Associate Editor, STAT Media Group. He has worked with IndiaSpend, Bloomberg TV, Business Standard and Indian Express Group. Jyothi can be reached at jyothi@statmediagroup.com
FedEx has 37 jets parked, aircraft capex to be reduced
FedEx currently has 37 jet aircraft parked, which is up from 20 last quarter, and is planning to retire nine more MD-11s...
FedEx names Sriram Krishnasamy as Chief Digital & Information Officer
Sriram Krishnasamy, currently EVP and Chief Transformation Officer, FedEx and the President & CEO, FedEx Dataworks,...
Focus on DRIVE, revenue quality improves FedEx operating income
FedEx reported a 19 percent increase in operating income at $1.24 billion for the third quarter ended February 29...
SAF - Answer for air cargo's net zero target by 2050
The aviation industry’s net-zero carbon emissions target is focused on delivering maximum reduction in emissions at...
UPS to reduce 12,000 jobs, explore options for trucking biz Coyote
UPS is planning to reduce 12,000 jobs, and save around $1 billion through 2024 with “new ways of working and calling...
Air cargo digitalisation buzz is getting louder and engaging
The air cargo industry is buzzing with the transformative power of automation. From streamlining paperwork to handling...
DP World moves to air cargo, bets big on Dominican Republic
DP World, like other integrated logistics players, has started thinking big on air cargo, and has started operations at...
FedEx launches Tricolor campaign to drive Express recast
With the rapid growth of e-commerce and as volume mix continues to shift to deferred, FedEx has identified the need to...
Humanitarian aid continues with new solutions
Humanitarian aid by Dubai-based International Humanitarian City (IHC) in 2023 (till November) was nearly $115 million...
Perishables shipments by air is growing amidst challenges
With demand increasing for perishables across the world, shipping them by air not only saves precious time for cargo...
Freightos Q3 transactions up 40%
Nasdaq-listed Freightos reported 269,000 transactions in the third quarter of 2023, up 40 percent from Q32022 and 12...
P2F demand steady now but outlook uncertain
With the air freight market slowly picking up and rates/tonnages inching into the positive zone after a long lull, the...
