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 […]

• David Harris
• February 26, 2018

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。”

• Charles Kauffman
• July 24, 2017

The turboprop freighter fleet in 2017 — Part III

In Parts I and II of this analysis we looked at the turboprop freighter fleet in detail, breaking it down by operator, and discussing the changes to the fleet in the last year on a type-by-type basis. But turboprop aircraft are not the only choice for operators looking for small freighters, and today we examine two […]

• David Harris
• July 12, 2017

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 […]

• David Harris
• April 14, 2017

E-commerce drives express fleet expansion — Part II

Today, in Part II of our annual analysis of the worldwide express fleet, we look at changes to the fleets of two of the three biggest players – FedEx and UPS. We start with TNT, which was acquired by FedEx last year. (You can read Part I here.) As part of FedEx’s acquisition of TNT Express, Ireland-based […]

• David Harris
• April 13, 2017

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 […]

• David Harris
• March 22, 2017

FedEx acquires TNT – now the hard work begins

Today FedEx reached the end of its long road to the acquisition of TNT. It also started down the longer, and likely more rocky, road of making that acquisition work. To begin, nothing much will change. “In the near term, customers can expect to interact with each company as they always have,” is the official […]

• David Harris
• May 25, 2016

ASL acquires TNT’s airlines

It’s official: as of today, ASL Aviation Group acquired the two airlines formerly owned by TNT Express. When FedEx made its offer to acquire TNT Express, one of the conditions imposed by EU law was that TNT Express’ airlines – TNT Airways and Pan Air Líneas Aéreas – could not be part of the deal. […]

• David Harris
• May 24, 2016