Express
UPS says its first quarter consolidated revenues for 2023 were 6% down on Q1 2022, at $22.9 billion.
Internationally, revenue decreased by 6.8%, driven by a 6.2% reduction in average daily volume due to lower domestic volume and softness in China trade lanes.
Consolidated operating profit was $2.5 billion, down 21.8% compared to the first quarter of 2022, and down 22.8% on an adjusted basis.
Chief executive Carol Tomé, said: “In the first ...
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FedEx Express has reopened and enlarged its international road hub in Duiven, near Arnhem in the eastern Netherlands. The new hub, which has been being rebuilt over the last two years, has increased handling capacity and will provide better reliability and improve the working environment ...
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The organisers of Multimodal 2023 have published the shortlist for the show Awards. They recognise outstanding industry-leading supply chain businesses and individuals.
This year, two of the awards categories, Road and 3PL, have been split to ensure that smaller firms also get the recognition they deserve.
Event ...
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Time-critical logistics firm Carousel Logistics has acquired Dublin-based Alltrans.
The two companies have already integrated their IT and operational systems, are now investing in additional sites at Dublin airport.
Carousel UK managing director, Andrew Lowery (pictured) said the move would give more flexibility and swifter fulfilment of ...
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DHL says it has now shipped more than 60,000 care packages to Ukraine under the DHL initiated a campaign it initiated in early April 2022. For one year now, private customers in Germany have been able to send parcels free of charge through DHL to ...
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Turkish parcel company Kuryenet says its new automated robotic sorting system is not only the first of its kind to be installed in the country but also represents the biggest application of robot-based technology in Europe.
The system was designed and fitted by LiBiao Robotics in ...
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UPS has opened a £2.5 million small package facility in Telford in the Midlands. The 6,500sq m building can sort up to 5,000 packages per hour.
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Organisers of the Multimodal show in Birmingham NEC on 13-15 June have revealed the programme of discussions and presentations. These include: Peak Season Preview 2023; Digitalisation of International Trade and Transport; A Rail Retail Revolution; Roadblocks to sustainable freight - and how to overcome them; ...
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Cathay Cargo says that its enhanced Cathay Mail platform will give post offices track-and-trace visibility and improve customer experience.The “mail as cargo” solution integrates mail-handling data with air cargo systems using the the postal air waybill (PAWB) to remove much of the shipment paperwork previously ...
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UPS Healthcare has opened its first dedicated healthcare logistics facility in Germany, in Giessen, about 50km north of Frankfurt-am-Main. The 27,200sq m GMP- and GDP-compliant space has over 30,000 pallet positions capable of supporting storage at 2°C to 8°C, 15°C to 25°C and down to ...
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