FedEx to Cut Costs, Hike Rates in Battle Against Flagging Demand
FedEx Corp. is cutting flights, deferring projects and closing offices as it seeks as much as $2.7 billion in savings ...
Tag: FedEx
FedEx to cut costs, hike rates in battle against flagging demand
FedEx Corp. is cutting flights, deferring projects and closing offices as it seeks as much as $2.7 billion in savings ...
Consultant Insight: Reality hits FedEx as it announces disappointing Q1 results
In a surprise move, FedEx announced preliminary earnings a week ahead of their fiscal 2023 Q1 earnings. “Global volumes declined ...
Care packages for Ukraine
Airfreight stakeholders continue to provide relief to those affected by the war in Ukraine. SEKO Logistics has partnered with the ...
Listen: New production widebody additions amid fresh narrowbody conversions
In this week’s episode of Cargo Facts Connect, Cargo Facts Editor Jeff Lee and Associate Editors Andrew Crider and Robert ...
Top cargo carriers solidify foothold with freighter additions
The logistics industry’s dependence on freighter aircraft as a primary source of transport has driven fleet growth among many of ...
FedEx takes double delivery of widebodies
FedEx Express is continuing its aggressive approach to growing its fleet, taking delivery of a 777F and a 767-300F this ...
Need for speed: Asian express networks and the rise of e-commerce
Express airfreight volumes, strengthened by e-commerce shipments, are expected to outgrow general air cargo volumes by 2041. Pre-pandemic express volumes ...
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