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Chinese officials suspect FedEx held back over 100 Huawei packages

Hong Kong (CNN Business) Chinese authorities suspect FedEx of holding back more than 100 packages that tech company Huawei was trying to deliver to China, state media reported Friday. Regulators in China concluded that FedEx (FDX) committed "violations" when it diverted Huawei parcels, according to state news agency Xinhua. The Chinese government opened an investigation nearly two months

Gokada achieves 99.8% safety record

Motorbike hailing service, Gokada, says it has achieved 99.8 percent safety record since it officially commenced operations in 2018. According to the firm, this translates to a 0.02 percent incident rate per ride. Its Co-Chief Executive Officer, Ayodeji Adewunmi, said the firm remained committed to promoting safety, fast and efficient transport as

UPS will not join FedEx lawsuit against U.S. government

FILE PHOTO: The logo of United Parcel Service is seen at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry, southern Paris, France, June 26, 2018. REUTERS/Charles Platiau - Copyright CHARLES PLATIAU(Reuters)     United Parcel Service Inc said on Tuesday it would not join a lawsuit FedEx Corp filed against the U.S.

FedEx sues U.S. Department of Commerce

Yesterday (Monday), FedEx filed a suit in U.S. District Court in the District of Columbia against the U.S. Department of Commerce (DOC), which seeks to enforce prohibitions contained in the Export Administration Regulations (EAR). The suit follows FedEx’s accidental diversion of several Huawei packages shipped from the United Kingdom to the United States earlier this month.   In the filing, FedEx argued that the

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