All TNT Express articles
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News
FedEx reduces Liege hub job cuts
Fewer FedEx employees will be made redundant at its Liege hub as a result of demand increases and discussions with unions.The express giant had announced a series of job cuts in January as a result of the integration of the air network of TNT Express, which it purchased for €4.4bn ...
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FedEx to cut jobs and integrate TNT air network in Europe
Express firm FedEx plans to cut jobs in Europe and combine air networks as part of the integration of TNT.The US logistics giant acquired TNT for €4.4bn in 2016 as part of its European expansion plans and has been integrating IT systems and air, road and ground networks since then.The ...
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NewsEast Midlands Airport calls on government to "unlock" its cargo potential
East Midlands Airport (EMA) wants the UK government to “unlock its potential” as a major airfreight hub, with management tabling five key policy requests to promote the cargo gateway’s fuure development.The airport, part of Manchester Airports Group (MAG), wants the government to set out clear policies to solidify its position ...
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NewsEast Midlands Airport expands space for freighters
East Midlands Airport (EMA) is expanding the apron space for freighter aircraft as the UK cargo hub prepares for increased volumes driven by the e-commerce boom.The airport, whose freighter airline customers include Fed Ex/TNT, UPS and Royal Mail, is improving its infrastructure so that aircraft can load and unload more ...
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NewsDon Colleran named president and CEO of FedEx Express
Don Colleran, FedExGlobal integrator FedEx Corp has appointed Don Colleran to the role of president and chief executive of FedEx Express, effective March 16.Jill Brannon will succeed him as executive vice president and chief sales officer of FedEx Corp.Colleran’s 30-year career with FedEx includes various sales roles as well as ...
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NewsFedEx names Raj Subramaniam as president and chief operating officer
Raj SubramaniamFedEx Corp has announced that Raj Subramaniam will become its president and chief operating officer as of March 1.The appointment of Subramaniam follows incumbent David Bronczek’s decision to retire as president and chief operating officer of the express services giant.Subramaniam, who has been with FedEx for more than 27 ...
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FedEx signs up for Bahrain airport's new cargo area
US parcel giant FedEx has signed a letter of intent for warehouse space at Bahrain International Airport’s (BIA) new 25,000 sq m cargo area, sited near the northern runway.The facility, which has two further tenants waiting in the wings, comprises warehouses, aircraft parking, and associated infrastructure aimed at handling air ...
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Video: Europe's FedEx Express boss on the importance of global trade
As the trade tariff dispute continues, a senior FedEx executive has warned that governments worldwide should not let "the desire for perfect trade agreements get in the way of better and stronger partnerships that create more opportunity".Bert Nappier, president of FedEx Express Europe and chief executive of TNT, expresses his ...
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European Commission 'infringed' UPS' rights by blocking TNT takeover
The European Court of Justice (ECJ) has ruled that the European Commission in Brussels infringed UPS’ rights when it stopped the US express parcel and logistics giant from buying TNT Express in 2013 for €2.2bn.A UPS spokesperson confirmed that UPS was proceeding with the process of suing the commission for ...
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News
FedEx to swoop on international express business of Israeli distribution firm
FedEx Express will acquire the international express business of Israeli logistics and distribution firm Flying Cargo Group.The announcement comes as Flying Cargo’s service agreement with FedEx Express is coming to an end.“Israel has been and remains an important market for FedEx, and our strong reputation in the market is built ...
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FedEx drops Cuba plans
FedEx has dropped plans to start a five-times-a-week freighter service between Miami and Matanzas/Varadero in Cuba.In a letter to the US Department of Transportation the express giant said it is returning its five-weekly frequencies "effective immediately" as it evaluates alternative all-cargo service options to Cuba.The express firm had applied for ...
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FedEx Q2 results tempered by European slowdown
FedEx saw second quarter revenues and profits improve in the midst of "another record setting holiday season" but its results were tempered by weakening conditions in Europe and China.The express giant saw total revenues for the period ended November increase by 9.2% year on year to $17.8bn and net income ...
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Amazon Air predicted to increasingly hit FedEx/UPS revenues
A report from investment bank Morgan Stanley has warned that the market is underestimating the risk that Amazon's air network poses to UPS and FedEx.The report suggests that Amazon's network is already having an impact on the two integrator's air volumes, with more erosion expected as services are expanded further.It ...
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Cunningham to retire from FedEx Express top job
FedEx Express president and chief executive David Cunningham will retire from the role on December 31.Raj Subramaniam, currently executive vice president, chief marketing and communications officer of FedEx Corporation, will succeed Cunningham.Cunningham began his FedEx career in 1982 in operations at the FedEx Express World Hub in Memphis, Tenn.Over his ...
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FedEx launches 4x week Singapore – Sydney service
FedEx Express (FedEx) has launched a new dedicated four times a week service between Sydney, Australia, and Singapore.The company says new flight is designed to meet customer demand for increased capacity, particularly for heavyweight shipments. Customers in Singapore and Australia will benefit from the increased capacity and reliability to transport ...
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FedEx buys Australian forwarder Manton Air-Sea
FedEx has acquired Sydney-based forwarder Manton Air Sea to operate as a subsidiary of the FedEx Trade Networks operating company.Richard Smith, president and chief executive, FedEx Trade Networks, said: “Adding Manton’s capabilities to FedEx Trade Networks and the broader FedEx portfolio will open up opportunities for us to continue to ...
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NewsTop 25 Cargo Airlines 2017: FedEx leads the pack while Qatar edges higher
FedEx extended its position as the world’s busiest freight-parcel carrier in 2017 (see table at end of article), while Emirates maintained its lead in terms of pure cargo despite Qatar Airways rapidly closing the gap on its Middle East rival.As expected, the latest figures from IATA’s World Air Transport Statistics ...
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Healy becomes regional chief operating officer at FedEx Express Europe
FedEx Express has confirmed that Sean Healy is to become the regional chief operating officer of FedEx Express Europe.Healy is to take over from Michael Holt, who will retire by the end of this month (September).Holt is staying on until the end of the month to assist with the transition.A ...
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FedEx revenues and profits on the up in fiscal Q1
FedEx saw revenues and profits increase by double-digit percentages during its fiscal first quarter as higher volumes, improved yields and lower fuel costs benefitted the company.During the June-August period, the express giant recorded a revenue increase of 11% year on year to $17bn, while operating income improved by 10% to ...
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FedEx Express expands at SBD International Airport
The San Bernardino International Airport Authority and FedEx Express have agreed to begin regular scheduled air cargo flights into the hub.In conjunction with the new daily flights, which will begin in October, FedEx will occupy a 57,000 sq ft facility under a 10-year agreement."The activity at SBD International Airport will ...