Post Tagged with: "FedEx"

FedEx’s quarterly earnings take hit from cyberattack, hurricane

FedEx’s quarterly earnings take hit from cyberattack, hurricane

Earnings, Express, News September 20, 2017 at 10:59 am

After a record fourth quarter in its fiscal year 2017, FedEx’s 2018 fiscal year got off to a rougher start as TNT Express operations faced costly setbacks from a cyberattack, and as the company’s US operations felt the disruptive forces of Hurricane Harvey. Overall net income was down 17% year-over-year,Read More

FedEx EVP Raj Subramaniam joins Cargo Facts Symposium for fireside chat

FedEx EVP Raj Subramaniam joins Cargo Facts Symposium for fireside chat

Events, Express, Photos+Videos August 16, 2017 at 9:42 am

Cargo Facts is pleased to announce that the 23rd Annual Cargo Facts Symposium will feature an exclusive Fireside Chat with Rajesh (Raj) Subramaniam, executive vice president, chief marketing and communications officer, for FedEx Corp. Subramaniam has a rich history at FedEx. After joining the marketing team in Memphis in 1991,Read More

World’s top cargo carriers in action [VIDEO]

World’s top cargo carriers in action [VIDEO]

Aircraft, Carriers, News, Photos+Videos August 11, 2017 at 10:56 am

To finish off our multi-part analysis of the world’s top cargo carriers in 2016, and to give you some good weekend viewing, here is a series of videos of the carriers at the top of the list. If you wish to read the full analysis, Part I is here, PartRead More

The world’s top 50 cargo carriers

The world’s top 50 cargo carriers

Carriers, Express, News August 8, 2017 at 10:23 am

A year ago, when we looked at the top cargo carriers of 2015, we focused on Emirates’ rapid rise from nowhere to become a powerhouse that dominated the international air freight market. But Emirates does not carry domestic cargo, and FedEx, as it had done for many years, combined itsRead More

A record quarter for FedEx — plus mattresses and gym equipment, too!

A record quarter for FedEx — plus mattresses and gym equipment, too!

Aircraft, E-Commerce, Earnings, Express, News, Photos+Videos, Strategy June 23, 2017 at 10:50 am

FedEx reported revenue up 21.2% y-o-y in its fiscal fourth quarter (ended 31 May) to a record $15.73 billion. Net income for the quarter was $1.02 billion, up from a net loss of $68 million in 4QFY16, and operating income for the quarter was $1.58 billion (compared to a $70Read More

The technology of airfreight

The technology of airfreight

Aircraft June 16, 2017 at 10:57 am

Most of us have come across a colleague or friend bemoaning the air freight industry’s inability to “innovate” or “modernize”. If you have not, try bringing up electronic air waybill penetration during your next cocktail party – after more than a decade of pushing carriers to go paperless, adoption isRead More

E-commerce drives express fleet expansion — Part II

E-commerce drives express fleet expansion — Part II

Aircraft, Carriers, Conversions, E-Commerce, Express, News April 13, 2017 at 10:40 am

Today, in Part II of our annual analysis of the worldwide express fleet, we look at changes to the fleets of two of the three biggest players – FedEx and UPS. We start with TNT, which was acquired by FedEx last year. (You can read Part I here.) As part of FedEx’sRead More

E-commerce drives expansion of express fleets worldwide

E-commerce drives expansion of express fleets worldwide

Aircraft, Asia, E-Commerce, Express, News April 12, 2017 at 10:24 am

Today we begin a three-part analysis of the jet freighter fleets of express companies worldwide. We start with some background, and then a look some of the smaller (and perhaps more interesting) companies. Tomorrow and the day after, we’ll look at the big boys, and conclude with a look into theRead More