FedEx’s quarterly earnings take hit from cyberattack, hurricane

After a record fourth quarter in its fiscal year 2017, FedEx’s 2018 fiscal year got off to a rougher start as TNT Express operations faced costly setbacks from a cyberattack, and as the company’s US operations felt the disruptive forces of Hurricane Harvey. Overall net income was down 17% year-over-year, to US$596 million on total […]
  • CarynLivingston
  • September 20, 2017

Donate to Airlink’s Harvey relief with Cargo Facts Symposium registration

Most of the airports have re-opened, and air freight has begun to move again in Houston, the 4th largest city in the United States. But for much of the region, devastated by Tropical Storm Harvey last week, the cleanup efforts are just beginning. As the massive infrastructure recovery continues along the US Gulf coast following […]
  • David Harris
  • September 4, 2017