FedEx takeover of TNT enters Phase II
The European Commission has begun its Phase II review of FedEx's offer to acquire TNT Express. As both companies have...
Express
UPS 2Q: Revenue down, profit way up
UPS reported second-quarter net income up over 170% y-o-y to $1.23 billion, as total revenue declined 1.2% to $14.09 billion....
TNT breaks even, increases CapEx in Q2
TNT Express reported second-quarter net income of €0, down slightly from the €1 million reported in the second quarter of...
Done deal: FedEx orders 50 767 freighters
FedEx yesterday confirmed it had placed a firm order with Boeing for fifty 767-300Fs, plus an option for fifty more....
Alibaba creates a Russian subsidiary
According to a report in the Russian financial newspaper Kommersant, Chinese e-commerce giant Alibaba has set up and registered a...
FedEx to place massive freighter order?
The aviation news services are on fire with the story that FedEx is on the verge of placing a huge order with...
Shakeup down under
Changing business relationships in Australia and New Zealand are having a big impact on the air freight scene. The 737-300Fs...
FedEx accelerates aircraft retirements
FedEx permanently retired 15 freighters , including seven MD-11Fs, immediately before the end of its 2015 fiscal year. At the...
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