Tag: Donald Trump

Boeing CEO Dave Calhoun Comments on US-China Trade Deal

Boeing President and CEO Dave Calhoun issued the following statement regarding the announcement today of a US-China trade deal: "Boeing has a long-standing partnership with China that spans nearly 50 years. We're proud that Boeing airplanes will continue to be a part of this valued relation...

Qatar Airways finalises order for five Boeing 777Fs

Boeing and Qatar Airways finalised an order for five Boeing 777Fs during a ceremony at the White House yesterday (9 July). The signing ceremony was witnessed by U.S. President Donald Trump and His Highness, Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar and included His Excellency Akbar Al ...

FedEx files law suit over Chinese export rules

FedEx has said it has filed suit in U.S. District Court in the District of Columbia seeking to enjoin the U.S. Department of Commerce from enforcing prohibitions contained in the Export Administration Regulations (EAR) against FedEx. The express freight firm is suing the US government to obtain ...

FedEx abandons US-Cuba freighter services plan

Memphis-based integrator FedEx has abandoned plans to start a Cuba freighter service from the US, according to a report on Bloomberg. The express freight company told the publisher that it will not be filing for an extension of the start-up date for the freighter connection. FedEx had previous...

FedEx reports higher Q1 earnings and raises outlook

FedEx has reported higher first quarter (Q1) earnings and has increased its outlook for its 2019 fiscal year - assuming that global trade is stable. The US integrator said operating income improved during Q1, benefitted from higher volumes, increased yields and a favourable net impact of fuel at ...

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