Consultant’s Insight: UPS’ international, freight forwarding divisions feel market impact
UPS reported third-quarter revenue, profit and volume declines across the organization last week. “We expected conditions in the third ...
Tag: UPS
UPS revenue falls 12.8% YoY in Q3
UPS today reported $21.1 billion in revenue for the third quarter of 2023, a decrease of 12.8% year over year. ...
Consultant’s Insight: Express volumes pressured, but rates go up in 2024
Despite air express volumes declining throughout most of the year, rates and surcharges for 2024 will increase an average of ...
Consultant’s Insight: Marketplaces expand cross-border e-commerce services
Chinese e-commerce providers, logistics providers and carriers are expanding further into Europe. For example, Cainiao Network, the logistics arm of ...
The Freight 50: 2022 a challenging year for carriers
While most carriers saw a significant boost in volume in 2021 due to the pandemic, 2022 was a year marked ...
DHL continues Israel ops as UPS suspends flights
DHL Express continues to operate flights into and out of Israel as many other carriers halt operations amid ongoing violence ...
Swiftair to begin A321P2F ops next year
Madrid-based Swiftair will add its first Airbus narrowbody freighters and start flying two A321-200Fs in 2024. The two freighters will ...
Consultant’s Insight: Automation cuts costs, improves efficiency for UPS, FedEx
Just ahead of the peak holiday season, UPS and FedEx are showing off the automation investments they have made to ...
