Airlines add transpac capacity as flood of ecommerce traffic continues
Airlines are boosting their transpacific capacity in the face of continued strong ecommerce volumes. Etihad Cargo ...
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
United Parcel Service (UPS) is to become the United States Parcel Service’s (USPS) primary air cargo provider, after its top competitor, FedEx, ended its partnership with the postal service after over 20 years. That service, Reuters reports, accounted for 4% of FedEx’s annual revenue and USPS was its air-based Express arm’s largest customer.
USPS has been revamping its operations to prioritise decarbonisation efforts, and has opted to move from airfreight where possible, shifting letters and parcels to sustainable road transport. Still, media outlets have reported that despite this aim, transporting whatever packages USPS continues to fly is a huge win for UPS.
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