On-time delivery guarantees have existed for more than 30 years for express and 17 years for ground service, but the time has come for parcel carriers to put an end to them.
News & Analysis
04 Aug 2015
Nippon Express Co., Japan’s largest international freight forwarder, saw its group net profit soar in the first quarter of fiscal 2015 on the back of robust international revenue growth driven by the weak yen and increased air cargo traffic.
03 Aug 2015
FedEx and TNT Express said they still expect to merge in the first half of 2016 despite the European Commission’s decision to launch an in-depth investigation of the US firm’s 4.4 billion euro ($4.8 billion) acquisition of its smaller Dutch rival.
31 Jul 2015
The European Union has opened an investigation into FedEx’s efforts to acquire TNT Express on the grounds that there would be insufficient competition in the market.
30 Jul 2015
Blue Dart Express, India’s leading air express and logistics service provider, posted a big jump in net earnings in the first fiscal quarter, as income from operations increased significantly, driven by new business strategies.
27 Jul 2015
TNT Express posted a 6.2 percent increase in second-quarter revenue, driven by a stronger dollar and growing business from small and medium-sized customers.
22 Jul 2015
FedEx Express is re-engineering its global network by replacing older, higher capacity planes with more efficient, technically advanced aircraft that have lighter payloads. The result should be a more efficient, higher yield operation in an era of slower air cargo trade.
20 Jul 2015
The European Shippers’ Council adamantly opposed UPS’ proposed takeover TNT Express, but the group has no qualms with FedEx buying the ailing parcel provider for $4.8 billion.
16 Jul 2015
UPS expanded the insurance and logistics services it offers shippers of high-value cargo such as jewelry by acquiring Insured Parcel Services from G4S, a global integrated security company.
15 Jul 2015
UPS added eight origin and five destination countries to its expedited Worldwide Express Freight service, which now serves 58 countries. The service focuses on urgent, heavy-weight palletized freight.
29 Jun 2015
FedEx has formally asked European Union competition regulators to approve its 4.4 billion euro bid ($4.9 billion) for TNT Express two years after they rejected a planned 5.2 billion euro takeover by its U.S. rival United Parcel Service.