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Amazon will impact U.S. Postal Service, Not FedEx – Fred Smith, CEO & Chairman Of FedEx Corp.

A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration       On a recent trip to FedEx’s Asia Pacific headquarters, the company’s CEO stopped by Bloomberg to talk all things trade and Amazon. Fred Smith, founder, chairman and CEO of Memphis-based FedEx Corp.,

IATA reports demand increased only 2 percent in September

  September traffic data from the International Air Transport Association (IATA) shows a sluggish 2 percent year-over-year growth in demand, measured in freight tonne kilometers (FTKs) – less than half of the five-year average growth rate of 5.1 percent. The report is essentially on par with the WorldACD’s September analysis, which reported

FedEx Acquires Australia’s Manton

    Acquisition designed to expand freight forwarding capabilities and connect customers to global markets.   FedEx Corp. announced Thursday that it has agreed to acquire Manton Air-Sea Pty Ltd, a provider of logistics services including freight forwarding and customs brokerage solutions headquartered in Sydney, Australia. FedEx said Manton’s capabilities complement and expand its portfolio

EBay accuses Amazon of trying to ‘illegally poach’ its sellers

EBay has accused Amazon employees of using its messaging system to illegally poach its sellers. The online auction platform sent a cease-and-desist letter to Amazon on Monday accusing it of breaking California’s Comprehensive Computer Data Access and Fraud Act, as well as its own user agreement and policies. "We have uncovered an unlawful

Primera Air: Passengers stranded as airline collapses

  A budget airline that began offering long-haul flights from UK airports earlier this year, including Stansted to the US, has collapsed. Primera Air said it was ceasing all operations at midnight on Monday after 14 years of operations. Flights to Washington and New York due to leave Stansted on Monday night were

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