cathy roberson
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Forwarders Gain Volumes Despite Lower Financials in Q1
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Volumes turned positive for several freight forwarders during the first quarter. But, due to excess capacity and low rates, it was difficult for many to ...

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Consultant’s Insight: Weak express, forwarding financials drag down DHL’s Q1
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DHL Group yesterday reported first-quarter 2024 revenue of 20.3 billion euros ($21.8 billion), a 2.9% decline from Q1 2023, and operating profit of $1.4 ...

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Consultant’s Insight: Focusing on SMBs
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Parcel, express and other logistics providers are particularly interested in small and medium-sized businesses, and in offering services tailored to the ...

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Air Cargo Rates Stabilize 1st Time Since Mid-2022
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Following six consecutive weeks of increases, air cargo rates have stabilized for the first time since mid-2022.  During the second week of April, air cargo ...

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UPS Reports Financial and Volume Declines
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It was a disappointing start to 2024 for UPS, as the company reported a 5.3% year-over-year decline in the first-quarter, a consolidated revenue of $21.7 ...

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Integrators Follow Similar Health Care, Asia Strategies
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UPS is betting on the health care market and Asian trade to boost its overall revenue, while FedEx and DHL are considering similar strategies.   UPS ...

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Change in De Minimis Could Impact US Air Cargo Volumes
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E-commerce accounts for 20% of global air cargo volumes and the share could increase to 30% by 2027, according to IATA. However, this growth could slow if ...

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DB Schenker Introduces Standardized Onboard Courier Service
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DB Schenker is the latest supply chain provider to introduce a standardized onboard courier service to assist customers needing urgent courier solutions for ...

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UPS Replaces FedEx as Top Air Cargo Provider for USPS
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The U.S. Postal Service today awarded an air cargo services contract to UPS that will see the express carrier become the postal service’s primary air cargo ...

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Consultant’s Insight: UPS bets on One UPS Advantage
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UPS highlighted innovations and plans at an investor and analyst day meeting on March 26 — its first such meeting since June 2021.   Chief Executive Carol ...

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