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FedEx Q3 revenue down 6%, operating income drops 20%
FedEx reported a six percent decline in revenue at $22.2 billion for the third quarter ended February 28, 2023 on...

Cargo Shots by The STAT Trade Times - 13 January 2023
Cargo Shots by The STAT Trade Times powered by Group Concorde - 06 January 2023 Our pick of the best news that made...

Cargo Shots by The STAT Trade Times - 23 December 2022
Cargo Shots by The STAT Trade Times powered by Group Concorde - 23 December 2022Our pick of the best news that made...

FedEx DRIVE to save $4bn by FY25
FedEx is banking on its DRIVE programme to reduce more than $4 billion in structural costs by FY25.Managed by Sriram...

FedEx Q2 net income drops 24% to $788mn
FedEx reported a 24 percent decline in net income to $788 million for the second quarter ended November 30, 2022...

Sustainability is important in eCommerce: FedEx research
New research commissioned by FedEx Express shows that small- and medium-enterprises (SMEs) that embraced eCommerce...

Cargo First strengthens 'One Team' operation at Bournemouth Airport as e-commerce demand grows
Cargo First, Bournemouth Airport's dedicated cargo handling service, has strengthened its fast-track 'One Team'...

Shocker: FedEx withdraws 2023 earnings forecast
In an unexpected development after poor Q1 performance, NYSE-listed FedEx withdrew its fiscal year 2023 earnings...

FedEx Express introduces additional routes between Asia and Europe
FedEx Express has announced the launch of a new route between Asia and Europe. Customers in North Asia, including China...

FedEx and Elroy Air collaborate to test autonomous drone cargo delivery
FedEx Express, a division of FedEx Corp., is partnering with Elroy Air, a business located in the San Francisco Bay Area...

FAA seeks comments on Fedex plan to modify A321-200 to add infrareds
The Federal Aviation Administration (FAA) has invited comments on the proposed special conditions for the Airbus...

FedEx Express checks into priority cross-border deliveries with new offering
Leading express transportation company FedEx Express (FedEx) has recently announced the launch of FedEx International...
