FedEx sells supply chain unit to CMA CGM Group for $1.4 billion
FedEx Corp. said it agreed to sell a supply chain subsidiary to French container shipping company CMA CGM Group in ...
Tag: Bloomberg
Lufthansa Cargo sees Gulf rivals return just as EU fee begins
Deutsche Lufthansa AG’s cargo unit sees its Gulf rivals returning for a challenge just as new European Union parcel rules ...
Venezuela quake’s damage to airport risks return to isolation
Just as Venezuela was leaving behind years of international pariah status, catastrophic earthquakes have devastated its main international airport — ...
FAA proposes rule to streamline aircraft approvals, reduce costs
The US Federal Aviation Administration is proposing a rule that the agency said would reduce the costs and time it ...
FedEx tops estimates while warning of trade policy pressure
FedEx Corp. reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs that ...
Airplane engine makers called out for ‘gouging’ at Rio summit
Aircraft engine suppliers found themselves at the receiving end of some choice words from aviation executives at this year’s annual ...
Jet fuel’s war surge vindicates airlines that stuck with hedging
The surge in the cost of jet fuel since the start of the Iran war is highlighting the vast disparity ...
NTSB says UPS didn’t act after 2011 Boeing letter on defect
A U.S. safety investigator said United Parcel Service decided not to take action after 2008 and 2011 service letters from ...
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