Express companies attempt to shift from serving as mere e-commerce delivery subcontractors

In mid-September, Cargo Facts Consulting will publish a new report, the Global E-Commerce Logistics Outlook, to help companies craft their strategies towards a segment that has become increasingly important in logistics. This is the third of a series of articles leading up to the publication of the report that provides a window into our research.  […]

FedEx adds 75th 767-300F

Yesterday, FedEx Express took delivery of its 75th 767-300F (64057) from Boeing during a ceremony held at the manufacturer’s Paine Field (PAE) Delivery Center [FAT 005114]. Following the delivery, at least 50 more of the aircraft are on firm order with Boeing. In celebration of the milestone, Cargo Facts decided to dig into the archives […]

767 transactions dominate July Freighter Aircraft Transactions

Of the 51 freighter aircraft transactions (FATs) recorded in July 2019, 35% involved 767s, the workhorse for domestic express and e-commerce in the United States, and increasingly, globally. Both production freighters and conversions saw an uptick in activity for the month with deliveries of two new-build 767Fs, one each to US-based integrators FedEx and UPS. […]

FedEx takes delivery of 767-300F, retires MD-10-10F

In a one-two punch, FedEx swiftly took delivery of a 767-300F (63109) from Boeing, and subsequently retired an MD-10-10F (48263) [FATs 005089, 5091]. Although FedEx has long labeled 767-300Fs a replacement for its ageing MD-10F fleet, in the six years since FedEx took delivery of its first 767-300F in September 2013 (42706), the carrier has […]

Freighter aircraft transactions through June

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is […]

E-commerce and freighters part I: In balance or imbalance?

In part I of our feature on e-commerce and freighters, we explore the rise of the own-operated network for e-commerce fulfillment in the United States. Check back later this week for part II, where we consider how e-tailers in the Asia-Pacific region are utilizing partner capacity to fulfill growing e-commerce demand in the region. If […]

FedEx reports substantial 4Q loss from economic weakness, trade issues

This week, Memphis-based FedEx reported a 3.0% year-over-year increase in revenue for its 4QFY19, ended 31 May, to US$17.80 billion. Operating income during the quarter was mostly flat at 0.9% to $1.31 billion, and the company reported a net loss of $1.96 billion, down from $1.13 billion income for 4QFY18.  The Express segment saw weak performance for […]

FedEx Trims Amazon Ties as Retailer Flexes Delivery Muscles

FedEx Corp. said it wouldn’t renew its U.S. air-delivery contract with Amazon.com Inc., paring a key customer relationship as the largest online retailer deepens its foray into freight transportation. The new focus will be on “serving the broader e-commerce market,” with U.S. package volume from online shopping expected to double by 2026, FedEx said in […]
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