A record year for Expeditors

US-based forwarder and logistics services provider Expeditors reported fourth-quarter net income up 15.2% y-o-y to $114 million, as net revenues rose 3.3% to $536 million. Operating income for the quarter was up 12.7% to $178 million. The double-digit gains in net income and operating income are even more impressive than they first appear when you consider […]

Atlas looks ahead to 2016

On an operational basis, Atlas Air Worldwide Holdings (AAWW) had a solid fourth quarter and a very strong year in 2015. It’s reported fourth-quarter financial results were hit by a one-time charge related to settling an antitrust class action lawsuit, but operationally, both fourth-quarter and full-year performance was strong. After adjusting for the $100 million settlement, […]

An exceptional quarter for UPS

If you have been following the news from the express and e-commerce industries lately, you could be forgiven for thinking that the big US integrators are in serious trouble, trembling at the thought of Amazon not only pulling its business from UPS and FedEx, but also competing for their remaining business. Perhaps that will happen at […]
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