Q4 air cargo surge expected, but e-commerce will dominate capacity
A busy Q3 for airfreight has heightened expectations that a Q4 surge will be stronger ...
DSV: SCHENKER BOOST DAY TWODSV: STOCK MARKET FALL ACCELERATES DSV: 'NON-EVENT' CONF CALL DSV: COUNTRY LEVEL REPORTING LINES DSV: 'WE ARE ENCOURAGED TO FIND A DEAL WITH THE UNIONS' DSV: SCHENKER DEBT REFINANCING RISK DSV: SCHENKER DEAL FUNDINGDSV: CUSTOMER OVERLAPDSV: EARNINGS PER SHARE ACCRETIONDSV: 'SCHENKER UPLIFT' QUESTION DSV: SCHENKER GLOBAL ACCOUNTS DSV: BUYBACKS STOPPEDDSV: GERMAN STATE APPROVAL DSV: SIZE AND MARGINSDSV: CONF CALL 'QUOTE OF THE DAY'DSV: CONF CALL CEO TIE-UP LOOKDSV: SCHENKER TAKEOVER CONF CALL ABOUT TO STARTWTC: ONE OBVIOUS DSV SCHENKER WINNER DSV: REACTIONDSV: AGREEMENT TO ACQUIRE SCHENKER SIGNED
DSV: SCHENKER BOOST DAY TWODSV: STOCK MARKET FALL ACCELERATES DSV: 'NON-EVENT' CONF CALL DSV: COUNTRY LEVEL REPORTING LINES DSV: 'WE ARE ENCOURAGED TO FIND A DEAL WITH THE UNIONS' DSV: SCHENKER DEBT REFINANCING RISK DSV: SCHENKER DEAL FUNDINGDSV: CUSTOMER OVERLAPDSV: EARNINGS PER SHARE ACCRETIONDSV: 'SCHENKER UPLIFT' QUESTION DSV: SCHENKER GLOBAL ACCOUNTS DSV: BUYBACKS STOPPEDDSV: GERMAN STATE APPROVAL DSV: SIZE AND MARGINSDSV: CONF CALL 'QUOTE OF THE DAY'DSV: CONF CALL CEO TIE-UP LOOKDSV: SCHENKER TAKEOVER CONF CALL ABOUT TO STARTWTC: ONE OBVIOUS DSV SCHENKER WINNER DSV: REACTIONDSV: AGREEMENT TO ACQUIRE SCHENKER SIGNED
Oh dear. There is always (at least) one. This year it’s UPS’s turn to battle the holiday surge in e-commerce volumes. It seems that despite 95,000 extra workers, it is not meeting delivery targets and is adding a day or two to transit times. This is the first year UPS has added surcharges during peak periods, but that does not appear to have dented demand, and it has told some workers that it might raise the number of hours drivers work to 70, over eight days, rather than 60 in seven days. This has not gone down very well with the Teamsters union. According to third-party data, UPS has shipped 89.2% of parcels on time, compared with 99.4% shipped by FedEx.
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