Post Tagged with: "Express"

The world’s top 50 cargo carriers Part III: The big picture

The world’s top 50 cargo carriers Part III: The big picture

Capacity & Demand, Carriers, Express, Traffic August 10, 2017 at 9:24 am

Today, in Part III of our annual analysis of the world’s top cargo carriers, we step back from the rankings of individual carriers to see what those rankings tell us about the air freight and express market in general in 2016. (You can read Part I here, and Part IIRead More

Everything is coming up roses for UPS

Everything is coming up roses for UPS

Capacity & Demand, Carriers, E-Commerce, Earnings, News July 27, 2017 at 10:42 am

UPS reported strong financial and operational performance in the second-quarter of 2017, with net income up 9.1% y-o-y to $1.38 billion as revenue rose 5.0% to $15.75 billion. Operating income for the quarter was up 8.7% to $2.22 billion. Revenue rose in all three of the company’s operating segments, andRead More

SF Express Airlines opens new hub at Shanghai Pudong

SF Express Airlines opens new hub at Shanghai Pudong

Aircraft, Airports, Asia, E-Commerce, News July 13, 2017 at 10:56 am

Following the recent termination of CAAC restrictions which had for months blocked Shanghai Pudong International Airport (PVG) from launching new flights, SF Express Airlines seized the opportunity to bring China’s most populous city into its rapidly expanding air freight network. A new 25,000 sq. meter airside terminal will allow SFRead More

Cathay and DHL plan reorganization of Air Hong Kong

Cathay and DHL plan reorganization of Air Hong Kong

Aircraft, Asia, Carriers, Express, News, Strategy July 11, 2017 at 10:49 am

In an announcement on the Hong Kong Stock Exchange, Cathay Pacific Airways and DHL Express said they had entered into a non-binding memorandum of understanding covering a change in ownership of their Hong Kong-based joint-venture all-cargo airline, Air Hong Kong (AHK). In the MoU, the two companies say “it isRead More

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

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

Aircraft, E-Commerce, Earnings, Express, News, Photos+Videos, Strategy June 23, 2017 at 10:50 am

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

Carriers, Express, Strategy June 6, 2017 at 10:02 am

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

E-Commerce, Earnings, Express, News May 11, 2017 at 10:47 am

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

Aircraft, E-Commerce, Earnings, Express, News April 28, 2017 at 9:44 am

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