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
13 Sep 2014
Fast-growing third-party logistics companies are tuning into and tapping broad trends driving logistics growth in the U.S. and globally, including increased cross-border trade and the expansion of intermodal rail. Here are seven trends picked by XPO Logistics CEO Bradley S. Jacobs.
11 Sep 2014
Three global funds will invest $700 million in XPO Logistics, accelerating the fast-growing company's acquisition plans for 2014.
01 Sep 2014
Deutsche Post DHL will use India to pilot the development of its e-commerce business model for the Asia-Pacific region via subsidiary Blue Dart Express.
27 Aug 2014
A U.S. appellate court panel ruled that as many as 2,300 FedEx Ground drivers in California and Oregon were employees, not independent contractors, when they worked for the package delivery company in the last decade.
23 Aug 2014
In the latest instance of drayage-related disruption, violence flared at Ningbo’s Beilun Container Port as thousands of striking truck drivers clashed with riot police and smashed the windshields of trucks crossing a picket line. The past week’s protests brought the world’s sixth-largest container port to a standstill, with carriers reportedly diverting ships.
16 Aug 2014
U.S. authorities added money laundering to the list of drug-trafficking charges facing global shipping giant FedEx.
14 Aug 2014
Both UPS and FedEx have received long-awaited approval from the Chinese government to widen operations in the country.
29 Jul 2014
Blue Dart Express, India’s leading air express and logistics services provider, reported its net profit fell 16 percent in the first fiscal quarter.
28 Jul 2014
TNT Express today posted improved second-quarter results, driven by an ongoing restructuring program, cost cuts and a continued recovery at its previously loss-making Brazilian business.
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.