A delivery man walk pass parked royal mail idle delivery vans The company warned that full-year profits would be lower than expected amid an accelerating decline in letter volumes. Shares in Royal Mail have sunk to their lowest level since privatization after it warned that annual profits would be lower than expected
Business
Primera Air: Passengers stranded as airline collapses
A budget airline that began offering long-haul flights from UK airports earlier this year, including Stansted to the US, has collapsed. Primera Air said it was ceasing all operations at midnight on Monday after 14 years of operations. Flights to Washington and New York due to leave Stansted on Monday night were
Amazon Air and DHL Express drive infrastructure development at Cincinnati/Northern Kentucky International Airport (CVG)
Amazon Air’s fleet of 767s parked at CVG. Last week, Air Cargo World visited Cincinnati/Northern Kentucky International Airport (CVG) to check out the changes underway at the fastest growing cargo hub in the United States, which, happens to be home to Amazon Air and DHL Express. Although DHL Express and Amazon Air operate
Electric cars cast growing shadow on profits
FILE PHOTO: The EQC, the first fully electric Mercedes car is shown at a presentation in Stockholm, Sweden September 4, 2018. REUTERS/Esha Vaish/File Photo Electric cars are poised to arrive en masse in European showrooms after years of hyped concept-car launches and billions in investment by automakers and suppliers. Now comes the
DHL offers cash-on-delivery payment for e-commerce in SE Asia
What’s the opposite of digitalization? DHL e-commerce’s new cash-on-delivery service, which allows consumers to pay for international online purchases with cash as a part of the company’s “parcel international direct” channel. The service targets sellers based in China and Australia that deliver to consumers in Malaysia, Thailand and Vietnam. “Despite growing credit
UPS expects automation, expansion plans to boost earnings by 2022
United Parcel Service Inc expects its automation and expansion plans to add between $1.00 and $1.20 to its adjusted earnings per share by 2022, the world’s biggest package delivery company said on Thursday. Atlanta-based UPS is in the early stages of its $20 billion capital spending project to automate and expand
U.S. rail volumes sustain steady climb
US intermodal rail lines Combined carload and intermodal shipments have grown 4 percent year-over-year through August. Total combined U.S. freight railroad traffic in August grew another 4.5 percent to 2.83 million carloads and intermodal units compared with the same month a year ago, according to the latest data from the Association of
Amazon Orders 20,000 Mercedes Vans to Bolster Delivery Program
Electric Mercedes opens German assault on Tesla
FILE PHOTO: A Tesla Model S electric car is seen at its dealership in Seoul, South Korea July 6, 2017. REUTERS/Kim Hong-Ji/File Photo Mercedes-Benz is set to unveil its much-anticipated electric SUV on Tuesday, marking the start of a German onslaught against Tesla’s dominance of the fast-growing market for premium battery cars. Daimler-owned Mercedes,
Third-party logistics providers say they can help deal with truck and driver shortages.
3PLs offer shippers ‘untapped capacity’ As shippers continue to grapple with finding available trucking capacity across the nation, third-party logistics providers (3PL) say they can help ease these burdens in an increasingly challenging market. The trucking industry’s driver shortage does not seem to be letting up, despite companies offering such incentives as