FedEx drops plans to serve Cuba, citing chilled U.S. relations

In another sign of cooling relations between the United States and Cuba, FedEx Corp. said yesterday that it will no longer pursue scheduled cargo service to the Caribbean island nation, ending a more-than-two-year effort to establish overnight courier service to the former Cold War adversary. According to Bloomberg, FedEx issued a statement on Wednesday, saying […]

Trump’s new Cuba policy complicates airfreight, bilateral trade plans

Almost one year ago, FedEx was granted permission to operate freighter flights between the U.S. and Cuba by the U.S. Department of Transportation (DOT). FedEx has until October 15, 2017, to inaugurate its U.S./Cuba all-cargo air service, but those plans are in jeopardy now, thanks to a policy change by the Trump administration. In a […]