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Evolving challenges of handling dangerous goods via air
There is no end to the ever-increasing demand of e-commerce in air freight, and with workers at the U.S. East Coast...

FedEx Q1FY2025 net income drops 27% on low demand
FedEx reported a 27 percent decline in net income at $790 million for the first quarter of fiscal 2025 (quarter...

Cargo Shots by The STAT Trade Times - 26 July 2024
Cargo Shots by The STAT Trade Times - 26 July 2024 Our pick of the best news that made headlines this week from the...

7LFreight provides access to 69% U.S. domestic air cargo capacity
Following the addition of American Airlines Cargo, Delta Cargo and United Airlines Cargo capacity to the WebCargo...

FedEx opens first European life science centre in Veldhoven
Federal Express opened its first European life science centre (LSC) in Veldhoven, the Netherlands. The LSC Veldhoven is...

FedEx appoints Nick Gennari as President, Healthcare
FedEx announced the appointment of Nick Gennari, Senior Vice President, Sales, as President, Healthcare effective July...

FedEx Q4 revenue up marginally, net income down 4%
FedEx reported a marginal increase in revenue at $22.1 billion for the fourth quarter ended May 31, 2024 but net income...

FedEx plans to reduce 1,700-2,000 employees in Europe
NYSE-listed FedEx announced plans to streamline its workforce in Europe as part of on-going measures to reduce...

FedEx Panda Express to transport two giant pandas from China to the US
The Smithsonian’s National Zoo and Conservation Biology Institute (NZCBI) announced that it will receive two giant...

FedEx to set up regional logistics facility in Qatar’s free zones
Qatar Free Zones Authority (QFZ) and FedEx Logistics, a subsidiary of FedEx Corporation, signed a Memorandum of...

UPS replaces FedEx as US Postal Service’s primary air cargo provider
UPS has announced that the United States Postal Service (USPS) awarded the company a significant air cargo contract....

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...
