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Air Freight & Courier Services

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Canada Post announces partnership with Shopify

Wednesday, 21 Sep 2016 08:21am EDT

Canada Post Corp : Announced a strategic partnership with Shopify .Shopify merchants are able to purchase shipping labels at up to 40 percent off usual Canada Post rates when buying labels through Shopify.

DX Group posts full-year pretax loss

Wednesday, 21 Sep 2016 02:00am EDT

Dx (Group) Plc : Fy pretax loss -82.7 million stg versus 24.8 million stg profit year ago . Fy revenue 287.9 million stg versus 297.5 million stg year ago . Total dividend 2.5 pence per share .Final dividend 1.5 pence per share.

Forward Air says lowered its Q3 YOY revenue growth guidance range to down 2% to up 2%

Monday, 19 Sep 2016 09:05pm EDT

Forward Air Corp : Forward Air Corporation revises third quarter 2016 guidance . Says lowered its third-quarter 2016 year-over-year revenue growth guidance range to down 2% to up 2% . Q3 earnings per share view $0.64, revenue view $253.8 million -- Thomson Reuters I/B/E/S .Says "change in company's revenue and adjusted income guidance was driven by lower freight volumes".

Fedex to raise shipping rates for express,ground,freight services

Monday, 19 Sep 2016 04:32pm EDT

Fedex Corp : Fedex to increase shipping rates for express, ground and freight services . Says subsidiaries of Fedex will increase shipping rates effective january 2, 2017 . Says Fedex ground and Fedex home delivery will increase shipping rates by an average of 4.9% .Says Fedex express will increase shipping rates by an average of 3.9% for U.S. Domestic, U.S. Export and U.S. Import services.

New York State, City seek over $872 million from UPS related to alleged illegal cigarette shipments

Monday, 19 Sep 2016 11:00am EDT

UPS : New York state, city seek more than $872 million penalties, damages from UPS over cigarette shipments--lawyer for city . Lawyer, speaking at Manhattan federal court hearing, also says city, state are seeking appointment of monitor . Lawsuit accuses UPS of illegally delivering untaxed cigarettes in New York.

Chokhani Global Express says Keshri Nandan Bagla resigns as CFO

Monday, 19 Sep 2016 06:35am EDT

Chokhani Global Express Ltd : Keshri Nandan Bagla resigns as CFO .

Radiant Logistics Qtrly loss per share $0.01

Tuesday, 13 Sep 2016 04:01pm EDT

Radiant Logistics Inc : Radiant Logistics announces results for the fourth fiscal quarter and year ended June 30, 2016 . Qtrly revenue $183.6 million versus $196.2 million .Qtrly adjusted net income attributable to common stockholders of $2.8 million.

Fedex Freight invests in CNG fueling at Oklahoma city service center

Tuesday, 13 Sep 2016 12:00pm EDT

Fedex Freight : Fedex freight invests in cng fueling at oklahoma city service center .Purchased more than 100 compressed natural gas tractors, has installed cng fueling station to serve new cng fleet at oklahoma city service center.

Italy does not need further post office stake sale- undersec

Tuesday, 13 Sep 2016 05:16am EDT

Poste Italiane: Italy undersecretary of Development Ministry Antonello Giacomelli says the government does not need to sell a further stake in the group . Italy's treasury said earlier this year it would sell a 30 percent stake in Poste Italiane this autumn Further company coverage: [PST.MI] (Reporting by Milan newsroom).

Guangdong Yueyun Transportation says Yueyun Jiafu and Weisheng Logistics entered into agreement<3399.HK>

Tuesday, 13 Sep 2016 04:37am EDT

Guangdong Yueyun Transportation Co Ltd <3399.HK>: Asphalt transportation services agreement . Yueyun Jiafu and Weisheng Logistics entered into the Asphalt Transportation Services agreement .Guangdong yueyun transportation co-says yueyun jiafu entrusts weisheng logistics to conduct transportation management services for asphalt products.

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