Last December, clandestine teams of Chinese executives began showing up at airports across Europe, probing the facilities that they visited for strengths and weaknesses. They tracked shipments, timed customs delays, rated services and mapped out logistics infrastructure. While these cloak-and-dagger movements may seem to be wrapped in political intrigue, of a
Supply-chain
State of Global Logistics: Delivering above and beyond – Commentary
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and the most successful shippers will be those that are able to mitigate their impact on profitability. And, the right technology will play an increasingly vital role in driving efficiencies across the global logistics network. By Patrick
UPS announces further expansion of its Worldwide Express service
The endeavour, which is comprised of expanded service into 57 countries and territories, including Brazil, India, and South Korea, and five new countries receiving Express service, including Bangladesh and Madagascar, said UPS. UPS said this week that its UPS Worldwide Express Service now is available in 124 countries and territories. This service provides customers with
DHL partners with Cologne Business School to ‘go green’
DHL Global Forwarding, the logistics arm of Deutsche Post DHL, has published a white paper in partnership with the Cologne Business School, in an endeavor to incorporate sustainable practices into its supply chain. The white paper lists actions that all forwarders and logistics firms can take to “intensify their environmentally friendly
How Shipping With Amazon Test Hits UPS and Fedex Stock
A Federal Express truck is parked next to a UPS truck as both drivers make deliveries in downtown San Diego, California March 5, 2013. REUTERS/Mike Blake Investor Place - When Amazon.com, Inc. (NASDAQ:AMZN) decides to disrupt a market, things can get dicey for established companies that end up in the cross-hairs. We’ve seen
UPS posts $1.1 billion profit for 4Q on high online shopping
FedEx to give wage increases, bonuses to workers
Memphis, Tenn. (AP) - FedEx says it’ll be giving wage increases, bonuses and make a voluntary $1.5 billion contribution to the company’s pension plan, citing recent tax reform legislation. The package delivery company follows others doing the same, including Home Depot, Disney, Starbucks and Walmart. Imagine your Ad placed here FedEx Corp. said Friday that it’ll
FedEx advocates for NAFTA reform to facilitate cross-border e-commerce
With representatives from Mexico, Canada, and the United States currently meeting in Montreal for the sixth round of negotiations on the North American Free Trade Agreement (NAFTA) reforms, major differences remain, and the March deadline is approaching fast. With its sprawling transnational network predicated on free trade, FedEx is following
David Binks of FedEx Express Europe, TNT, to retire in June
(L-R) FedEx's David Binks, Bert Nappier and Helena Jansson David Binks, FedEx Express Europe president and CEO of TNT, will retire in June after spending more than 30 years with the company and playing an important role in FedEx’s acquisition of TNT Express, which was completed in 2016. Binks will be succeeded by
FedEx commits $3.2 billion to raise pay, expand hubs after U.S. tax overhaul
(Reuters) - Package delivery company FedEx Corp said on Friday it will spend more than $3.2 billion on wage increases, bonuses, pension funding and capital investment, taking advantage of the U.S. tax overhaul signed into law in December. The Memphis, Tennessee-based company said it would invest $1.5 billion to significantly expand