FedEx anticipates record-breaking peak season, warns of trade tensions

During FedEx’s FY Q1 2019 earnings call yesterday, CEO Fred Smith said the company is anticipating record-breaking volume during this year’s peak season. The positive news follows the company’s announcement last week that it will expand its U.S. ground operations to six days a week in response increased demand for e-commerce – this, despite current […]

DHL spins out e-commerce from PeP division

Deutsche Post-DHL Group (DP-DHL) is addressing the ongoing woes in its Post-eCommerce-Parcel (PeP) division with a “divide and conquer” strategy, under which PeP will be separated into German and international divisions focusing on post and parcel and e-commerce, respectively. The changes are effective as of Jan. 1, 2019. As part of the new organizational structure, […]

Lufthansa’s time:matters buys German customs brokerage

Time-critical logistics firm time:matters has purchased Germany-based CB Customs Broker GmbH and Customs Broker Cargo Handling GmbH yesterday in a move to help speed up cross-border transactions. For now, both customs brokerages and time:matters will continue to operate as neutral partners, a company release said, offering services such as customs clearance and air cargo handling, […]

American logistics companies brace for Florence supply chain disruptions

While Hurricane Florence appears to have weakened overnight to a Category 2 storm, it has maintained its vast size and slowed its forward momentum this morning, making the risk of serious supply chain  disruption even worse as it makes landfall later today in the Carolinas, bringing expected storm surges topping 10 feet along with rain […]

UPS makes major investment in cross-border e-commerce

At a UPS “Transformation Conference” in New York today, the company outlined plans for expanding and automating its international and domestic express services to better accommodate burgeoning cross-border e-commerce volumes, justifying the major capital expenditures with larger expected returns on revenue. For more details, see the article below in our sister publication, Cargo Facts: UPS […]

Fulfillment company ShipBob raises C Series funding for expansion

Today, Chicago-based e-commerce fulfillment service ShipBob said it raised US$40 million toward in a Series C round to fund the expansion of its warehousing services and digital platform, in order to compete with juggernaut rival Amazon.com’s fulfillment service. The funding round was led by Menlo Ventures and involved contributions from existing investors Bain Capital Ventures, Hyde […]

Fashion Forward: How the promise of A.I. will disrupt the apparel industry

Picture this. You receive a calendar notification on your phone. It’s that networking event you RSVP’d to a few months back. Crap, it’s next week, you think to yourself. You had envisioned shaking hands with your future contacts while wearing a sharp blazer and a fresh pair of slacks and your old standby ensemble, which […]

Flytrex drone service tees off at U.S. golf course [VIDEO]

Carrying an order of burgers and fries to hungry golfers is not exactly the same as landing a loaded FedEx freighter. But for drone logistics company Flytrex, it’s another milestone in the advancement in last-mile delivery, despite the severe regulatory restrictions still in place. In partnership with unmanned aerial vehicle (UAV) firm, EASE Drones, Flytrex today […]

DHL Express doubles Tucson cargo capacity

DHL Express is investing US$2.8 million in its Tucson hub, this week releasing news of a move to a new service center three minutes from the Tucson International Airport (TUS), which would nearly double the previous facility’s size at about 23,500 square feet. John Fox, vice president and general manager for DHL Express said the […]

DHL eCommerce enabling next-day B2C food deliveries in Thailand

DHL eCommerce and Thai egg producer Kasemchaifood have partnered to deliver farm-fresh eggs sold through online channels directly to consumers, within 24 hours. Before taking to the internet, Kasemchaifood relied primarily on a wholesale business model with a lengthier supply chain to distribute its eggs. Under the traditional business-to-business supply chain model, it would take […]

Yusen Logistics launches express import service in Guangzhou

Japan-based Yusen Logistics launched an express service for airfreight arriving in Guangzhou, China. Upon arrival at Guangzhou Baiyun International Airport (CAN), cargo will be collected from the airport terminal within six hours as a minimum lead-time, rather than the typical minimum of a full day to collect consolidated cargo at CAN. As part of its […]

UPS grows alternate delivery location offerings with Taiwan ‘e-lockers’

UPS is expanding delivery options for e-commerce shipments in Taiwan with the addition of more than 850 “e-lockers” as alternate delivery locations (ALDs). UPS is working with Palmbox and Chunghwa Post, via its iBox lockers, for e-commerce deliveries in Taiwan. Once Taiwanese customers receive deliveries from international retailers at an e-locker, UPS will notify the […]

75th Anniversary Snapshot: Redefining fast – the evolution of express

For most of the early decades of Air Transportation magazine, the venerable periodical that eventually became Air Cargo World, the articles were about ever-larger, ever-faster aircraft that were capable of hauling enormous loads across the planet. While speed was always a selling point, much of the industry was trying to prove that it could compete […]

UPS reports reduced operating profit in Q2

UPS streamed its second-quarter 2018 earnings call this morning, reporting a 9.6 percent growth in total revenue, but a shrinkage in total operating profit of 13 percent, compared to the same period last year. The figure encompasses the company’s U.S. Domestic Package, International Package and Supply Chain & Freight sectors. Dividing the operating profit figure […]
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