FedEx Express: fourth quarter operating income more than doubled year over year
FedEx Corp. has reported record fourth quarter and full year results – earning growth predicted for fiscal 2022.
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Potential IPO for Trans-o-Flex
Trans-o-Flex is preparing to list on the Frankfurt stock exchange as early as September in a deal that could value the German logistics firm at roughly 1 billion euros ($1.2 billion), Reuters reports.
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Revenue from the Chinese postal sector, rose 10.6 % in May, compared to 2020
China’s postal industry registered rapid growth in business revenue in the first five months of the year, official data shows.
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USPS: continues its efforts to improve service performance and reliability
The U.S. Postal Service provided updated third quarter service performance data through the week of June 18th which shows performance improvement continues to hold steady since the second quarter.
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ParcelHero: Amazon could be forced to sell its logistics arm
The US Government has taken an important step towards ending ‘big tech’ firms’ monopolies. Six new bills could result in Amazon being forced to sell off its logistics arm and AWS services, while Facebook would have to part with Instagram and WhatsApp.
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Sendle gears up for further growth in the United States
Sendle, Australia’s first 100% carbon neutral parcel delivery service, has raised AU$45 million in a Series C funding round to drive market expansion in the United States.
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New logo, visual identity for NZ Post
NZ Post has brought CourierPost, Pace and Rural Post under the single banner of NZ Post, with a new logo and refreshed visual identity.
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Cainiao: we strive to provide African consumers with efficient door-to-door delivery services
Cainiao Smart Logistics Network, the logistics arm of Alibaba Group Holding Limited, today announced the launch of its first air cargo route between China and Africa.
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