Consultant Insight: Reality hits FedEx as it announces disappointing Q1 results
In a surprise move, FedEx announced preliminary earnings a week ahead of their fiscal 2023 Q1 earnings. “Global volumes declined ...
In a surprise move, FedEx announced preliminary earnings a week ahead of their fiscal 2023 Q1 earnings. “Global volumes declined ...
A slowdown in the global air freight market appears to be underway. Global volumes declined 9% in July compared with ...
FedEx Express recently moved into a new facility at Newcastle International Airport (NCL) in the United Kingdom, expanding its operational ...
FedEx heads into a new era as founder, Chief Executive Officer and Chairman Frederick Smith will step down from his ...
Overall, FedEx’s fiscal third quarter, which ended Feb. 28, was a good one, with the company noting that December 2021 ...
In the second year of COVID-19’s impact on global logistics, mergers and acquisitions (M&A) opportunities, safety and security, and new ...
FedEx Express is taking full advantage of the constrained air market and anticipates a continued favorable pricing environment for the ...
Labor issues impacted profitability for FedEx’s Express division, weighing on the company’s recent earnings announcement. However, optimism for international growth ...
A new cooperation agreement aims to establish the Budapest Airport (BUD) as an East-Central European regional gateway for air cargo ...
FedEx reported net income of $892 million for its Fiscal Year 2021 third quarter ended Feb. 28, nearly triple its ...
Air Belgium plans to expand its business model to include cargo operations and will add at least four freighters to ...
Some U.S.-based carriers have staved off layoffs thanks to labor negotiations, unpaid leave for employees and additional support from federal ...
Almost five years after FedEx acquired TNT, the integration is finally nearing an end. Plagued by issues like a cyberattack ...
FedEx is planning to slash as many as 6,300 jobs in Europe as the courier completes the process of combining ...
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