FedEx Freight boss urges Trump to reconsider trade agreement benefits

Michael Ducker, president and CEO of FedEx Freight Michael Ducker, president and CEO of FedEx Freight, joined a chorus of logistics and transportation interests calling for President-elect Donald Trump to honor America’s commitment to the Trans-Pacific Partnership (TPP) and bolster extant trade ties.  “Trade agreements are the solution, not the problem," Ducker told the 2016 […]
  • Lewis King
  • November 18, 2016

FedEx forwarding subsidiary grows in Malaysia

FedEx’s forwarding arm,  FedEx Trade Networks (FTN), announced the opening of a new office in Malaysia in Penang. Located approximately 100 miles north of the capital, Kuala Lumpur, the new FTN office is located in Penang’s central business district, close to the airport and the seaport, as well as the city’s key infrastructure facilities. According […]
  • Lewis King
  • November 11, 2016

UPS 747-8F order breathes life into Boeing’s program

Just when the industry thought the sun was setting on Boeing’s most iconic workhorse jet, the aviation giant announced a firm order for fourteen 747-8Fs, plus options for up to 14 more, from express giant UPS. The announcement is being seen as a possible game-changer for the storied jumbo freighter, which, until today, had only […]
  • Lewis King
  • October 28, 2016

FedEx, Museum of Flight celebrate 100 years of air cargo [VIDEO]

With $1.5 million funding from FedEx, Seattle’s Museum of Flight this year opened what it calls “the world’s first air cargo exhibit.” In 2015, the museum approached FedEx Express about constructing an exhibit chronicling the air cargo story, and FedEx agreed. It took over a year (and the deconstruction of a 727 freighter) to put the […]
  • David Harris
  • October 24, 2016

FedEx to invest €1.4 billion in Paris CDG facility overhaul

FedEx Express is expanding its distribution hub at Paris-Charles de Gaulle (CDG) Airport with a €200 million investment in technology and automation, and a €1.2 billion, 30-year lease. The 30-year lease underscores the long-term importance of the European Union to the company’s long-term plans. Once completed, FedEx said the upgrade will increase sorting capacity by […]
  • Lewis King
  • October 21, 2016

Mercedes-Benz, Matternet enter last-mile ‘van + drone’ delivery race [VIDEO]

The competition for low-cost last-mile solutions just heated up with the announcement by Daimler AG today that it is partnering with U.S.-based drone startup Matternet to develop drones for its delivery vans. The German auto giant will invest US$562.75 million over the next five years designing electric, networked van-drone-hybrid combos. The announcement comes less than […]
  • Lewis King
  • September 7, 2016

DP-DHL looks to cross-border investment for e-commerce growth

One would be hard-pressed to name a market expanding more rapidly than cross-border e-commerce, and today Deutsche Post DHL Group’s Post – eCommerce- Parcel unit has unveiled its strategy to construct six new distribution centers and expand two existing centers in the United States to leverage this growing market. By 2020, the value of cross-border […]
  • Charles Kauffman
  • July 28, 2016

FedEx releases strong 2016 numbers, adds to its 767 fleet

FedEx has beaten analysts’ projections for fiscal year 2016, posting a 7.4 percent fourth-quarter rise in revenues to US$13 billion. The latest numbers round out the year’s revenue total to $50.4 billion, an increase of almost $3 billion over FY2015, and an adjusted net income of $3.02 billion, compared to the $2.57 billion figure from […]
  • Lewis King
  • June 22, 2016

TNT grows in Spain to accommodate economic recovery

TNT Express – following its acquisition last month by FedEx – announced plans this week to expand its international express delivery service in Spain, adding 1,300 postal codes to its next day delivery. The company anticipates reaching 90% of Spanish businesses with the expansion. The move is the latest in a series of improvements that […]
  • Lewis King
  • June 9, 2016

RACCA warns of air cargo delays from looming pilot shortage

Americans can expect delivery disruptions in the coming months unless steps are taken to address a growing pilot shortage, according to a recent study conducted by the Regional Air Cargo Carriers Association (RACCA) on behalf of FedEx, UPS and DHL. The report found that carriers connecting small-town America to large package delivery hubs, located in […]
  • Lewis King
  • May 27, 2016

Amazon to have little effect on UPS, FedEx bottom lines

Amazon’s recent entry into the air cargo business may not significantly impact the bottom lines of UPS and FedEx, according to a report released last week by credit rating agency Moody’s. While both carriers are exposed to Amazon, accounting for 7 percent of UPS’ North American volume and 3 percent for FedEx, analysts from the […]
  • Lewis King
  • May 26, 2016

Done Deal: FedEx buys TNT, hubs to remain open – for now

Today FedEx reached the end of its long road to the acquisition of TNT. It also started down the longer, and likely more rocky, road of making that acquisition work. In this analysis from our sister publication, Cargo Facts, David Harris describes how, in the near term, both brands, will remain and the three European […]
  • David Harris
  • May 25, 2016

ASL finalizes purchase of TNT air operations

The first ripples of the FedEx/TNT deal are about to be felt in Europe with ASL Aviation Group’s announcement today that it has completed the purchase of the airline operations of TNT Express, which includes Belgian subsidiary TNT Airways and Pan Air Líneas Aéreas, based in Spain. ASL also signed a multi-year service agreement to […]
  • Randy Woods
  • May 24, 2016

Final hurdle cleared in FedEx/TNT deal

Like a trail of slowly falling dominoes, the regulatory clearance process for FedEx’s US$4.9 billion acquisition of TNT Express has moved from country-to-country, occasionally hitting minor setbacks, until today, when China’s Ministry of Commerce, the last remaining regulatory body to submit a decision, announced its full approval of the deal. “With the approval of the […]
  • Charles Kauffman
  • April 29, 2016
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