Air Cargo Forwarder News

Deutsche Post said it will target investment at its DHL express and logistics business in the next five years as its mail unit faces stagnant earnings.

Air cargo trucker Towne Air Freight acquired HBI Freight, one of the largest full-service air cargo and home delivery trucking companies on the eastern seaboard.

UPS and FedEx, the two biggest U.S.-based express carriers, announced what they expect to be the busiest shipping days of the holiday season.

Deutsche Post DHL swung to profit in the third quarter after a year earlier loss. The change was driven by surging ocean and air cargo volumes and “extraordinarily high” freight rates.

TNT, the Dutch postal and express group, Nov. 8 rebuffed an ultimatum it dubbed irresponsible by labor unions for cuts in planned layoffs.

DHL Express is ready to grow again after a radical restructuring prompted by its exit from the U.S. domestic market, the head of the Deutsche Post subsidiary said.

A pound of pentaerythritol tetranitrate — PETN — isn’t enough to bring down a target the size of the World Trade Center, but it’s plenty to blow a plane out of the sky.

The JOC Week in Review for November 5 gives you the highlights of top news stories from this week, and also a preview of the Nov. 8 edition of the Journal of Commerce.

The UK's Royal Mail reported first half profit slumped 72 percent from a year ago as losses at its core domestic mail unit outweighed improved earnings at its European logistics and international parc

FedEx will buy India package and freight delivery specialist AFL and its affiliate company Unifreight India, sharply stepping up the company’s investment in one of the world’s fastest growing economie

The U.S. Postal Service announced a 3.6 percent overall price increase for all shipping services starting in January.

UPS announced a 4.9 percent rate hike in January for domestic ground packages and air express shipments in the U.S., the company said Monday.

The UK banned unaccompanied freight from Somalia, extending after Nov.

TNT, the Dutch global express and postal group, reported third quarter earnings fell 24 percent from a year ago on lower mail earnings, higher costs and pricing pressures.

The U.S. Postal Service suspended service for mail coming out of Yemen this weekend as new details emerged about the movement of explosives in packages bound for the United States.

Rep.

U.S. Postmaster General John E.

Stronger global demand and daily shipping volume helped UPS boost its profit margin to 8.1 percent from 4.9 percent in the third quarter a year ago.

The UK's coalition government Oct.

UPS expects to hire about 50,000 temporary workers for the holiday shipping season, about the same number the parcel carrier brought on last year, company officials said Friday.

The U.S.

FedEx Express is expanding and adding Saturday delivery to its FedEx First Overnight service.

DHL launched its EXPRESS 10:30 service in South Korea. The premium door-to-door delivery service guarantees the arrival of shipments by 10:30 a.m. the next business day.

UPS said it is preparing to follow its ban on driver texting with a broader policy on use of cell and smart phones while its employees are behind the wheel, in support of federal policies to combat di

Struggling with rising freight volume and continuing losses, FedEx will merge its FedEx Freight and FedEx National LTL networks, closing as many as 100 facilities.

Fedex doubled its net profit in its quarter ending Aug. 31 to $380 million on strong expansion in international express shipping, but the company issued a forecast for slower global economic growth.

The U.S. Postal Service Monday began contract negotiations with the National Rural Letter Carriers Association.

Dutch express and logistics company TNT this week launched the first fully electric delivery vehicle fleet in China.

A UPS 747-400 freighter crashed just after takeoff from Dubai on Friday. Both crew members died, according to local reports.

Deutsche Post, the German postal and logistics group, does not have to repay state aid and interest of $1.5 billion, the European Union’s highest court ruled.

The U.S.

The battle over the employment status of drivers at FedEx Ground moved to Massachusetts this week as 31 current and former drivers sued the carrier, alleging improper classification.

UPS launched a new service that enlists the U.S.

The Transported Asset Protection Association recognized the DHL Express hub at the Cincinnati/Northern Kentucky Airport for meeting the group’s standards for cargo security.

Deutsche Post reported sharply higher second quarter profit and raised its full-year forecast because of higher profits at DHL, which CEO Frank Appel said has become the company’s “growth

Dutch postal and express group TNT announced it will separate its mail and express businesses by the start of next year.

FedEx raised its projected earnings forecast for the current quarter on Monday, saying demand for international air express shipping is accelerating.

UPS says it is seeing some ocean freight shipments switch to air because of an “ocean squeeze” on capacity, and the company expects more shippers to move to expedited transport as demand i

UPS saw its net profit grow 90 percent in the second quarter to $845 million, the strongest profit in nearly two years, on a sharp surge in demand in international and domestic expedited business, the

Package carrier FedEx is building a small-package sort and delivery station near Chicago that will be the fifth major facility in that area for its FedEx Ground unit.