PODCAST: CFC’s Horst on key EMEA express and e-commerce trends

Today we speak with Frederic Horst, managing director of Cargo Facts Consulting. Frederic will be presenting on European express and e-commerce trends at Cargo Facts EMEA, scheduled for Feb. 3-5 at the Westin Grand Frankfurt. For more information or to register for our event, please visit cargofactsemea.com. Download and listen to this podcast and other […]

UPS joins Cargo Facts EMEA roundtable

Jens Poggensee, vice president of transportation procurement at UPS, has been added to the Cargo Facts EMEA 2020 speaker faculty. Cargo Facts EMEA 2020 will be held Feb. 3-5 at the Westin Grand Frankfurt. Poggensee will speak on Thursday, Feb. 4, at 11:30 a.m. at a roundtable panel discussion scheduled to run for 45 minutes. […]

European express traffic growth will accelerate, Cargo Facts Consulting finds

While we foresee a deceleration of express shipment growth in both international and US domestic express markets, our latest Air Express Market Outlook 2020-24 predicts an acceleration of Express traffic at major European Cargo hubs over the next five years. While outbound express tonnage growth at Leipzig, Liege, Cologne, Paris, East Midlands, and Brussels between […]

FedEx to park or retire 35 freighters on express headwinds, severed Amazon ties

Concurrent with the release of its 1QFY20 earnings, FedEx announced plans to park or retire the equivalent of up to thirty-five MD-10-10F, A310-300F and MD11F aircraft by the end of its next fiscal year. The company blamed weaker than expected express demand on trade friction and other macroeconomic influences battering the industrial sector. FedEx also […]

Express companies attempt to shift from serving as mere e-commerce delivery subcontractors

In mid-September, Cargo Facts Consulting will publish a new report, the Global E-Commerce Logistics Outlook, to help companies craft their strategies towards a segment that has become increasingly important in logistics. This is the third of a series of articles leading up to the publication of the report that provides a window into our research.  […]

FedEx reports substantial 4Q loss from economic weakness, trade issues

This week, Memphis-based FedEx reported a 3.0% year-over-year increase in revenue for its 4QFY19, ended 31 May, to US$17.80 billion. Operating income during the quarter was mostly flat at 0.9% to $1.31 billion, and the company reported a net loss of $1.96 billion, down from $1.13 billion income for 4QFY18.  The Express segment saw weak performance for […]
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