All FedEx Articles – Page 2
-
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
-
NewsFedEx founder Frederick Smith dies
Federal Express founder and air cargo industry innovator Frederick Wallace Smith has died at the age of 80
-
NewsRobot tech helps FedEx manage growing e-commerce volumes in Cologne
FedEx has introduced an AI-powered sorting robot at its air network location in Cologne to help manage parcels and growing numbers of e-commerce packages
-
NewsNeste to supply SAF to FedEx at Los Angeles Airport
Neste will supply 8,800 metric tons (more than 3m gallons) of sustainable aviation fuel (SAF) to FedEx at Los Angeles International Airport (LAX)
-
NewsFedEx obtains CEIV Pharma certification
FedEx Global Healthcare has obtained IATA's Center of Excellence for Independent Validators (CEIV) Pharma certification for its pharmaceutical logistics operations
-
NewsFedEx adds Singapore–US freighter flights
Express transport provider FedEx has launched direct six-times-weekly Boeing 777 Freighter flights from Changi Airport to Anchorage – the only direct, non-stop connection between Singapore and the continental US
-
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
-
InsightsE-commerce supply chains set for change with future de minimis cancellation
The planned future cancellation of the de minimis exemption in the US is set to shake up shake-up of e-commerce supply chains
-
InsightsHow robust airfreight services can help drive business growth
Efficient and flexible logistics solutions are key to growth as air cargo business in Asia Pacific continues to grow ahead of other regions worldwide
-
NewsAir Cargo News’ most read stories in 2024
2024 was a better than expected year for air cargo, according to many stakeholders in the industry. E-commerce and Red Sea-related sea to air demand helped push up volumes, although there were also plenty of challenges throughout the year. Not unexpectedly, the sale of DB Schenker, a milestone e-commerce flight ...
-
NewsFedEx Freight to be split from FedEx and Q2 Express revenue flat
The board of FedEx has agreed to separate FedEx and FedEx Freight
-
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, ...
-
InsightsTop 25 cargo carriers: Cargo goes slow on growth in 2023
Air cargo demand in 2023 was slow to recover from the previous year’s market slump and the top 25 cargo airlines felt the strain. 2023 was undoubtedly a tough year for air cargo with global full-year demand, measured in cargo tonne-kilometers (CTKs), for the top 25 airlines down 1.7% compared ...
-
NewsFedEx offers smarter solutions for sensitive shipments
Photo: FedExFederal Express has launched an “intelligent solution for monitoring and intervention” that offers customers enhanced control and visibility.FedEx Surround uses advanced sensor technology including SenseAware ID with near real-time data analytics to provide continuous monitoring and proactive interventions.The system is based on a lightweight, compact sensor that transmits the ...
-
Insights
Putzger Perspective: Smaller freighters have fallen out of fashion
Smaller freighters are dropping out of the skies. FedEx is retiring about one fifth of its 757 freighter fleet. Next year Atlas Air will end flying eight 737 cargo planes for Amazon – one year ahead of their contract expiry. The same goes for 17 B767Fs that Atlas is currently ...
-
NewsFedEx to grow cargo facility at Clark Airport in the Philippines
From left: Lourdes Josephine Gotianun-Yap Chairman, LIPAD, Noel F. Manankil, President and CEO, LIPAD, Maribeth Espinosa, Managing Director, FedEx Philippines, Jenieryll Jomarie Mangalindan, Senior Manager for Operations, FedEx Philippines. Photo: FedExFedEx will expand its gateway facility at Clark International Airport (CRK) in the Philippines following the signing of an ...
-
News
Freighter emissions up 25% since 2019
Greenhouse gas (GHG) emissions generated by freighter aircraft have grown by 25% since 2019, according to environmental campaign group Stand.earth.The report called for greater emissions transparency from carriers and said one of the major causes of the problem is the demand for faster delivery services for e-commerce shipments.The report shows ...
-
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 ...
-
News
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 ...
-
NewsFedEx completes first flight to UK's Teesside International
Source: Teesside InternationalTeesside International Airport in the UK northeast has welcomed its first FedEx flight after signing a five-year deal for an airfreight handling facility at the airport.The first flight of the new partnership was carried out by a Boeing 737-400 (OE-IAE) and arrived at Teesside from Edinburgh Airport on ...