EU regulators recently approved FedEx’s acquisition of TNT after considering restrictions to ensure competitiveness in the market just a month earlier. If any customers or competitors are thinking of filing objections, they should be reminded that there would be no sound basis for any such move.
In-depth coverage of express cargo shipping news and companies such as UPS and TNT Express.
News & Analysis
06 Jul 2022
Less-than-truckload (LTL) transportation is more than it used to be, and that’s leading to acquisition and expansion in a US trucking sector that is slowly becoming more international in its focus.
28 Jun 2022
The less-than-truckload industry is positioned to ride through a rocky soft patch in the economy and even a short recession with higher pricing, carrier executives at the SMC3 Connections conference said.
10 May 2022
Forward Air is acquiring a Seattle-based drayage company as part of its strategy to direct more transloaded international container freight to its expedited LTL network.
23 Feb 2022
Higher rates and accessorial charges helped the largest US less-than-truckload carriers add revenue at an unprecedented pace last year, with the five fastest-growing companies increasing their top line between 30 and 40 percent.
25 Jan 2022
San Francisco-based Passport said it will use $39 million in new funding to expand its outbound parcel platform for US e-commerce sellers looking to manage logistics and trade compliance on international orders.
10 Aug 2021
The acquisition of parcel consolidator Access Worldwide by startup cross-border shipping platform Passport is likely targeted at cost-conscious shippers needing to fulfill small package orders.
18 May 2021
Air cargo peak surcharges are increasing on the Asia-US trade as business-to-business (B2B) parcel shippers opt for quicker delivery times to replenish inventories.
05 Apr 2021
Third-party logistics industry had a banner 2020, with double-digit revenue growth, according to SJ Consulting.
03 Mar 2021
To secure capacity, truck shippers must offer freight that ‘fits’ a carrier’s network of lanes, vehicles, and drivers, speakers at a virtual TPM21 panel said.
05 Jan 2021
CEO Tom Schmitt says better pricing and targeted expansions beyond its air freight footprint will help Forward Air provide the shareholder value sought by activist investors.
30 Dec 2020
An $89.5 million stock purchase at Forward Air aimed at increasing shareholder value should be a “wake-up call” for other less-than-truckload providers that likewise may not be as profitable as activist investors think they should be.
06 Oct 2020
The purchase of Value Logistics gives Forward a bigger intermodal presence in the South-Central distribution hub as freight volumes of all types rise, said CEO Tom Schmitt.
16 Sep 2020
The acquisition of CLW Delivery gives expedited trucking operator Forward Air custom final-mile delivery services and new territory, as its LTL and final-mile businesses converge.
11 Sep 2020
UPS and Amazon are expanding capabilities at smaller airports in Kansas City and Tampa, respectively, to speed up last-mile deliveries.
31 Aug 2020
As e-commerce booms on both sides of the US-Canadian border, Purolator International expands northbound next-day air service between the countries.
05 Aug 2020
The three largest express providers reported improving signs in the sector in their most recent earnings reports, as COVID-hit volumes recovered gradually as the second quarter progressed.
27 Jul 2020
As freight volumes rise, expedited LTL operator Forward Air is expanding capacity by 30 percent at the heart of its airport-to-airport network in Columbus, Ohio.
23 Jul 2020
More door-to-door, less-than-truckload freight will add revenue and freight density to Forward Air’s airport-to-airport lanes and create new final-mile opportunities, the company’s CEO says.
13 Jul 2020
By launching a door-to-door, less-than-truckload business in Savannah, Forward Air is adding more freight and building density in its airport-to-airport network.
02 Jun 2020
The acquisition of ScanData gives Transplace broader supply chain reach as the COVID-19 pandemic accelerates e-commerce demand.
29 Apr 2020
Even when air cargo demand for urgent medical supplies drops off, there is no certainty that recession-hit consumers will resume spending, and if they do, capacity will still be tight as passenger fleets remain grounded.
19 Mar 2020
FedEx expands use of its US ground unit to deliver more air express packages, as e-commerce volumes swell and Amazon ups the competitive ante.
09 Mar 2020
Compared with the freight boom of 2018, last year was disappointing for US less-than-truckload carriers, but pricing discipline allow the largest operators to maintain — and in some cases increase — their top line revenue.
11 Feb 2020
A survey of delivery drivers projects that missed deliveries and time wasted due to outdated and incorrect maps and navigation aids results in $2.5 billion in added costs.
13 Nov 2019
A worsening political situation and escalating protests have forced the cancelation of an important airline gathering in Hong Kong.
08 Nov 2019
The shortage of slots for all-cargo flights cost Amsterdam Schiphol airport heavily in the first nine months of the year.
26 Sep 2019
Nippon Express takes an ownership stake in an Indian logistics company as it looks to grow its presence in the country’s evolving supply chain dynamic.
22 Apr 2019
The 50 largest US trucking operators grabbed a larger share of the market, while smaller carriers raised the bar in terms of revenue growth last year thanks to the strongest freight market since the 2009 recession.
20 Apr 2019
Although the e-commerce giant doesn't describe itself as a third-party logistics provider (3PL), Amazon has surpassed major global players such as DHL and Kuehne + Nagel in 3PL revenue.
21 Mar 2019
Shippers should be on the lookout for increases in trucking and parcel accessorial charges as freight rates come under increasing pressure.
25 Jan 2019
Capacity may ebb and flow, but e-commerce will keep pressure on shippers to adopt technology and review supply chain strategies, says DHL Supply Chain’s Jim Monkmeyer.
15 Nov 2018
Collaboration is not just an activity, but a process, and it requires a focus on customer experience, logistics executives told the Traffic Club of Chicago at a Business Development Symposium Wednesday.
15 Aug 2018
The JOC Top 50 Global Logistics Providers, published on JOC.com on April 13 and in the April 16 Journal of Commerce magazine, misstated the annual revenues for Nippon Express.
06 Feb 2018
The new facility near the El Paso International Airport will serve shippers in what is called “the Borderplex” — a manufacturing region stretching out from the cities of El Paso, Texas and Ciudad Juarez, Mexico.
01 Dec 2017
Morocco is aggressively attracting foreign companies through its special economic zone system.
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