Parcel
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News
FedEx update presents some concerns
FedEx provides a rather dim near-term outlook on operations and announces cost savings and balance sheet actions to preserve liquidity.
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News
FedEx announces CFO transition
Chief Financial Officer Alan Graf to retire at year-end. Corporate Vice President and Treasurer Mike Lenz to assume the role in September.
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AskWaves
How big is the logistics industry?
The global logistics industry is big and getting bigger.
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News
DHL Express to supersize Incheon parcel hub
DHL Express plans to invest 131 million euros ($144.5 million) to nearly triple the size of its package sort facility adjacent to South Korea’s Incheon…
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Economics
Salesforce forecasts 13% holiday e-commerce growth in 2019 (with video)
Salesforce drew on three years of data from 4,500 e-commerce sites to generate its forecast.
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Parcel
E-commerce supply chain keeps U.S. Customs and Border Protection leaders awake at night
E-commerce packages are flooding the U.S. The vast majority contain legal products, but U.S. Customs and Border Patrol worries about those that contain illegal or…
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Air Cargo
China’s parcel industry still in high-growth mode despite macro backdrop
Although some Chinese economic indicators are flashing warning signals, Yunda, STO, YTO, and ZTO are still on fire.
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Air Cargo
SF Express Global Aspirations Could Rival DHL Express, FedEx and UPS (with video)
DHL, FedEx and UPS have dominated the global express market for years but recently, China’s express providers (including YTO Express, STO Express and SF Express)…
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News
Regional parcel carrier Eastern Connection to fold after 36 years
Company was solid parcel player in the Northeast for decades.
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Equipment
UPS’s Carlton Rose: Electric is the future, but we are not there yet
UPS’ Carlton Rose, president of global fleet maintenance and engineering, said he expects electric power to be the long-term solution in medium-duty, but it isn’t…
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