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 […]

Does Amazon really matter to intra-European express, postal, courier and ground transport?

A Google News search today of the term “Amazon” yields 566,000 hits. Indeed, the online retailing behemoth is seemingly everywhere, dominating discussions in the airfreight market, but just how important is Amazon to the intra-European freight market? The answer will surprise you. Recently, we took a brief look at the importance of Amazon for the […]

YTO, HNA partner to share capacity, develop specialty services

In April, the parent company of YTO Express signed a cooperation agreement with HNA Modern Logistics that will foremost, give YTO Express access to belly-hold and freighter capacity on the domestic and international networks of HNA-affiliate carriers. The agreement also calls for the joint development of cool-chain transportation solutions across China, and express-oriented construction projects […]
Page 1 of 1612345 » 10...Last »
Get Latest Issue