FedEx and UPS add 'China fee' ahead of the end of de minimis
In the final weeks before US de minimis exemption for parcels from China ends, UPS ...
A double-digit drop in revenue did little to stem ATSG’s profit momentum in 2018, which grew 16.5%.
In a second successive year of double-digit growth, profits surpassed $312m on the back of $892m in revenues, despite income declining from 2017’s $1.1bn at the same rate (16.5%) that profits grew.
Chief executive Joe Hete pointed to the company’s increased business with Amazon as one of the driving forces behind the ongoing growth.
“Our acquisitions and expansion of our agreements with Amazon have strengthened our ...
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