FedEx Founder and Parcel Industry Pioneer Dead at 80
Fred Smith’s company generates $88B in revenue after starting as an air-ground network with handful of aircraft.
Fred Smith’s company generates $88B in revenue after starting as an air-ground network with handful of aircraft.
U.S. aerospace companies worry import duties and a broader trade war could dim their prospects.
Weak demand and operational complexity prompt manufacturer to exit project cargo market.
Agency faces attrition of air cargo security experts if employees are forced to return to the office.
The service is investigating the aircraft’s potential utility in environments with operational challenges or minimal infrastructure.
The Chinese manufacturer’s first delivery drone, the FlyCart 30, immediately becomes one of the largest last-mile drones on the market.
Restructuring plan designed to reduce debt load by $450M.
The airport is positioning itself to attract general cargo, bypassing crowded international gateways for faster turnarounds.
The parcel carrier is concentrating on maximizing planeloads.
Downsizing flight operations is a big piece of parcel carrier’s strategy to improve efficiency and profitability.