DHL Express today said it will invest 100 million eurosto add handling and transport capacity ahead of peak season to accommodate increased e-commerce volumes.
Despite cutting costs and combining its FedEx Ground and FedEx Express divisions, FedEx reported disappointing earnings for its fiscal first ...
CVC Capital Partners Plc signaled it’s willing to increase its €14 billion ($15.6 billion) offer for Deutsche Bahn AG’s logistics unit after losing the bidding to Danish company DSV A/S. The buyout ...
UPS has announced more health care acquisitions and plans additional layoffs amid lower parcel volumes. UPS is facing a seismic strategic shift as it turns its focus more to health care opportunities ...
Canadian transportation department Transport Canada has issued a new security regulation for air cargo passing through the United States to Canada from Europe and Central Asia, following a TSA ...
The FAA announced $1.9 billion in grants today to improve airports throughout the United States and its territories, with $84.4 million allocated for sustainable technologies. The money will go to 519 ...
Despite airfreight rate volatility in the past couple of years, analysts expect rates to stabilize and possibly even increase moderately through the rest of the year. “Our expectations overall for ...
E-commerce shipments to the United States continue to climb as the fourth quarter approaches, with no sign of slowing ahead of the holiday peak season. While the boost has driven strong air cargo ...
IAG Cargo, the cargo division of International Airlines Group, has opened an advanced control center at its largest hub at London Heathrow Airport. IAG Cargo aims to make faster and more informed ...
Sustainable aviation fuel production is on track to reach 460,000 gallons in the United States this year, or 1.74 billion liters — about 89% of IATA’s global projection for the fuel 2024. An August ...
Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private equity firm’s bid for Deutsche Bahn’s planned €14 billion ($15.5 billion) sale of its DB Schenker logistics ...
From left, Rani Plaut, CEO and co-founder of AIR, and Sean Borman, CEO of Aeroauto, attend the Kentucky Derby. (Courtesy/Air) “The core of the design is trying to keep things as simple as possible,” ...