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. ...
Tag: e-commerce
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 ...
Cainiao files for $1B-plus IPO
Cainiao Smart Logistics Network Ltd., the logistics arm of Alibaba Group Holding Ltd., has filed for its Hong Kong initial ...
Flexport founder Ryan Petersen to return as CEO after Dave Clark resigns
Flexport Inc. Chief Executive Officer Dave Clark is abruptly leaving the startup after a year at the company, making way ...
Consultant’s Insight: Amazon and Flexport take on FedEx and UPS
Amazon and Flexport are looking to take a bite out of FedEx and UPS volumes as each expands its parcel ...
Maersk opens air cargo hub near ATL
Maersk has opened a new air cargo hub in Atlanta, one of the biggest commercial, financial and transportation centers of ...
Asia-Pacific air cargo market wanes
Preliminary May 2023 traffic figures released by the Association of Asia Pacific Airlines showed that, while international passenger markets continue ...
BRU and SZX partner on e-commerce
Brussels and Shenzhen Bao’an International airports recently signed a partnership agreement focusing on best practices in airfreight for the shipment ...
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