Although it’s unlikely that economics could justify the replacement of all couriers with commercial drones in the near-term, UPS and its partner CyPhy Works have demonstrated the feasibility of using UAVs’ to make remote deliveries in difficult-to-access locations with a recent successful test. Yesterday, on 22 September, the pair launched aRead More
Post Tagged with: "UPS"
Yesterday, we provided an overview of e-commerce growth around the world. Our focus was on the disruptive impact growing cross-border e-commerce in China has had on air freight forwarders and the way in which one forwarder has responded. You can read that analysis here, while today we shift our focus to last-mile delivery, andRead More
UPS reported second-quarter net income up 3.2% y-o-y, to $1.27 billion, as total revenue rose 3.8% to $14.63 billion, driven by the strong operational performance of its air units. With the exception of Domestic Deferred Air, average daily package volumes were up for all products in both the US DomesticRead More
After years of steadily rising through the ranks, Emirates became the world’s top international cargo carrier in 2013, and that dominance has grown in the two years since. The full rankings of the top fifty carriers, including international, domestic, and total traffic, are shown in the chart at the bottomRead More
A new cargo airline will soon be taking off from Enfidha’s Hammamet International Airport located 100km south of Tunisia’s capital city, Tunis. Express Air Cargo’s CEO, Anis Riahi confirmed to Cargo Facts his airline is preparing to commence operations in August, with an initial fleet consisting of two freighter-converted 737Read More
Today we begin a two-part analysis of the jet freighter fleets operated in express service worldwide. Tomorrow we will look at the fleet on an operator-by-operator basis, but here we examine the current makeup of the total fleet, and the way it has changed over the years. At the endRead More
UPS, like its main competitor FedEx, turned in a solid performance in its most recent quarter. UPS reported first-quarter net income up 10.2% y-o-y to $1.13 billion, as total revenue increased 3.2% to $14.42 billion. Operating profit for the quarter was up 9.0% to $1.82 billion. Looking first at revenue:Read More