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Robots outnumber people 15-to-1 at UPS’ massive new warehouse
United Parcel Service Inc. just opened its largest warehouse, a sweeping 20-acre facility on the outskirts of Louisville, Kentucky. But...
Express
Rough market sees DHL revenue down 19.3% YoY
As airfreight continues to struggle through post-pandemic normalization, DHL Group today reported $20.8 billion in revenue, down 19.3% year over...
Amazon sees Q3 net sales of $143.1B
Amazon reported net sales of $143.1 billion in the third quarter, up 13% year over year. Sales increased 11% YoY...
UPS revenue falls 12.8% YoY in Q3
UPS today reported $21.1 billion in revenue for the third quarter of 2023, a decrease of 12.8% year over year....
FedEx posts profit that tops estimates
FedEx Corp. rose in early trading Thursday on profit that topped analyst estimates and an increase to the low end...
FedEx to build air transit facility at Istanbul Airport
FedEx Express Europe, a subsidiary of FedEx, signed an agreement Monday to build a global air transit facility at iGA...
UPS offers severance package to 167 pilots as air cargo slumps
United Parcel Service Inc. is offering a voluntary severance package for 167 pilots amid a slump in airfreight volume. (Photo/UPS)...
Teamsters approve UPS contract
UPS Teamsters overwhelmingly voted in favor of a five-year contract that includes wage increases for full-time employees and will keep...
UPS, Teamsters reach tentative labor deal avoiding strike
United Parcel Service Inc. reached a tentative agreement to renew a five-year labor contract with the Teamsters ahead of the...
UPS labor talks heat up as both sides race to prevent first strike in 25 years
With less than five weeks to go before the expiration of a United Parcel Service Inc. labor contract, talks to...
FedEx developing app that can ‘auto-crew’ its aircraft
Scott Struminger, a FedEx EVP and CEO of Aviation, speaks at a Wings Club event in New York City. NEW...
Consultant Insight: FedEx Express continues to face challenges
Once again, FedEx's latest earnings were less than stellar, despite meeting analysts' expectations. The company exceeded its second-quarter earnings target...
Consultant Insight: FedEx adds Nigeria to its expanding African route
FedEx Express has established a direct commercial presence in Nigeria as the country looks to lower its logistics costs and...
Consultant Insight: Retailers look to unload excess inventory for holiday peak
The height of the holiday shipping season begins this week with Black Friday and runs through Christmas Eve, but uncertainty...
