Express Cargo

Express Cargo

The latest news from the parcel and package industry, covering major parcel shippers, demand, economics and more.

Commentary

The latest earnings from UPS reveal two trends that might at first seem contradictory: e-commerce is growing in leaps and bounds globally, and customers are choosing to defer delivery on packages to get greater savings.

News & Analysis

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.
17 Jun 2015
FedEx reported its first quarterly loss since 2009, thanks to a $2.2 billion pension-related pre-tax charge that bit deep into earnings. Unfavorable exchange rates, a drop in international priority volume and low fuel surcharge revenue also stung the global transport operator.
12 Jun 2015
FedEx Ground will pay $228 million to settle claims in a California worker misclassification lawsuit. That case is one of several revolving around the definitions of employee and contractor pending in federal court.
20 May 2015
The acquisition of Hazen Final Mile gives TransForce and same-day logistics subsidiary Dynamex a longer reach in e-commerce shipping markets.
28 Apr 2015
The acquisition of French logistics giant Norbert Dentressangle will create new global opportunities for XPO, boosting its annual revenue to $8.5 billion.
28 Apr 2015
TNT Express posted an operating loss and shrunken comparable revenue in the first quarter, warning that it faced tough times in the run-up to its planned acquisition by larger U.S. rival FedEx in 2016.
13 Apr 2015
The "unprecedented" growth of e-commerce, coupled with rapid development of mobile technology, is changing the playbook for shippers and transport operators alike.
07 Apr 2015
After FedEx Corp. unveiled a $4.8 billion deal to acquire Dutch company TNT Express this week, the immediate focus was on how the merger would significantly boost the U.S.-based company’s footprint in the European express market.
TNT aircraft, A300
07 Apr 2015
TNT Express said it will open talks shortly with potential buyers of its cargo airlines following FedEx’s agreed 4.4 billion-euro ($4.8 billion) takeover.
07 Apr 2015
FedEx Corp. on Tuesday unveiled a €4.4 billion ($4.8 billion) agreed takeover of TNT Express, two years after European regulators shot down United Parcel Service’s bid for the Dutch company.