FedEx stock falls 15% after disappointing earnings
FedEx reported $21.6 billion in revenue for its first quarter, which ended Aug. 31, down 0.5% from the corresponding period...
Yael Katzwer is a deputy editor with Cargo Facts. Before joining Cargo Facts, she spent a year and a half reporting for its sister publication Air Cargo Next. Before that, she ran the editorial department at a print newspaper company in northern New Jersey that covered local news. She can be reached at ykatzwer@royalmedia.com.
FedEx reported $21.6 billion in revenue for its first quarter, which ended Aug. 31, down 0.5% from the corresponding period...
Drone manufacturer Phenix Solutions completed testing this week of its Ultra 2XL, which can carry a payload of more than...
Some drone manufacturers and operators have added a layer of operational protection with real-time kinematic technology, which ascertains a drone’s...
The Baltic Air Freight Index rose again week over week, showing modest improvement in global airfreight rates. The index rose...
Denmark-based freight forwarder Scan Global Logistics has expanded its presence in Latin America with the acquisition of freight forwarder Blu...
Allivate, a joint venture between German software provider Dakosy and airport operator Fraport, launched a cargo dashboard that displays incoming...
Digital booking company Freightos acquired Shipsta, a freight-tender procurement platform, in August. This transaction expands Freightos’ spot pricing, quoting and...
Joost Meijs has been appointed chief executive of Maastricht Aachen Airport, effective Oct. 1. Joost Meijs Meijs will succeed Jonas...
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