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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...

Cargo Shots by The STAT Trade Times - 22 March 2024
Cargo Shots by The STAT Trade Times powered by Group Concorde - 22 March 2024Our pick of the best news that made...

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...

FedEx signs 5-year deal with Teesside Airport for 8 weekly flights
FedEx, the world’s largest transportation company, has signed a five-year deal for an airfreight handling facility...

Over 80% U.S. SMB leaders say trade directly benefits them
A vast majority of small- and medium-sized business (SMB) leaders in the U.S. believe trade is essential to growing and...

FedEx opens regional headquarters in Singapore
FedEx Express, a subsidiary of FedEx and one of the world’s largest express transportation companies, opened its new...

Cargo Shots by The STAT Trade Times - 23 February 2024
Cargo Shots by The STAT Trade Times powered by Group Concorde - 23 February 2024Our pick of the best news that made...

FedEx to invest $350 million for new hub in Dubai
FedEx Express (FedEx), a subsidiary of FedEx and one of the world’s largest express transportation companies, is...

FedEx launches life science centre in Mumbai
FedEx Express, a subsidiary of NYSE-listed FedEx, unveiled its FedEx Life Science Center in Mumbai, setting a benchmark...

FedEx announces first-of-its-kind data-driven commerce platform
FedEx announced fdx, the first data-driven commerce platform that connects the entire customer journey for companies to...
