All FedEx Express Articles – Page 2
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News
FedEx union leaders approve pilot deal
The FedEx Master Executive Council (MEC), the governing body of the FedEx unit of the Air Line Pilots Association, Int’l (ALPA), have approved a tentative pilot contract reached with the express airline last month.The tentative contract agreement, which was reached on May 30, will now go to a membership ratification ...
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FedEx says strike plans have "no impact" on business
FedEx has stressed recent strike discussions have had "no impact on our service".On May 17, FedEx Express pilots, represented by the Air Line Pilots Association, Int’l (ALPA), voted to authorise a strike.The FedEx Express Master Executive Council (MEC) of ALPA unanimously approved a resolution setting the stage for a strike ...
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FedEx pilot strike woes continue
FedEx could soon be under pressure to keep its freighters in the air with pilots considering strike action.FedEx Express pilots, represented by the Air Line Pilots Association, Int’l (ALPA), have announced that the voting window for a strike authorisation ballot will open on April 18."Mediated negotiations for a new employment ...
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FedEx to consolidate operating companies to cut costs
Express giant FedEx has unveiled plans to consolidate its various divisions as part of efforts to generate cost savings of $4bn.The company intends to bring FedEx Express, FedEx Ground, FedEx Services, and other FedEx operating companies into the Federal Express Corporation, becoming a single company operating a "unified, fully integrated ...
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NewsHong Kong International retains busiest cargo hub top spot
Hong Kong International Airport (HKIA) retained its position as the world's busiest cargo airport in 2022 despite the impact of Covid restrictions, according to statistics from Airports Council International.HKIA saw its cargo volumes fall by 16.4% year on year in 2022 to 4.2m tonnes as restrictions on crew hampered operations, ...
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NewsFedEx Express expands in Germany
Photo: FedExFedEx Express has expanded its Stuttgart Air Gateway air cargo facility and commissioned a new sorter at the site.The new setup improves handling speed and capacity, helping to meet export and import demand from customers in the region.In addition to more than tripling sorting capacity, the facility offers an ...
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FedEx Express is pain point for FedEx in second quarter
FedEx faced continued weak market demand for air cargo in the second quarter with FedEx Express a particular pain point.In the second quarter ended November 30, the transport company said previously implemented cost reduction measures helped soften the blow of reduced FedEx Express revenue.Second quarter fiscal 2023 revenue was $22.8bn ...
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NewsFedEx adds new sorting tech at Stansted
Source: FedEx ExpressFedEx Express Europe has implemented new package sorting technology at its Stansted Airport facility in the UK to help meet rising demand.FedEx said the new automated scanning and sorting technology "speeds up the flow of exports through the site’s operations".Around 80% of shipments bound for international markets are ...
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News
FedEx Express establishes direct commercial presence in Nigeria
FedEx Express has established a direct commercial presence in Nigeria in a bid to meet the country’s growing international shipping demands.The company said that with a direct presence in the country, businesses and customers in Nigeria now have greater access to a wider portfolio of FedEx Express shipping solutions.It added ...
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FedEx predicts soft peak season for e-commerce in Europe
Express giant FedEx is predicting a soft peak season for e-commerce volumes in Europe due to economic pressures.The company said that last year it shipped more than 11m e-commerce parcels across Europe, which was 15% up on an already strong 2021, but this year volumes are expected to drop.Karen Reddington, ...
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NewsFedEx research shows e-commerce set to grow for SMEs
Source: FedExThe e-commerce boom is set to continue for Small and Medium sized Enterprises (SMEs), according to the latest e-commerce trends research commissioned by FedEx Express.The What’s Next in E-Commerce survey polled SMEs and consumers in Asia Pacific, Middle East, and Africa region (AMEA) in July 2022 to explore the ...
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NewsTop 25 air cargo carriers for 2021 revealed
IATA World Air Transport Statistics (WATS) data for 2021 showed the top 25 cargo airlines last year had strong volume growth following a tough first pandemic year (full chart at end of article).Overall traffic in scheduled cargo tonne km (CTK) terms increased by 18.7% year on year in 2021, a ...
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News
FedEx to expand Asia Pacific hub to meet long-term growth
FedEx Express will build a new express centre at Guangzhou Baiyun International Airport as part of its long-term expansion plans.The company has signed an agreement with Guangdong Airport Authority Logistics Company to build a 41,000 sq m facility that will more than double the size of its current gateway at ...
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News
FedEx expands between Australia and New Zealand
FedEx Express has launched a new trans-Tasman service between Christchurch, Auckland and Melbourne to provide additional capacity and shorter transit times.The service will run five times a week from July 4 and will add to five existing Sydney to Auckland flights each week.FedEx said: "We are delighted to inform you ...
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NewsFedEx teams up with Direct Relief for Ukraine aid flight
Source: FedExFedEx and charity Direct Relief worked together to fly 52 tons of medical equipment to Poland to support refugees from the war in Ukraine.The aid was transported on a FedEx Express Boeing B777 freighter on June 26 and included emergency medicines and supplies, including health kits, trauma and wound ...
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News
FedEx expects slow recovery in bellyhold capacity and lower growth
FedEx yesterday reported its full financial year results and outlined expectations of ongoing supply chain disruption, a slow return of air bellyhold capacity and lower growth levels for the coming fiscal year.In the fiscal year ending May 31, the express giant saw revenues increase by 11.3% year on year to ...
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NewsFedEx Express funds Scottish Highlands rewilding project
Photo: FedExFedEx Express has announced a three-year grant to environmental non-profit, Rewilding Europe, in support of its ninth rewilding project in the Scottish Highlands.Launched by Rewilding Europe, together with Scottish non-profit Trees for Life and local stakeholders last September, the project in the Affric Highlands seeks to create a vast ...
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NewsFedEx Express expands Asia-Europe connections
Photo: FedExFedEx Express has launched a new route between Asia and Europe, connecting China’s capital Beijing to the FedEx Charles de Gaulle (CDG) Airport hub in Paris, France for the first time with ten connections per week via Osaka, Japan.This new route will benefit businesses as the cut-off time for ...
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NewsTextron Aviation starts Cessna SkyCourier deliveries to FedEx Express
Photo: Textron AviationTextron Aviation has delivered the first of 50 Cessna SkyCourier twin utility turboprop freighters to FedEx Express.FedEx Express is the Cessna SkyCourier’s launch customer after signing a deal in 2017. The company agreed to an initial fleet order of 50 cargo aircraft and options for 50 more.Kansas, US-based ...
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NewsFedEx expands at Newcastle International
Source: FedExFedEx Express has expanded its operations at Newcastle International Airport in the UK as it looks to meet growing export and import demands in the region.The express giant has moved into its own facility at the airport, which offers scanning technology to allow on-site sorting and package scanning.The move ...
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