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Consultant Insight: Slowing economy impacts FedEx’s cost-cutting strategy
FedEx once again posted a disappointing earnings report as fourth-quarter overall revenue declined 10.2% to $21.9 billion and operating income ...
Tag: UPS
New tech-forward Singapore facility stores pharma at -80 C
UPS Healthcare’s $20 million, purpose-built facility in Singapore can store products in temperatures ranging from -80 to 25 degrees Celsius. ...
7 MD-11Fs taken out of service in May
Seven MD-11Fs exited service in May and were sent to Victorville (VCV) by FedEx and UPS, the two largest U.S. ...
Consultant’s Insight: UPS Worldport reductions amid shift from air to ground
Worldport, UPS’ largest air hub, has said it will significantly reduce its Friday day sort and shift volumes to the ...
Consultant’s Insight: Expanding pharmaceutical networks amid shortages
Freight forwarders and express providers have always courted high-value pharmaceutical volumes, but as declines in e-commerce and other general inventory ...
Consultant’s Insight: Express providers optimize networks amid declining volumes
Express providers are managing international networks to match lower volumes to reduce costs and maintain adequate pricing levels. The first ...
Incheon Airport constructing $28M global distribution center for e-commerce
Incheon International Airport is building a $28 million global distribution center for e-commerce this August in the Incheon Free Economic ...
Consultant’s Insight: UPS reports disappointing start to 2023
“2023 is proving to be an interesting year,” UPS Chief Executive Carol Tome said during the company’s first-quarter earnings call ...
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