Post Tagged with: "Express"

A record quarter for FedEx — plus mattresses and gym equipment, too!

A record quarter for FedEx — plus mattresses and gym equipment, too!

June 23, 2017 at 10:50 am 0 comments

FedEx reported revenue up 21.2% y-o-y in its fiscal fourth quarter (ended 31 May) to a record $15.73 billion. Net income for the quarter was $1.02 billion, up from a net loss of $68 million in 4QFY16, and operating income for the quarter was $1.58 billion (compared to a $70Read More

HNA Modern Logistics lifts off – with Atlas Air

HNA Modern Logistics lifts off – with Atlas Air

June 6, 2017 at 10:02 am 0 comments

Ten days ago, we reported that China-based HNA Group had established a new subsidiary in the north-central city of Xi’an. HNA Modern Logistics Group, as the company is called, will focus on developing Xi’an into a global airfreight hub, a hub which, according to CEO Zhang Weiliang, will become theRead More

Express & e-commerce drive first-quarter growth at DP-DHL

Express & e-commerce drive first-quarter growth at DP-DHL

May 11, 2017 at 10:47 am 0 comments

Deutsche Post-DHL reported first-quarter net profit down slightly (0.9%) y-o-y to €633 million, as total revenue rose 7.3% to €14.88 billion. Operating profit (EBIT) for the quarter was up 1.4% to €885 million. As is often the case, the reported results tell only part of the story. In the firstRead More

UPS reports strong all-round growth

UPS reports strong all-round growth

April 28, 2017 at 9:44 am 0 comments

UPS reported first-quarter net income up 2.4% y-o-y to $1.16 billion as revenue increased 6.2% to $15.32 billion. Operating profit for the quarter, however, was down 2.1% to $1.78 billion as fuel surcharge revenue lagged a big increase in fuel expense. In recent years, the quarterly reports from the world’sRead More

China’s B2B express volume to grow dramatically

China’s B2B express volume to grow dramatically

April 27, 2017 at 10:17 am 0 comments

SHANGHAI – The freighter fleets of China’s express companies are growing rapidly as an increasing proportion of retail spending moves online—but that’s only half the reason express companies are adding airfreight capacity as quickly as possible. Yesterday at Cargo Facts Asia 2017 in Shanghai, Peter Huang, director of corporate planning atRead More

E-commerce drives express fleet expansion — Part III

E-commerce drives express fleet expansion — Part III

April 14, 2017 at 10:10 am 0 comments

Today we conclude our three-part analysis of the worldwide express fleet. In Part I, we started with some background, and then a look at some of the smaller (and perhaps more interesting) companies. In Part II we looked at changes to the fleets of two of the three biggest players – FedExRead More

E-commerce drives express fleet expansion — Part II

E-commerce drives express fleet expansion — Part II

April 13, 2017 at 10:40 am 0 comments

Today, in Part II of our annual analysis of the worldwide express fleet, we look at changes to the fleets of two of the three biggest players – FedEx and UPS. We start with TNT, which was acquired by FedEx last year. (You can read Part I here.) As part of FedEx’sRead More

E-commerce drives expansion of express fleets worldwide

E-commerce drives expansion of express fleets worldwide

April 12, 2017 at 10:24 am 0 comments

Today we begin a three-part analysis of the jet freighter fleets of express companies worldwide. We start with some background, and then a look some of the smaller (and perhaps more interesting) companies. Tomorrow and the day after, we’ll look at the big boys, and conclude with a look into theRead More