Express
Chris Zheng, founder and chief executive of last-mile delivery specialist SpeedX has acquired New York City headquartered, Accelerated Global Solutions, for an undisclosed sum. The acquisition builds on a two-year collaboration between SpeedX and AGS, combining SpeedX’s last-mile delivery with AGS’s customs brokerage and freight forwarding services.
Both companies will continue to operate as separate, cooperating entities under their existing brands.
In his new role as president and chief executive of AGS, ...
[+]
FedEx Corporation has opened an automated sorting facility at its Memphis World Hub. The LEED Certified building, which is now fully operational ahead of the holiday peak season, spans 1.3 million square feet across four levels, includes11 miles of conveyor belt, has dedicated space for ...
[+]
DHL Express officially opened a new service centre at Gatwick at a ceremony in the presence of local MP, Mims Davies.
The area has seen an increase in parcel shipments, calling for a larger facility. The new £37 million facility includes a £2m automated shipment processing ...
[+]
Scandinavian fast freight specialist Danx has relocated its Stockholm distribution hub to a new, larger facility. It is 60% larger than the current site, with eight loading gates for heavy goods vehicles, and ten for smaller delivery trucks – double the number at the current ...
[+]
FedEx contributed more than $85 billion in direct impact to the global economy in 2024, or around 0.1% of the world’s total net economic output said the carrier in its released its annual economic impact report, published on 29 October.
Produced in consultation with data an ...
[+]
UPS has announced third-quarter 2024 consolidated revenues of $22.2 billion, a 5.6% increase from the third quarter of 2023. Consolidated operating profit was $2.0 billion, up 47.8% compared to the third quarter of 2023.
Chief executive Carol Tomé, said: “I want to thank all UPSers for ...
[+]
DHL Express and DHL Global Forwarding have signed the largest ever sustainable aviation fuel (SAF) agreement with IAG Cargo.
The partners plan to use an extra 60 million litres of sustainable aviation fuel (SAF) under a renewed contract with IAG Cargo in 2024 and 2025. They ...
[+]
DHL Express has started work on expanding its aircraft apron and a 305,000sq ft aircraft maintenance facility at its main US hub in Cincinnati. The $292 million scheme includes eight new gates, bringing the total at the gateway to 75 and is expected to be ...
[+]
Federal Express has launched its FedEx Surround portfolio for shipment monitoring and intervention in Europe. Already available in some Asian markets, it isbeing made available to customers in the healthcare sector in the UK, Ireland, Netherlands, Belgium, Luxemburg, Germany, France, Italy, Spain, and Switzerland. Other ...
[+]
SF Express Singapore has officially opened an airside logistics centre at SATS Core A warehouse in Changi Airfreight Centre. It will optimize export and import operations and give faster turnaround times with on-airport processing time expected to be reduced from 4-6 hours to 1½-2 hours.
Since ...
[+]
« Back
More »
