In Wednesday’s after-hours US trading, FedEx shares dropped 5% to US$175.49 after the parcels group cut its profit targets for the current fiscal year citing troubles at its express delivery business and the impact of a European acquisition.
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Singapore Post Limited (SingPost) has launched its Postman Home Visits initiative, where postmen volunteer to check on vulnerable elderly while making their delivery rounds.
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Australia Post is securing full ownership of Aramex Global Solutions (AGS), which provides end-to-end cross-border logistics solutions to a portfolio of iconic global eCommerce merchants.
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Aramex, the global provider of comprehensive logistics and transportation solutions, has launched ‘Aramex Fleet’, a crowd-based delivery platform that connects Saudi nationals to flexible last mile delivery work to leverage on Saudi Arabia’s sharing economy and support strong demand for Aramex services in the Kingdom.
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Volga-Dnepr Group, one of the leading group of air freight carriers, has signed a memorandum of understanding with Cainiao Smart Logistics Network Ltd, the logistics arm of Alibaba Group, with the aim to strengthen its positions in the area of cross-border shipments in the market and jointly build a global smart logistics network to meet upgrading demands.
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The Universal Postal Union (UPU) announced it would roll out digital financial services projects reaching as many as 800,000 people and businesses across Africa, Asia and the Pacific under its Financial Inclusion Technical Assistance Facility (FITAF) in 2019.
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DHL Freight has received external certification of its global management system which confirms its high standards in quality, environmental and energy management.
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As Christmas approaches, a new report commissioned by Royal Mail reveals that food and drink are the most popular subscription boxes.
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