Logistics Providers

Logistics Providers

In-depth coverage of air freight-forwarders, including earnings, rates, volume and more.

Commentary

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

03 Aug 2015
Japanese international freight forwarder Yusen Logistics Co. returned to profit in the first quarter of fiscal 2015, which started April 1, thanks to robust revenue growth and the end of heavy losses caused by an antitrust lawsuit in the United States.
03 Aug 2015
Transport Corporation of India posted a 17.4 percent jump in net profit in the first fiscal quarter, primarily on the back of strong gains from its freight division.
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.
31 Jul 2015
The $1.8 billion acquisition of Coyote Logistics adds truckload brokerage to UPS's transportation portfolio, giving it new inroads to shippers and freight, and promises greater efficiency for its package network.
31 Jul 2015
Five firms, three joint ventures and two single companies, are aiming to win a concession to modernize Davao Sasa, a major gateway for Philippines exports, particularly bananas.
31 Jul 2015
Gati Ltd., India’s leading express distribution and supply chain solutions provider, reported its group net income fell 33.3 percent in the first fiscal quarter from a year earlier to Rs. 10 crore (about $1.56 million) despite healthy revenue growth.
30 Jul 2015
A steep drop in fuel surcharges coupled with an increase in driver wages helped drag profit and revenue down at Con-way Freight and Con-way Truckload. Menlo Logistics lost revenue, but managed to increase profit.
30 Jul 2015
China’s HNA Group has agreed to acquire Swissport International, the world’s largest airport ground and cargo handling company, from PAI Partners, a Paris-based private equity firm, for 2.73 billion Swiss francs ($2.8 billion).
30 Jul 2015
State-owned Container Corporation of India is expanding its intermodal services connecting the country’s southeastern container ports, beginning its second rail service to a southeastern port in as many months.
30 Jul 2015
LONDON – NOL Group swung to a net profit of $890 million in the second quarter from a $54 million loss a year ago, almost entirely due to the gain from the sale of APL Logistics to Japan’s Kintetsu World Express.