Logistics Providers

Logistics Providers

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

Commentary

When UPS on Jan. 23 pre-announced fourth-quarter earnings, it shouldn’t have been a surprise. Yet some analysts said they were “troubled by the company’s inability to get peak (operating expenses) right during what is increasingly becoming the most important quarter of the year” and were concerned “that UPS got the service but not the cost, which is going to leave the market wondering if it can only have one or the other.”

News & Analysis

28 Feb 2015
A bill introduced in the House of Representatives this week would establish national hiring standards for shippers, brokers and other parties contracting or using trucking companies.
truck with APL container at Los Angeles APL Global Gateway South terminal
27 Feb 2015
The Port of Los Angeles is teaming up with terminal operators and a harbor drayage company to launch a container free-flow operation aimed at reducing congestion at the largest U.S. port while delivering import loads to retailers and other large shippers quickly and efficiently.
26 Feb 2015
Freight forwarder Expeditors International saw air freight volume soar in the fourth quarter, reaching a 19 percent year-over-year increase in December, as shippers tried to fly over West Coast port gridlock.
25 Feb 2015
Kuehne+Nagel in 2014 became the largest non-vessel operating common carrier serving the overall U.S. import market, knocking longtime leader Expeditors International out of the top spot, according to PIERS, a sister product of JOC.com within IHS.
25 Feb 2015
Kuehne+Nagel posted a new record result in 2014 driven by a return to profit from its inland division and what it described as dmarket-beating growth in sea and air freight traffic.
25 Feb 2015
Damco’s decline deepened in 2014 as the Maersk Group’s freight forwarding and logistics unit saw ocean and air freight volumes slide in a growing market.
25 Feb 2015
Maersk Group made a record net profit of $5.2 billion in 2014, up 38 percent on the 2013 result and driven by a strong performance by Maersk Line, which reported a profit of $2.3 billion.
20 Feb 2015
State-owned intermodal operator Container Corporation of India said it has helped clear out the backlog of import containers destined for Ludhiana that had stacked up at major ports on the west coast over the past few months.
19 Feb 2015
A healthier global economy, strong U.S. dollar and low fuel prices should give global logistics and transportation merger and acquisition activity a boost in 2015, according to consulting firm PwC US.
19 Feb 2015
There is a growing disconnect between third-party logistics providers and manufacturers and retailers who say they are dissatisfied with the level of service they are being provided.