DHL optimistic despite declining Q1 forwarding, airfreight results
While parent company Deutsche Post-DHL Group increased its first quarter earnings before interest and tax (EBIT) by 21.3 percent to...
Express
UPS to double package processing capacity at San Antonio facility
Following similar investments on the U.S. West Coast, UPS announced plans to nearly double the footprint and make sorting technology...
Atlas scores deal with Amazon for 20 freighters, 20% stake
Atlas was once known as a 747 ACMI operator. In recent years, its business model has become increasingly diverse. It's...
Pilots union dispute heats up with potential strike vote
On ongoing dispute between a prominent pilots’ union and five carriers that operate DHL’s North American network recently reached a...
UPS manages strong growth in Q1 2016
In spite of a reduction in revenue growth due to lower fuel surcharges and currency exchange rates, UPS reported strong...
Final hurdle cleared in FedEx/TNT deal
Like a trail of slowly falling dominoes, the regulatory clearance process for FedEx’s US$4.9 billion acquisition of TNT Express has...
Double-digit profit growth for UPS
UPS, like its main competitor FedEx, turned in a solid performance in its most recent quarter. UPS reported first-quarter net...
CAAC approves Wuhan hub for SF
The Civil Aviation Authority of China (CAAC) approved SF Express' application to build a new airport in Yanji, a small...
