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FedEx Q2 operating income drops 18% on lower Freight revenue
FedEx reported an 18 percent decline in operating income at $1.05 billion for the second quarter ended November 30, 2024...
FedEx to separate FedEx Freight, create two public companies
The Board of Directors of FedEx has approved a proposal to pursue a full separation of FedEx Freight through the capital...
Cargo Shots by The STAT Trade Times presented by HACTL - 29 November 2024
Cargo Shots by The STAT Trade Times presented by HACTL - 29 November 2024 Our pick of the best news that made headlines...
FedEx launches direct flight service between Guangzhou and Bengaluru
Federal Express Corporation (FedEx), the world's leading express transportation company, has launched a strategic...
FedEx strengthens Latin American operations with new flight routes
Federal Express Corporation, the world's largest express transportation company, is strengthening its air network with...
The rise of US air cargo amidst changes and challenges
The US air freight market is projected to grow at a CAGR of 3.84% from 2024 to 2032, driven by e-commerce growth and...
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...
