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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 […]

UPS sues the European Commission for US$2.15 billion

US-based integrated express company UPS filed a lawsuit with the European Union’s General Court, seeking compensation for the European Commission’s 2013 decision to prevent UPS from taking over TNT. At that time, the Commission ruled that a UPS takeover of TNT could lead to a UPS/DHL duopoly in the package delivery business in parts of […]

TNT快递深陷Petya病毒危机

Petya攻击过后，自上月起TNT快递业务陷入瘫痪。根据美国证券交易所联邦快递（去年已收购TNT快递）年报披露:“客户遭遇了大面积的服务停滞，大量操作及单证业务不得不采用人工方式进行处理。”联邦快递强调，现在还无法评估相关业务的恢复时间，但网络瘫痪带来的损失无法由保险公司赔付。对于TNT收入及货量所遭受的冲击，联邦快递表示：“我们还在评估经济损失，但预计可能会损失重大。”

E-commerce drives express fleet expansion — Part III

Today we conclude our three-part analysis of the worldwide express fleet. In Part I, we started with some background, and then a look at some of the smaller (and perhaps more interesting) companies. In Part II we looked at changes to the fleets of two of the three biggest players – FedEx and UPS. Today with finish with […]

FedEx: “Forget Q3”

FedEx reported net income in its fiscal third quarter up 10.8% to $562 million, as revenue rose 18.5% to $15.00 billion. Reported operating income was also up strongly (18.6%) to $1.03 billion. Great results, right? Well, yes, and no. Because, as has become almost usual with financial reports in our industry, the picture changes dramatically […]
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