Nippon Express Co., Japan’s largest international freight forwarder, has acquired a 49 percent stake in NEC Logistics Ltd., the logistics arm of NEC Corp., the two companies announced on Dec. 2.
The latest news from the parcel and package industry, covering major parcel shippers, demand, economics and more.
News & Analysis
22 Nov 2013
UPS, DHL Express and FedEx have published new rates for 2014.
05 Nov 2013
Nippon Express Co., Japan’s largest international freight forwarder, said that its group net profit plunged 34.2 percent in the first half of fiscal 2013, which started on April 1, from a year earlier to ¥7.443 billion ($75.9 million) despite revenue growth.
30 Oct 2013
A shorter holiday shopping period and a consumer shift towards e-commerce may be the drivers behind U.S.-based courier delivery companies’ predictions for...
28 Oct 2013
TNT Express posted a 25 percent year-over-year decline in third quarter profit on 6.6 percent lower revenue...
22 Oct 2013
TNT is determined to claw back ground lost in Asia during the protracted negotiations of its sale to UPS.
18 Oct 2013
When “Captain Phillips,” Hollywood’s take on the April 2009 hijacking by Somali pirates on the Maersk Alabama, debuted on Oct. 11, it thrust the ocean shipping industry into the mainstream spotlight in a way no recent film has. But it’s certainly not the first film to do so, and it won’t be the last.
18 Oct 2013
Blue Dart Express, India's leading air express and logistics services provider, reported a drop in net income but rise in revenue in its second fiscal quarter, which ended Sept. 30.
27 Sep 2013
DHL Express will increase its general average price throughout the Asia-Pacific region by about 5 percent, starting Jan. 1, 2014.
25 Sep 2013
Gati has won its arbitration proceedings against Air India and will receive 268.2 million rupees towards claims, damages, interest and costs from the Indian airline.