All FedEx Express Articles
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NewsFedEx hopeful of mitigating impact of MD-11F grounding
FedEx executives believe the company can limit disruption from MD-11F groundings through commercial partnerships and maintenance adjustments
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NewsFedEx launches new Ireland-US flights to cut delivery times
FedEx has launched a new four-times-weekly Dublin-Indianapolis route using Boeing 767 freighters, designed to reduce delivery times by one day
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NewsFedEx reduces transpacific capacity as tariffs hit demand
Express giant reduces own-controlled transpacific capacity by 25% year-on-year as US tariffs on Chinese e-commerce shipments dampen demand
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NewsFedEx opens new Manchester air facility
FedEx has opened a new logistics facility close to Manchester Airport as part of its efforts to upgrade its capabilities in the northwest of the UK
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NewsFedEx retires aircraft as it faces volatile demand environment
FedEx retired 12 aircraft in its fiscal fourth quarter as the company sought to align network capacity with anticipated demand
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NewsFedEx celebrates 40 years of scheduled transatlantic services
FedEx Express, a subsidiary of FedEx Corp, is celebrating the 40th anniversary of its inaugural scheduled transatlantic service
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NewsFedEx reinforces on the transatlantic with Liege service expansion
FedEx is reinforcing its presence on the transatlantic with the launch of new freighter frequencies between Liège in Belgium and Memphis in the US
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NewsFedEx orders more freighters as revenues improve in Q3
Express giant FedEx has announced the order of eight Boeing 777 freighters and 10 ATR 72-600 turboprops as third-quarter profits and revenues both improved
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NewsFedEx lowers outlook as profits slide
FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, customers opted for less expensive delivery services and operating costs were on the rise. The express giant saw revenues for the quarter ended August 31 decrease 0.5% year on year to $21.6bn, ...
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NewsFedEx axes 22 757 freighters as express profits remain under pressure
FedEx revealed in its fiscal fourth-quarter results that it has retired 22 of its Boeing 757 freighters as it looks to better match capacity to market demand. The move sees the express giant reduce its 757F fleet to 92 aircraft as of May 31, compared with 115 at the same ...
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FedEx plans to cut up to 2,000 jobs in Europe
FedEx is planning to cut thousands of jobs in Europe as it continues to struggle with sluggish market conditions.The express giant said that it would let go between 1,700 and 2,000 members of its back-office team on the continent - around 3-4% of its 52,000 European employees.It hopes the move ...
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NewsFedEx expands Shenzhen airport facility
Photo: FedExFedEx Express has upgraded its Shenzhen Baoan International Airport gateway facility in Shenzhen, China by renovating and expanding the import warehouse to improve import operations and provide customs clearance efficiency for customers in the Southern China region.The import warehouse at the Shenzhen facility is now equipped with an advanced ...
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Liege Airport cargo volumes bounce back after tough 2023
Liege Airport has seen its cargo volumes bounce back in the first two months of the year following a double-digit percentage decline in 2023.The Belgian freighter hub registered a 13% year-on-year increase in cargo volumes over the first two months to 175,593 tonnes while the number of flights improved by ...
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NewsFedEx Express opens regional headquarters
L to R: Png Cheong Boon, chairman, Economic Development Board (EDB), Richard Smith, president and chief executive, Airline and International, FedEx, Vivian Balakrishnan, Singapore’s Minister for Foreign Affairs, Raj Subramaniam, president and chief executive, FedEx, Jonathan Kaplan, U.S. Ambassador to Singapore, Kawal Preet, president, Asia Pacific, Middle East, and ...
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FedEx pilots hit out at insulting job offer and disappointing management comments
FedEx Pilot representatives have expressed their disappointment at the latest round of talks over a new contract while labelling an offer to move to a regional airline as insulting.The Air Line Pilots Association, Int’l (ALPA) said it was disappointed to read "management’s comments made to a small group of pilots ...
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FedEx reorganises air network
FedEx will reorganise its air network to better suit the demands of various shipment types as part of efforts to cut costs.The company this week revealed that it would divide its air network into three sections; purple orange and white.The purple network will deliver high-priority, high-margin volumes through FedEx-owned aircraft ...
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NewsFedEx pack an economic punch
Image Source: FedExFedEx Corporation has released its annual Economic Impact Report, a study that assesses the company’s worldwide network and its role in driving innovation over the course of the 2023 fiscal year (defined by FedEx as running from June 1 2022 to May 31 2023).The report is used to ...
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NewsFedEx adds extra capacity between Vietnam and Europe
Source: FedExFedEx is expanding its presence between Vietnam and Europe with the addition of four weekly flights.The new Boeing 767 freighter flights will operate out of Ho Chi Minh City and connect with Europe in Paris CDG, Liege and Cologne through the express firm's Asia Pacific hub in Guangzhou.The flights ...
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Blow to FedEx as pilots vote down latest pay offer
FedEx pilots have voted against the latest contract offer from bosses at the express giant.The pilots yesterday rejected a tentative agreement with the company by a vote of 57% to 43%.The agreement includes a 30% pay increase and a 30% increase to the pilots’ legacy pension.In June, the deal was ...
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FedEx to ground more planes as profits come under pressure
Express giant FedEx will ground more aircraft after both revenues and operating income declined during its fiscal fourth quarter of the year due to "demand weakness and cost inflation".In a results call, FedEx Corporation president and chief executive Raj Subramaniam said that the company had retired 18 aircraft, including 12 ...