FedEx quarterly profits up with high airfreight rates expected for at least next year
FedEx reported net income of $892 million for its Fiscal Year 2021 third quarter ended Feb. 28, nearly triple its...
Express
Consultant Insight: USPS struggles with capacity despite an impressive supplier lineup
FedEx continues to beat all competition on the list of the top 150 U.S. Postal Service Suppliers compiled annually by...
Vaccine airfreight requirements overblown, but planning doesn’t go to waste
The airfreight industry spent months scrambling to prepare for the global deployment of COVID-19 vaccines, and shipments have steadily ramped...
Memphis Airport surpasses Hong Kong in 2020 cargo throughput
FedEx’s Memphis International Airport (MEM) hub has dethroned Hong Kong International (HKG), the longtime largest cargo airport, in terms of...
DHL inaugurates Milan hub
DHL Express on March 5 formally inaugurated its new hub at Milan’s Malpensa Airport (MXP) — the express integrator’s fourth...
2020 express volumes up amid lower yields
Driven by a surge in business to consumer e-commerce growth, both international and domestic air express posted record growth in...
FedEx European hub changes to have major impact on airports and airlines
FedEx’s Jan. 19 announcement of plans to reduce its European workforce by between 5,500 and 6,300 by May 2023 has...
Amerijet’s Strauss on ACMI future
Miami-based Amerijet International commenced operating a fourth 767-200BDSF (23140) on a CMI basis for DHL Express — the fourth and final aircraft...
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