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.,
Cargo Delivery
FedEx Shipping Rates to Increase in 2019
Air Canada Cargo to modernize its Edmonton facilities
Air Canada broke ground today on a new facility that will house its ground support equipment service and cargo teams at Edmonton International Airport (YEG). The new, 4,645-square-meter facility being built by Terracap Group is set to open in September 2019. Air Canada has signed a 15-year lease for the multi-tenant
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
Turkish Cargo prepares for ‘Mega Hub’ at Istanbul New Airport
FedEx to use special bonuses to keep pilots from retiring: report
FedEx Memphis hub FedEx Ground CFO Bob Henning on the company’s plans for the busy holiday season and the potential competition in shipping from Amazon. The holiday shipping season is coming and FedEx is making sure the packages get there on time. The delivery service wants to keep retirement-age pilots on the job
California port drivers, warehouse workers strike
Action targets XPO Logistics and NFI Industries operations over a wide area of Southern California. Drayage truck drivers, warehouse workers and their supporters are participating in protests around the Ports of Los Angeles and Long Beach and other locations in Southern California Monday aimed at ending what they say is exploitation
DHL Freight letting customers specify delivery dates
Freight EuroConnect shipments can be stored up to five business days. DHL Freight announced Wednesday that effective immediately it is offering customers throughout Europe a fixed delivery day (FDD) service for its Freight EuroConnect product. The new service allows a customer to hand over a shipment to the DHL Freight network as
American logistics companies brace for Florence supply chain disruptions
Tracking Hurricane Florence, impact on Pittsburgh area | WPXI While Hurricane Florence appears to have weakened overnight to a Category 2 storm, it has maintained its vast size and slowed its forward momentum this morning, making the risk of serious supply chain disruption even worse as it makes landfall later today
UPS expects automation, expansion plans to boost earnings by 2022
United Parcel Service Inc expects its automation and expansion plans to add between $1.00 and $1.20 to its adjusted earnings per share by 2022, the world’s biggest package delivery company said on Thursday. Atlanta-based UPS is in the early stages of its $20 billion capital spending project to automate and expand