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 ...
Tag: FedEx
US orders filing requirements for Hong Kong carriers over quarantine dispute
The U.S. Department of Transportation (DOT) this week issued an order to Cathay Pacific Airways, Hong Kong Airlines and Hong ...
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 ...
ACI: Memphis Airport surpasses Hong Kong in 2020 cargo throughput
This story has been updated to reflect that ACI has not yet released its official airport ranking and that all ...
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 ...
UPS expects 40% jump in vaccine doses next week, peak in May
United Parcel Service Inc. and FedEx Corp. are ramping up vaccine distribution, with plans for additional gains if Johnson & ...
With volumes up and yields down the 2020 air express business was a lot like 2019
This article originally appeared in CFC Insights. Driven by a surge in business to consumer e-commerce growth, both international and ...
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