Data-driven shipper-3PL relationships add value to supply chains

In the modern supply chain, where fluctuating capacity, increased shipper demands and hard-to-predict disruptions create a volatile decision-making environment, shippers and third-party logistics providers (3PLs) are increasingly using analytics to improve efficiency, according to the results of the “2017 Third-Party Logistics Study,” which was released this morning at the Council of Supply Chain Management Professionals[…]

E-commerce, TNT acquisition boost FedEx Express in Q1

David J Bronczek, CEO and President of FedEx Express (left) and Fred Smith, founder, chairman, president, and CEO of FedEx Corp. FedEx reported net profit up 3.3 percent, year-over-year, to US$715 million in the first quarter of its 2017 fiscal year, driven primarily by the strong performance of its U.S. domestic overnight services, which saw[…]

IAG puts a premium on ‘Critical’ service

In an effort to capture more of the ultra-time-sensitive air cargo market, IAG Cargo will launch a new service next month, called “Critical,” which will focus on premium emergency shipments. The carrier also said it will build an expansion to its existing Premia freight facility to handle various premium products. The new Critical service, to[…]

DHL Parcel Europe expands through Slovenian-Hungarian partnership

DHL Parcel Europe has partnered with Pošta Slovenije of Slovenia and the Magyar Posta of Hungary to expand its cross-border e-commerce delivery service across Eastern Europe. The addition of the two countries expands the service across the continent to 18 countries. With the new partnership, online traders can use a harmonized network infrastructure to access[…]