Courier & Mail

  • Leading integrators need to reorganise networks: Datamonitor

    Leading integrators DHL, TNT, FedEx and UPS need to reorganise their networks as a result of structural changes in the industry according to consulting firm Datamonitor. Despite severe cost cutting programmes, the four major integrators have all recorded a...... Read More
  • UPS signs Shenzhen Customs agreement for new China hub

    UPS and the Shenzhen Customs authority signed a memorandum of understanding (MOU) today to seal the terms of their partnership at the soon-to-be-completed UPS intra-Asia hub, located at China’s Shenzhen International Airport. “We believe the new hub will greatly...... Read More
  • UPS sees net profit halved in Q2 from last year

    UPS saw its net profit fall 49 per cent in the second quarter, to US$445 million with company saying it expects the weak global economy to remain just as weak in the coming months. “The business environment in the...... Read More
  • IATA: Asia cargo carriers optimistic of rising demand

    The latest Airline Business Confidence Index from the International Air Transport Association has indicated carriers in Asia are more optimistic of a stabilisation of profitability over the next twelve months, compared with their counterparts in Europe and North America....... Read More
  • China posts 7.9% GDP growth for second month

    China has reported a 7.9 per cent year-on-year growth in its estimated gross domestic product (GDP) for the second quarter, spurred by a government economic stimulus package. The April-June figure was up from 6.1 per cent in the first...... Read More
  • DHL and Lufthansa launch new cargo carrier

    In a bold but largely unvoidable move, a new cargo airline has taken flight in what is arguably the harshest air cargo environment in the history of air cargo. AeroLogic, the new child of global heavyweights DHL Express and...... Read More
  • China throws up barrier to int’l express carriers

    A new Chinese postal law may make life difficult for international express carriers operating in China to expandtheir business. The Chinese government has enacted a new postal law on 24 April that bars foreign companies from delivering domestic express...... Read More
  • CryoPort and FedEx in life sciences deal

    US-based companies CryoPort Systems Inc and FedEx Express have announced the signing of an agreement to provide an “innovative and breakthrough” frozen shipment solution for the life science industry. The CryoPort Express Shipper allows for products to remain frozen...... Read More
  • TNT Post Germany in talks with publisher

    TNT has said that it is in talks with the Georg von Holtzbrinck publishing group on forming a possible distribution partnership. TNT said that despite the absence of a level playing field in the German postal market, it remains...... Read More
  • TNT reports 58% slide in Q1 net profit

    Netherlands-based TNT has reported a 58 per cent fall in first-quarter net profit on the back of shrinking volumes at its express and mail units, saying the situation was expected to continue through the rest of 2009. TNT chief...... Read More