the potential to profoundly change freight flows and cargo movement. The San Jose, Calif.-based company hasRead More

TIACA woos millennials with industry immersion program

TIACA woos millennials with industry immersion program

February 21, 2017 at 6:56 pm 0 comments

Millennials aren’t flocking to the logistics business, prompting TIACA to back a program of visits aimed at improving collaboration across the air cargo supply chain. Young professionals from six companies in the Netherlands have completed a series of visits aimed at “improving collaboration across the air cargo supply chain.” StaffRead More

Purolator responds to ‘Amazon effect’ with 2- to 5-day deliveries

Purolator responds to ‘Amazon effect’ with 2- to 5-day deliveries

February 21, 2017 at 6:49 pm 0 comments

Canadian cross-border logistics provider Purolator International has rolled out PuroPost Plus, faster service for its ecommerce shipping solution PuroPost. The new product guarantees delivery in two to five days to any residential address in Canada.  John Costanzo, president of Purolator International, explained that, with B2C commerce making up nearly halfRead More

UPS, Workhorse Group make successful autonomous drone test

UPS, Workhorse Group make successful autonomous drone test

February 21, 2017 at 6:42 pm 0 comments

UPS has successfully tested a drone that launches from the top of one of its brown vans, autonomously delivers packages and then returns to the vehicle while the van moves on to the next delivery. The drone delivery took place this Monday in Lithia, Florida. The test was conducted inRead More

Lockheed rolls out first LM-100J Super Hercules commercial freighter [VIDEO]

Lockheed rolls out first LM-100J Super Hercules commercial freighter [VIDEO]

February 20, 2017 at 6:46 pm 0 comments

After a three-year wait, the LM-100J has finally arrived on the commercial market. Last week, Lockheed Martin rolled out the first of these propeller-driven, modified military aircraft, known as  “Super Hercules Commercial Freighters.” Lockheed expects the freighter’s first flight to happen this spring. Lockheed Martin, which has decades of successRead More