All FedEx Articles – Page 5
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News
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 Express opens new Incheon gateway
Inage source: FedExFedEx Express is bolstering support for cross-border trade, e-commerce growth and pharma logistics in South Korea with the launch of its new gateway at Incheon International Airport.The FedEx Gateway spans 23,395 sq m, more than double the size of the previous facility, and is equipped with 78 conveyor ...
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News
FedEx plays its part to aid the global economy
A new report looking at FedEx’s impact on the global economy found the company has played an important role in helping businesses recover from the Covid pandemic while they work to overcome strained supply chains and the many economic challenges that they face.With FedEx having an average of 16m shipments ...
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News
FedEx establishes direct presence in Cambodia
FedEx Express is establishing a direct commercial presence in Cambodia, as the Southeast Asian country’s economic recovery gathers speed, with exports up 20% over last year to $27bn in the first half of 2022.Kawal Preet, president of the Asia Pacific, Middle East, and Africa, FedEx Express, said: “FedEx continues to ...
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News
FedEx pilot negotiations head to mediation as peak season approaches
FedEx Express pilots along with the firm's management have filed for federal mediation to resolve contract negotiations, with peak season just around the corner.Union Air Line Pilots Association (ALPA) said negotiations had been ongoing since May 2021 and last week 100 off-duty FedEx pilots held an informational picket at the ...
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InsightsTop 25 air cargo carriers rise to supply chain challenge
IATA World Air Transport Statistics (WATS) data shows the top 25 cargo airlines last year succeeded in delivering on an appetite for air cargo, despite limited capacity, staff shortages and pandemic-related congestion and constraints throughout the supply chain.Traffic in scheduled cargo tonne km (CTK) terms increased by 18.7% year on ...
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FedEx scales back operations following disappointing Q1 2022 results
A drop in volumes and economic volatility "adversely impacted" FedEx's results for the fiscal first quarter ended August 31, prompting the transport company to implement cost reduction initiatives.The company expects business conditions to weaken further in the second quarter.While revenue figures were up on last year, the company said they ...
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NewsMountain Air Cargo plans to add ATR-72-600F
Photo: ATR/ Lagenfeld Pierre-EtienneMountain Air Cargo has requested US Department of Transportation authorisation to operate large aircraft and plans to add a ATR-72-600F freighter to its fleet.The application document was published on Thursday August 11 and states operations by the US-based express cargo carrier are due to be carried out ...
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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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NewsFedEx appoints its first chief customer officer
Brie Carere. Photo: FexExFedEx has appointed its first chief customer officer.The company has promoted Brie Carere, chief marketing and communications Officer, to be the company’s first chief customer officer.She also was named co-president and co-chief executive of FedEx Services, a role she will share with Rob Carter, executive vice president ...
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NewsFedEx feeder airline launches air cargo operations in US
FedEx feeder airline AirDialog. Photo: AirDialogNew FedEx feeder airline AirDialog has started cargo flight operations in the southwest US and is the first new Part 135 air carrier to launch with FedEx in over 20 years.Based in Albuquerque, New Mexico, AirDialog said its inaugural cargo flight took place this week ...
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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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NewsMajor new logistics park to support Kansas City International Airport
Photo: Hunt MidwestPlans have been unveiled to build the largest logistics park in the State of Missouri to support the air cargo business at Kansas City International (KCI) Airport.Kansas City-based real estate development company Hunt Midwest recently closed on the acquisition of over 1,300 acres located adjacent to KCI.The property ...
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NewsAmazon Air rapidly expands in 2021
Amazon Air rapidly expanded its network and fleet last year, while UPS and FedEx operations remained comparatively static.New figures from data analytics firm Spire Aviation, which provides global flight tracking data utilising satellites, show that Amazon Air last year increased its number of destination airports by 21% as it continued ...
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News
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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NewsFedEx expands transatlantic cargo capacity
Picture: ShutterstockFedEx Express has launched a flight from the UK to the US to cater for growing e-commerce demand across the Atlantic.The B777 freighter flight operates four times per week departing from Charles-de-Gaulle (CDG) Airport in Paris, France, connecting to hubs at East Midlands Airport (EMA), UK, and Indianapolis (IND), ...
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NewsFedEx seeks approval for anti-missile freighter technology
FedEx B767F. Source: FedExThe US Federal Aviation Administration (FAA) is reviewing a proposal by FedEx to install an anti-missile technology on Airbus A321-200 aircraft for cargo flights.In October 2019, the transport and logistic company applied for a supplemental type certificate to install a laser-based missile-defence system, which directs infrared laser ...
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NewsFedEx feeder provider West Air sold
FedEx Feeder. Photo West AirEmpire Holdings, parent company of Empire Airlines, has purchased California-based FedEx Feeder airline West Air.West Air operates Cessna Caravan aircraft for FedEx, servicing parts of California, Nevada, and Utah. Founded in 1978, the company has served as a FedEx Feeder operator since 1987.The acquisition expands the ...
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NewsAir Cargo News' most read stories in 2021
Last year was another busy 12 months for the air cargo industry, with COVID-19 continuing to take its toll on supply chains.Some of the challenges facing the industry were modal shift, COVID shutdowns, rising demand and ongoing capacity shortages but once again air cargo came through, playing a key role ...
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News
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 ...