A Feb. 1 change in dimensional weight pricing will benefit Forward Air Corp., the CEO of the ground-air expedited transportation company told Wall Street analysts this week.
The latest news from the parcel and package industry, covering major parcel shippers, demand, economics and more.
News & Analysis
08 Feb 2016
Nippon Express Co., Japan’s largest international freight forwarder, saw its net profit rise at a double-digit pace in the first nine months of the fiscal year ending in March despite paltry revenue growth.
12 Jan 2016
Japan’s international air cargo trade will fall 4.5 percent in fiscal 2015, which is the first annual decline in two years, according to a report by Nittsu Research Institute and Consulting Inc., a subsidiary of Nippon Express Co., Japan’s largest international freight forwarder.
08 Jan 2016
EU antitrust regulators today unconditionally approved FedEx’s 4.4 billion euros ($4.75 billion) acquisition of TNT Express.
08 Jan 2016
The International Air Transport Association will urge member airlines to prepare for a possible surge in air freight volumes caused by possible disruptions when the new container weighing requirements are implemented globally from July.
22 Dec 2015
ASL Aviation Group has signed two loans for $110 million, refueling speculation the Ireland-based group is preparing a bid for TNT Express’ freighter airlines ahead of FedEx’s takeover of its small Dutch rival.
18 Dec 2015
Nippon Express Co., Japan’s largest international freight forwarder, has set up its second subsidiary in Myanmar, further strengthening its footprint in the increasingly promising Southeast Asia market.
16 Dec 2015
A steady influx of e-commerce shipments on the ground gave FedEx lift in the quarter that ended Nov. 30, despite weakness in global trade and faltering U.S. industrial production.
15 Dec 2015
France’s competition regulator has fined 20 parcel delivery companies, including FedEx and DHL Express, a total of 672 million euros ($739 million) for colluding over fuel surcharges.
06 Nov 2015
Nippon Express Co., Japan’s largest international freight forwarder, saw its group net profit decline in the fiscal first half on the back of sluggish revenue growth and extraordinary charges.