FedEx posts weak fiscal Q4 operating results, but EPS beats expectations
FedEx Corp. posted a $334 million net loss for Q4 on Tuesday, but shares spiked on strong non-GAAP results.
FedEx Corp. posted a $334 million net loss for Q4 on Tuesday, but shares spiked on strong non-GAAP results.
“Freedom of the Skies” is tempered by landing slots at airports, which are controlled by the governments the airports are in. In the high-stakes world of air cargo, landing slots are very valuable. Learn more in Darren Prokop’s commentary.
Roundup comprises elections and selections by Atlas Air, Elemica, Georgia Ports Authority, Hapag-Lloyd, NCBFAA and VeriShip.
FedEx will see $370 million in noncash charges stemming from valuation declines in previously acquired operating units.
The alliance between FedEx and Microsoft may change supply chains,. Brian Aoaeh explores the issues involved.
Companies and governments should be prepared to work together as blockchain becomes a more prevalent part of both entities’ operations.
Amazon Air has gone from start-up to mid-size cargo airline in four years. By mid-decade, it is expected to be in air cargo’s major leagues.
“With digital logistics, you can democratize manufacturing to the point of consumption,” said James Regenor.
Move follows UPS fees implemented a few days ago.
As protests over the death of George Floyd expand nationwide, road closures and safety concerns are starting to impact freight movements and put the lives of truck drivers at risk
FedEx reported to be exploring alternative growth path in Europe through stake in German parcel company Hermes.
FedEx is experimenting with combining some elements of its Express and Ground units. Read about how that might affect the company.
The partnership could help Microsoft usher in a new era of retail.
Online shopping surge, coronavirus breed new e-commerce alliances
There are more ways to help businesses struggling during the coronavirus crisis than loans and direct payments. The Australian government has operationalized an international airfreight support program to restore supply chains for perishables that were broken by the pandemic, threatening to kill business for many exporters.
FAA cuts tower hours for air traffic control, but airports should continue to function smoothly.
Prominent transportation leaders are part of a business task force offering ideas on when and how to lift coronavirus restrictions.
Rate slack at heart of White House decision to deny agency direct COVID-19 aid
Drone use for package deliveries is expected to remain largely grounded by regulatory and infrastructural hurdles during the next few years, according to Frost and Sullivan.
Cargo planes are in high demand these days because they are the fastest way to get vital medical equipment and supplies to health care workers trying to save the lives of those infected with the coronavirus. But inflexible regulations and bureaucrats can undermine that speed.