FedEx CFO Dietrich to step down after spinoff of Freight unit
FedEx Corp. Chief Financial Officer John Dietrich will step down after the courier completes a planned spinoff of its freight ...
Tag: express
Flight paths in flux: Freighters face tariffs, turbulence, and transition
Overview of Current Market Conditions April concluded with a mixed air cargo performance, as the Baltic Air Freight Index (BAI00) ...
Consultant’s Insight: FedEx, UPS expect muted holiday peak season
Retailers reported record sales as the holiday peak season officially kicked off during Thanksgiving weekend, according to data collection companies ...
Consultant’s Insight: Will express carriers benefit from shorter peak season?
Expectations of tight air cargo capacity during the fourth quarter have rates climbing. For express carriers such as FedEx and ...
Consultant’s Insight: Expanding express services in Canada
UPS last week announced it would expand its Saturday residential standard service delivery in major Canadian cities. The service is ...
USPS backlog jams Houston facilities
Since the mid-December peak season, more than 10,000 shipments have been delayed in United States Postal Service Texas sorting facilities, ...
UPS revenue falls 12.8% YoY in Q3
UPS today reported $21.1 billion in revenue for the third quarter of 2023, a decrease of 12.8% year over year. ...
FedEx to build air transit facility at Istanbul Airport
FedEx Express Europe, a subsidiary of FedEx, signed an agreement Monday to build a global air transit facility at iGA ...
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