Tag: FedEx

FedEx sues for refund after US Supreme Court rejects Trump’s emergency tariffs

FedEx has launched a lawsuit seeking a full refund of the controversial emergency tariffs imposed by President Donald Trump, after the US Supreme Court ruled the measures unlawful. The global transport and postal company filed its claim in the FedEx v United States at the United States Court of I...

FedEx announces Board of Directors for future independent FedEx Freight

FedEx Corp. has announced the ten-member board of directors for FedEx Freight, ahead of its planned spin-off from FedEx Corp. on June 1, 2026. As previously announced, R. Brad Martin, current executive chairman of the FedEx Corp. board of directors, will serve as chairman of the board of FedEx Fr...

Rising costs force UPS and FedEx to cut back as cargo market shifts

High operating costs are placing increasing pressure on global parcel and cargo operators, prompting companies such as UPS and FedEx to introduce further cost-cutting measures, according to industry analysts. The moves are seen as part of a longer-term trend rather than a sudden change. Integrators...

Transport logistic Americas: day two

Things got underway a little later this morning due to a procession for a Miami Beach police officer who was killed in a motorbike crash last week. Roads around the Miami Convention Centre were temporarily closed for the motorcade.   Hundreds of law enforcement officers rode their motorbikes wi...

SMEs optimistic about Asia–Europe trade as FedEx reports rising confidence and cargo demand

Small and medium-sized enterprises (SMEs) across Europe and Asia Pacific are showing strong optimism about cross-border trade, according to a new survey released by FedEx. The study found that 87% of European SMEs trading with Asia Pacific expect exports to rise or remain strong in the coming yea...

FedEx expands Spanish operations with new Bilbao facility

FedEx has opened a new facility at Bilbao Airport, significantly expanding its handling capacity in northern Spain. The new complex offers 2,700 sq m of warehouse space — almost 2,000 sq m more than the company’s previous site — alongside 400 sq m of modern office space spread over two floors...

FedEx appoints Kawal Preet as Executive Vice President

FedEx Corp. has announced the appointment of Kawal Preet, formerly regional president of the Asia Pacific (APAC) region, to executive vice president (EVP), Planning, Engineering, and Transformation, effective October 1. Reporting to FedEx President and CEO Raj Subramaniam, Preet will be the newes...

FedEx opens automated cargo hub at Tallinn Airport

FedEx has launched operations at a new automated sorting facility in Tallinn, boosting Estonia’s access to global trade routes. Located in the airport’s new cargo area, the terminal is the first on the southern side of the Airport City business complex. It links directly to FedEx’s inter...

FedEx expands UK capabilities with opening of new dedicated freight facility at East Midlands Airport

Federal Express Corporation (FedEx) today announces the opening of a new 19,000 sq. ft purpose-built facility at East Midlands Airport to further strengthen its UK and international network. The new facility operates independently from the company’s existing parcel sorting operations and is des...

FedEx inaugurates new global air transit facility at Istanbul Airport

Federal Express Corporation today announced the official inauguration of its new global air transit facility at Istanbul Airport (IST). This strategic facility places FedEx at the crossroads of East and West, in a country rapidly emerging as a global air cargo powerhouse and a key hub for cross-b...

FedEx launches first nonstop flight from the West to Saudi Arabia

FedEx has launched its first dedicated freighter service to Saudi Arabia, becoming the first express logistics company to operate a nonstop route from the West into the Kingdom. The new service, operated with a Boeing 777 freighter, will run six times a week linking the Americas and Europe with R...

ACIA Aero Leasing signs agreement for sale of first ATR72-600 large cargo door freighter to FedEx

ACIA Aero Leasing, a provider of regional aircraft leasing and lease management services, today announced that they have signed a definitive agreement for the sale of an ATR 72-600 LCD (Large Cargo Door) freighter to FedEx. This is the first ever 72-600 passenger aircraft to undergo conversion to...

FedEx optimizes logistics operations with new facility in Vianen

Federal Express Corporation (FedEx) announces the opening of its newest facility in Vianen. This modern site, designed to handle both parcel and pallet operations, marks a significant step forward in enhancing logistics infrastructure in the Netherlands. The new facility boosts the efficiency of ...

FedEx retires 12 aircraft in fleet modernisation drive

FedEx has permanently retired 12 aircraft from its fleet and taken a $21 million impairment charge as part of a broader effort to streamline its air network and modernise operations in line with current demand. The express logistics giant, headquartered in Memphis, confirmed that the aircraft ret...

Fred Smith, FedEx founder, dies at 80

Frederick Smith built FedEx from a college idea into one of the most influential businesses in the world. Frederick W. Smith, who founded FedEx Express Corp. fifty-four years ago and revolutionized the parcel delivery business by using aircraft for overnight delivery, died Saturday, the company s...

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