All FedEx Express Articles – Page 3
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NewsFedEx teams up with Elroy Air on US drone network
Source: FedExFedEx Express has partnered with drone firm Elroy Air to develop the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system.The tie up will see FedEx Express test Elroy Air’s Chaparral autonomous air cargo system within the company’s middle-mile logistics operations in the US, moving shipments between ...
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NewsNew chief executive for FedEx as founder Smith takes new role
FedEx Corp will gain a new chief executive in June when Raj Subramaniam steps up to take over from company founder Fred Smith.Effective June 1, current chairman and chief executive Fred Smith will become executive chairman. Meanwhile, current president and chief operating officer Raj Subramaniam will be promoted to president ...
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NewsLeadership change at FedEx Express
Richard Smith. Photo: FedExRichard Smith, regional president of the Americas and executive vice president of global support at FedEx Express will succeed Donald Colleran as president and chief executive officer.Colleran will retire effective December 31. Smith will become president and chief executive officer-elect of FedEx Express on April 1, and ...
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NewsSurcharges increased as Ukraine conflict rages on
Photo: FedExSurcharge are being increased as supply chain disruption due to the Ukraine invasion continues.From March 7, FedEx Express is introducing increasing its peak surcharges on FedEx Express parcel and freight shipments and TNT shipments for some shipments moving between Asia Pacific (APAC) and countries in APAC, Europe, Latin America ...
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NewsTextron Aviation’s Cessna SkyCourier gets flight ready
Cessna SkyCourier. Photo: Textron AviationThe first production unit of the twin-engine, large-utility turboprop, the Cessna SkyCourier has been rolled out by Textron Aviation ahead of its use by launch customer FedEx Express.Designed by Textron Aviation, the aircraft is powered by two wing-mounted Pratt & Whitney PT6A-65SC turboprop engines and features ...
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FedEx suspends US economy service due to "explosive" Omicron surge
FedEx has temporarily suspended its Economy Domestic FedEx Freight service due to what it describes as an "explosive surge of the Covid-19 Omicron variant.The express giant said the surge in Omicron cases had caused a temporary shortage of available crew members and operational staff in the FedEx Express air network.Therefore ...
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NewsAirlines cancel US flights despite 5G delay
Credit: ShutterstockAirlines have been cancelling US services over concerns about the roll out of 5G networks despite mobile firms delaying their plans around airports for two weeks.Yesterday, US telecommunications firms AT&T and Verizon said they would delay the implementation of their c-band 5G networks for two weeks around certain US ...
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NewsCargo airlines urge US to swerve 5G "economic calamity”
Photo: PixabayCargo airlines are amongst the signatories of a letter urging immediate action on 5G plans in the US to “avoid significant operational disruption” in the supply chain.The letter, sent by trade association Airlines for America to stakeholders in government bodies, is signed by 11 companies including Atlas Air Worldwide, ...
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FedEx predicts ongoing cargo capacity constraints in 2022
FedEx is predicting that next year air cargo capacity will once again be hard to secure with space remaining scarce and supply chain issues supporting strong demand.Speaking to Air Cargo News, Karen Reddington, president of FedEx Express Europe, explained that passenger networks - and therefore bellyhold services - were taking ...
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NewsFedEx Express flies high
FedEx Express is benefiting from e-commerce growth and air cargo capacity constraint. Source: FedExFedEx Express' second quarter operating income surged 9% year on year to $1.6bn, driven by higher yields and FedEx International Priority volume growth, which offset the negatives of continued staffing challenges and COVID-19-related air network inefficiencies.The US ...
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NewsFedEx expands at US airport
FedEx Express' air cargo hub at Miami International Airport. Photo: FedExFedEx Express recently completed a major expansion of its air cargo hub located at Miami International Airport.The US$72.2m expansion will increase capacity and capabilities at the company’s Americas gateway, which connects the US and Canada to Latin America and the ...
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FedEx expands Paris CDG intra-European capacity
FedEx Express has expanded its intra-European air network and will also introduce extra transatlantic capacity for the peak season.The express firm introduced its additional European flights in a phased approach starting September.The flights will increase connectivity at the firm's Paris CDG hub.The additional flights include Paris CDG-Kiev, adding 68,000 kg ...
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NewsFedEx Express to invest more than $400m in Saudi Arabia over ten years
FedEx Express will transition to a direct-serve presence in Saudi Arabia to meet the Middle East country’s growing international shipping demands.The US express giant will invest more than SAR 1.5bn (approx $400m) into the Saudi economy over the next 10 years through talent management and local operations and infrastructure.FedEx Express ...
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NewsTop 25 cargo airlines: Freighter operators to the fore
FedEx, UPS and Qatar were last year the largest air cargo carriers once again, but there were major winners and losers in the overall top 25 airlines as the Covid pandemic took its toll on the market (see full at end of article).According to IATA’s latest World Air Transport Statistics ...
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NewsFedEx Express expands intercontinental network with APAC services
Image source: FedExFedEx Express has launched four new intercontinental Boeing 777 freighter flights, originating from its Asia Pacific (APAC) hubs, to destinations on the trans-Pacific, intra-Asia, and Europe lanes.The flights will provide weekly capacity of around 1,390 tonnes and will serve growing e-commerce demand.Two of the new services will depart ...
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FedEx reduces Liege hub job cuts
Fewer FedEx employees will be made redundant at its Liege hub as a result of demand increases and discussions with unions.The express giant had announced a series of job cuts in January as a result of the integration of the air network of TNT Express, which it purchased for €4.4bn ...
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FedEx to add freighters and boost spending to meet demand
FedEx will boost spending over the coming year and add more freighter orders to meet growing e-commerce demand.Announcing its results full-year results for fiscal year ended May 31, the express giant said it expected to spend around $7.2bn in FY 2022 compared with around $5.9bn last year.Meanwhile, FedEx will exercise ...
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NewsAir cargo carries out life-saving medical equipment flights to India
United Cargo helped facilitate a shipment of ventilators to DelhiThe air cargo industry has been transporting life saving supplies and medical equipment to India over the last few days as the country is ravaged by a second wave of Covid.Lufthansa Cargo said that on three flights this week, a total ...
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FedEx and DoT hit out at Hong Kong quarantine rules
The US Department of Transport (DoT) may limit flights by the Cathay Pacific Group airlines in response to the latest Hong Kong's quarantine rules, saying they disproportionately affect US carriers.The new quarantine rules require that all Hong Kong-based crews quarantine for two or three weeks when returning from an international ...
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Hope Consortium adds more forwarders to Covid-19 vaccine distribution efforts
More freight forwarders have joined the Hope Consortium, a UAE-based public-private partnership, to support the distribution of Covid-19 vaccines across the globe.The latest partners are Bolloré Logistics, CEVA Logistics, DB Schenker, DHL, FedEx Express, MICCO Logistics, RSA Global and UPS.The collaboration of leading freight forwarders continues to "cement the credibility ...
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