UTi installs first ByBox locker in South Africa
UTi Worldwide announced on Tuesday (15 September) that it has installed the first of the more than 450 UTi ByBox shipment lockers it plans to deploy throughout South Africa.
Read MoreAuthor: Ian Taylor
Panther Logistics wins BSH home delivery contract
Two-man delivery specialist Panther Warehousing has won a new home delivery contract with BSH Home Appliances in the UK.
Read MoreCainiao and USPS sign cross-border logistics MoU
Alibaba’s logistics affiliate Cainiao and the United States Postal Service (USPS) have signed a Memorandum of Understanding (MoU) to “develop new international shipping solutions and enhance the logistics-service experience for both sellers and buyers involved in cross-border e-commerce”.
Read MoreHermes offers retailers Christmas guarantee
Hermes has announced the return of its money back delivery guarantee this Christmas.
Read MoreEuropean Parliament’s Transport Committee backs new report on drones
The European Parliament’s Transport Committee voted yesterday (15 September) to back a new report which seeks to ensure that any regulation on the use of drones for non-military purposes “takes a risk-based approach, without creating unnecessary burdens for the industry”.
Read MoreFedEx reports higher Q1 earnings
FedEx has reported a net revenue of $12.3bn and net income of $692m for the first quarter (Q1) of fiscal year (FY) 2016 – up from, respectively, $11.7bn and $612m in Q1 2015.
Read MoreAnalysts respond to FedEx results
In its statement on the results for the first quarter (Q1) of fiscal year 2016 issued earlier today, FedEx reported a 6% increase in profits compared to a year earlier and an increase in revenue to $12.3bn from $11.7bn – but these figures missed analysts’ estimates and also prompted the company to lower its forecasts.
Read MoreParcel shipping platform Packlink reports $12.6m investment
Online parcel shipping platform provider Packlink has reported that it recently raised $12.6m in Series C investment, led by Eight Roads Ventures.
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