Post Tagged with: "e-commerce"

E-commerce challenges and opportunities in UPS’ fourth quarter

E-commerce challenges and opportunities in UPS’ fourth quarter

January 31, 2017 at 10:19 am 0 comments

Take your pick: UPS reported either a quarter-billion dollar net loss or a one-and-a-half-billion dollar net profit for the fourth quarter of 2016. On an as-reported basis, UPS suffered a net fourth-quarter loss of $239 million, and an operating loss of $428 million, as revenue rose 5.5% to $16.93 billion.Read More

E-commerce drives massive quarterly profit for Alibaba

E-commerce drives massive quarterly profit for Alibaba

January 25, 2017 at 10:43 am 0 comments

Chinese e-Commerce giant Alibaba reported fiscal third-quarter net income up 38% to US$2.47 billion. Total revenue for the quarter (ended 31 December 2016) was up 54% to $7.67 billion, while operating income rose 66% to $2.98 billion. Operating margin was up 4 percentage points to 39%. The chart at rightRead More

Cargo Facts’ parent launches new media venture: Mobility Buzz

Cargo Facts’ parent launches new media venture: Mobility Buzz

January 25, 2017 at 7:35 am 0 comments

Royal Media, the New York-based trade media company and publisher of Cargo Facts, has launched Mobility Buzz, a new media venture to cover the emerging mobility space. Mobility Buzz, Royal Media said, is the first publication to focus on mobility startups and new technologies in the transportation sector. In theRead More

Hong Kong’s U-Freight: Industry only ‘scratched surface’ of e-commerce

January 8, 2017 at 11:10 am 0 comments

 After attending the recent Amazon Global Selling Expo in Hangzhou, China, Hong Kong-based logistics firm U-Freight Group said that the growth potential for global e-commerce is “far from exhausted,” even in well-established regions, such as the United States, Europe and Japan. U-Freight CEO Simon Wong added, however, that the airRead More

Amazon makes its first commercial drone delivery

January 7, 2017 at 11:13 am 0 comments

On 7 December, Amazon’s Prime Air made its first commercial delivery with an unmanned drone. The delivery took place in Cambridgeshire, near Amazon’s UK drone-testing plant, where the company has been working with the government to test longer-distance deliveries. Jeff Bezos, Amazon’s CEO, broke the news on Twitter, announcing thatRead More

What is eWTP, and why you should care

What is eWTP, and why you should care

January 4, 2017 at 10:24 am 0 comments

2016 was a record year for Tmall Global, Alibaba’s online platform that enables international brands to sell directly to Chinese consumers. The number of imported product categories available on Tmall Global climbed almost 50% to 3,700, with offerings from more than 14,500 international brands from sixty-three countries. And it wasn’tRead More

Champagne and caviar?

Champagne and caviar?

December 30, 2016 at 10:51 am 0 comments

Today, Friday the 30th of December, is the last working day of 2016. Rather than analyzing some recent happening in air freight and express industry, I would like to use today’s post to thank you for your support of Cargo Facts, and to wish you all a terrific year inRead More

Peak season boosts volumes and costs for FedEx

Peak season boosts volumes and costs for FedEx

December 21, 2016 at 10:54 am 0 comments

FedEx reported operating income up 2.6% in the second quarter of its 2017 fiscal year, driven primarily by the inclusion of TNT Express, which added revenues of $1.9 billion during the quarter. The charts at right show FedEx’s results as reported, with net income up 1.3% to $700 million, asRead More