Calgary International Airport (YYC) has announced that DHL Express, a market leader in the logistics industry, as the initial, anchor tenant in its newest cargo and logistics facility. DHL Express, a YYC partner since 2002, will expand its current facilities at YYC, taking almost 3,530 sqm of space – nearly tripling the size of its operation at YYC. “This investment in our Calgary facility is being made to support current growth, but also the significant mid- to long-term potential we see in … [Read more...] about DHL Express triples operations at Calgary International
Express
FedEx completes €4.4 billion acquisition of TNT
FedEx Corporation has announced that it has acquired TNT Express. The €4.4 billion acquisition combines the strengths of the companies – the world’s largest air express network and an unparalleled European road network, which will expand the existing FedEx portfolio and reshape the global transportation and logistics industry, FedEx said. FedEx said the integration process of TNT Express will begin immediately, adding that the company's track record of successful acquisition integrations in … [Read more...] about FedEx completes €4.4 billion acquisition of TNT
FedEx takes sharper aim at the cold chain market
In a move that takes sharper aim at the high yield segment of the air cargo supply chain, FedEx Express has opened its new FedEx Cold Chain Center at the FedEx Express World Hub in Memphis, Tennessee, US. While this dedicated facility is the first of its kind for the FedEx network, FedEx operates smaller-scale cold chain facilities at the Charles de Gaulle Airport in France, the Cologne Bonn Airport in Germany and the Kansai International Airport in Japan. Designed to protect the integrity … [Read more...] about FedEx takes sharper aim at the cold chain market
YTO Express looks to widebody freighters for int’l expansion
Alibaba-backed Shanghai YTO Express (Logistics) Co, China's third largest express-delivery company is planning to introduce at least three widebody freighters to its fleet in 2018 as it seeks to expand its international delivery operations, its chairman said on Monday, according to a China Daily report. YTO Express chairman,Yu Weijiao said the freighters will support the company's overseas parcel delivery service, cross-border e-commerce business and temperature-controlled supply-chain … [Read more...] about YTO Express looks to widebody freighters for int’l expansion
UPS partners on Rwanda drone network for humanitarian delivery
The UPS Foundation today announced a partnership with Zipline, a California-based robotics company, and Gavi, the Vaccine Alliance, to explore using drones to transform the way life-saving medicines like blood and vaccines are delivered across the world. To the support the initiative UPS has awarded a US$800,000 grant to support the initial launch of this initiative in Rwanda. All too often, UPS notes, critical health products spoil or fail to reach the individuals who urgently … [Read more...] about UPS partners on Rwanda drone network for humanitarian delivery
Australia Post, Qantas set to launch StarTrack’s domestic freighter network
Australia Post along with Qantas is set to launch a dedicated domestic freighter network for StarTrack, a subsidiary that provides e-commerce-driven, parcel delivery and supply chain solutions for local, international and online businesses. To be launched in July this year, Qantas will provide three B737Fs and three BAE146-300Fs as part of a A$500 million (US$366.8 million) contract signed last year with Australia Post to carry domestic mail, parcels and express post until mid-2020. "This … [Read more...] about Australia Post, Qantas set to launch StarTrack’s domestic freighter network