Despite stronger revenue growth, weak global trade was cited as the reason for no year-over-year change in DHL Group’s profitability in the third quarter. DHL Group reported a 6.2% increase in consolidated revenue, totaling 20.6 billion euros ($22.1 billion) for…
DHL Express this week started its 777F operation with Central Airlines, its first CMI provider in China. Central Airlines today flew the 2019-vintage unit 66080 from Shenzhen (SZX) to DHL’s Leipzig (LEJ) hub in Germany. Unit 66080 was previously part…
JD Logistics is expanding its express routes as competition heats up for quicker cross-border deliveries ahead of Singles Day and the yearend holiday season. Focusing on e-commerce, JD Logistics in October launched express delivery service from China to seven Southeast…
After a bruising first half, UPS reported growth in revenue, profit and volume during the third quarter. Today UPS reported $22.2 billion in consolidated revenue, a 5.6% increase from Q3 2023. Consolidated operating profit was $2 billion, up 47.8% year…
FedEx reported $21.6 billion in revenue for its first quarter, which ended Aug. 31, down 0.5% from the corresponding period in 2023. The company reported $18.3 billion in revenue for FedEx Express, down 1% year over year, and $2.3 billion…
Malcolm Macbeth, senior vice president of global air fleet management for DHL Express, will join Cargo Facts Symposium 2024 for the panel discussion “Shifting market share in the medium-widebody and narrowbody segments” at the Omni Hotel in San Diego on Tuesday,…
FedEx on Sept. 18 took delivery of its twentieth Cessna 408 SkyCourier from Textron Aviation after closing out the first quarter of its 2025 fiscal year. The SkyCourier (408-0032) departed Wichita Beech Factory Airport, Kan. (BEC), that day and arrived…
DHL Group today reported 20.6 billion euros ($22.3 billion) in revenue for the second quarter of 2024, an increase of 2.7% year over year. THE BIG PICTURE: Like other air cargo and freight forwarding companies, DHL is beginning to see…
International Airlines Group today reported 8.3 billion euros ($9.1 billion) in revenue for the second quarter, an increase of 7.8% from the same period last year. Cargo revenue grew 1.1% year over year to $308.8 million. Like other carriers,…
UPS today reported $21.8 billion in second-quarter consolidated revenues, a decrease of 1.1% year over year. THE BIG PICTURE: Like other companies in air cargo and the supply chain, UPS is seeing improvement compared with its earnings from the past…