All FedEx Articles – Page 7
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NewsFirst ATR 72-600 freighter delivered to FedEx
The first turboprop ATR72-600 production freighter has been delivered to express carrier FedEx as part of its fleet renewable programme.The feeder aircraft, based on the passenger model, took three years to develop and launch and offers around nine tonnes of capacity or 75 cu metres of space. It is ATR's ...
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NewsUS cargo carriers fly US Covid-19 vaccine shipments following FDA approval
FedEx, United, American and UPS are among the airlines flying the first wave of US Pfizer-BioNTech Covid-19 vaccine doses following approval by the US Food and Drug Administration.After months of preparation and close planning with Pfizer, other healthcare companies, and federal and state officials, the first Covid-19 vaccines are now ...
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NewsFedEx Express ups capacity across its Asia Pacific network
In order to cope with unprecedented airfreight demand due to e-commerce growth this peak season, FedEx Express has added cargo capacity on its routes in the Asia-Pacific region.The company has increased its flight frequency for Asia-to-Europe flights, as well as flights between Australia and destinations in Asia.The move follows FedEx ...
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FedEx: Seeking potential beyond Covid-19
For many people, the pandemic may not have been an ideal time to start a new job, but Kawal Preet — who took up her role as president, of Asia Pacific, Middle East and Africa (AMEA) in March — has risen to the challenge.Since starting, she has kept an eye ...
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E-commerce demand fuels FedEx revenues as it prepares for Covid vaccine
FedEx saw its revenues and profits improve in its fiscal first quarter as a surge in e-commerce demand propelled performance.The express giant saw revenues for the three months ended August 31 increase by 13.5% year on year to $19.3bn, while net income was up 67.8% to $1.2bn and operating income ...
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NewsFedEx prepares for vaccine distribution with launch of precise tracking sensor
FedEx has launched a lightweight, sensor-based logistics device called SenseAware ID that enables the highly precise tracking of shipments.FedEx said that the launch of SenseAware ID is "well-timed", as it continues to move pharma and medical supplies around the US. In addition, it expects SenseAware ID to be used in ...
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FedEx upgrades China cross-border e-commerce export service
FedEx Express has upgraded its cross-border e-commerce export service in southern China as part of a pilot scheme run by China customs.FedEx customers at its Guangzhou and Xiamen gateways can register and system-dock at their local customs offices and will be able to benefit from a simplified declaration process, priority ...
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NewsCargolux and FedEx operate aid flights to Beirut
Cargolux and FedEx have conducted aid flights carrying supplies for Beirut as the city continues to recover from the deadly blast that happened earlier this month.FedEx picked up $11m worth of medicines, medical supplies and personal protective equipment from the headquarters of charity Direct Relief in Santa Barbara, which was ...
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NewsTop 25 cargo airlines 2019: FedEx retains the top spot as Qatar climbs
FedEx was last year the world's busiest cargo airline despite volumes remaining flat on a year earlier, while Qatar moved into second place and UPS was up to third, according to IATA's World Air Transport Statistics (WATS) report. (See end of report for full chart).Last year was a tough 12 ...
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FedEx pilots call for Hong Kong flights to be suspended
FedEx pilots have called on the express company to suspend services to Hong Kong as a result of "unacceptable risks" related to the Covid-19 outbreak.The Air Line Pilots Association, Int’l (ALPA) has passed a resolution calling on their company to suspend operations in Hong Kong after pilots were forced into ...
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NewsReddington heads to Europe for FedEx Express
Karen ReddingtonFedEx Express has appointed Karen Reddington as regional president, FedEx Express Europe and chief executive of TNT.The appointment of Reddington, a 23-year veteran of FedEx Express who most recently served as regional president of its Asia Pacific region, is effective as of June 1.Reddington succeeds Bert Nappier, who served ...
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NewsLIVE UPDATES: Air cargo continues fight against Covid-19
A live roundup of air cargo companies' efforts to meet the challenges presented to supply chains by the Covid-19 outbreak.————— May 18, 16:11pm BST —————————————–Düsseldorf Airport has been handling medical equipment and other traffic-related to the coronavirus outbreak.Gerton Hulsman, managing director of cargo operations, said: “We have had a variety ...
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NewsFedEx Express names new president of AMEA
FedEx Express' Kawal PreetFedEx Express has appointed Kawal Preet as president, of Asia Pacific, Middle East and Africa (AMEA), effective from June 1.Preet succeeds Karen Reddington, who served as president of FedEx Asia Pacific from January 2015 to now.Preet joined FedEx Express in 1997 as an associate engineer in Singapore ...
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FedEx Express relies on huge freighter fleet to quickly transport PPE
Over the last few weeks, FedEx Express has continued to support the global fight against Covid-19 by transporting numerous medical cargo shipments of personal from Asia to France.In particular, FedEx Express is processing thousands of medical shipments each day at its European hub at Paris-Charles de Gaulle Airport.Medical cargo being ...
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Air cargo continues to ramp up emergency response operations
Airlines and freight forwarders have been continuing to ramp up their cargo operations in response to urgent demand for critical medical equipment.IAG Cargo said it has been leading efforts across the group's airlines, which include Aer Lingus, British Airways and Iberia, to transport critical goods like personal protective equipment (PPE), ...
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FedEx borrows $1.5bn to offset coronavirus impact
Fedex has strengthened its cash reserves with a $1.5bn credit line loan while executives have agreed to pay reductions.In a stock exchange announcement, the US express company said that the move would allow it to gain financial flexibility to combat the negative effects of the coronavirus outbreak.FedEx said high-margin business-to-business ...
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Special FedEx mission transports COVID-19 test specimens for the US government
A special operation by FedEx Express helped the US government transport COVID-19 test specimens from more than 50 remote drive-thru testing centres at major retailers across 12 states.FedEx Express dedicated 28 freighter flight legs, as well as specialised pick-up and delivery operations over the weekend.FedEx used its patented SenseAware technology ...
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FedEx cancels outlook, prepares for capacity crunch
FedEx has cancelled its outlook for 2020 and has warned that airfreight capacity on the transatlantic will come under pressure.When announcing its third-quarter results, the express giant said that the unpredictable nature of the market — as a result of the coronavirus outbreak — meant it would not provide an ...
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NewsFedEx donates delivery of medical supplies to China
FedEx Express has donated the use of its global transportation network and logistics resources to deliver urgently needed medical supplies to China.Up to February 20, FedEx has delivered eight shipments consisting of 197 pallets of humanitarian aid to China on behalf of Direct Relief.These shipments include 557,560 N95 masks, 232,450 ...
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US agriculture exporters hit by coronavirus related air cargo shortage
US agriculture exporters are being affected by a lack of airfreight capacity due to the coronavirus outbreak.The US Department of Agriculture said that the industry is suffering from systematic delays to shipping and air cargo as airlines cut capacity and shipping line services are disrupted by quarantine measures in certain ...