E-commerce giant Amazon looks to be taking steps to operate its own air freight service to compete with the likes of FedEx and UPS, with tests taking place out of DHL’s former US hub in Wilmington, Ohio. The aim would be to improve efficiency and cut its US$4.2 billion (2014) net shipping costs. A posting on Airline Pilot Forums in late October by an individual claiming to be a pilot said that two B767s were in operation for Amazon. Various media reports have suggested the tests, said to be … [Read more...] about Amazon looks to be quietly testing own air cargo ops from Wilmington
Express
FedEx improves China outbound transit times
FedEx Express has announced improvements to its international outbound express services in six Chinese cities, including Fuzhou, Xiamen, Chongqing, Chengdu, Changchun and Xi’an. The transit time for FedEx International Priority and FedEx International Economy shipments from these cities to the US, Europe and other parts of the world will now be reduced by one working day, improving the convenience and efficiency with which customers can connect to the global marketplace, FedEx said. “Our … [Read more...] about FedEx improves China outbound transit times
SingPost continues to innovate with new e-commerce shopping mall
Singapore Post (SingPost) has started construction work on a new S$150 million (US$107 million), 270,000ft² retail mall that combines the benefits of both online and offline shopping by offering a complete suite of e-commerce logistics solutions. The new mall - to be completed by mid-2017 - will be built as part of the Singapore Post Centre (SPC) and will offer greater convenience, choices and experiences to consumers by providing online e-merchants and brick-and-mortar shops all under one … [Read more...] about SingPost continues to innovate with new e-commerce shopping mall
FedEx forecasts record-breaking shipments this peak season
FedEx Corp. predicts it will move a record-breaking 317 million shipments between Black Friday (27 November) and Christmas Eve. This forecast marks a 12.4 per cent increase in year-over-year seasonal volume. The season is expected to be bolstered by three volume spikes in the US, including Cyber Monday (30 November) and the first two Mondays in December, when the company expects to move more than double its average daily volume. In the Asia Pacific region, different 'spikes' are anticipated. … [Read more...] about FedEx forecasts record-breaking shipments this peak season
No EU antitrust objections to €4.4 billion FedEx, TNT merger
European Union antitrust regulators have found no objections to FedEx's €4.4 billion (US$5 billion) acquisition of TNT Express, the two companies said on Tuesday. "FedEx and TNT have been informed by the European Commission that no Statement of Objections will be issued. FedEx and TNT continue to expect that the Offer will close in the first half of calendar year 2016,” the companies said in a joint statement. With a European market share of 17 per cent, the combined company would be Europe's … [Read more...] about No EU antitrust objections to €4.4 billion FedEx, TNT merger
FedEx Pledges US$1 Million for European migrant crisis
FedEx Corp. has committed approximately US$1 million in cash and transportation support to deliver emergency supplies and critical medical aid to the thousands of migrants and refugees arriving in Europe, and provide ongoing assistance to both the people and the local communities affected by the crisis. "FedEx has been closely following the increasingly serious migrant crisis in Europe," said Karen Reddington, president, FedEx Express Asia Pacific. "As a global express logistics provider, we … [Read more...] about FedEx Pledges US$1 Million for European migrant crisis
