FedEx Freight ready to trade
PRESS RELEASE FedEx Completes Spin-Off of FedEx Freight Creates Two Independent, Industry-Leading Public Companies Positioned to Deliver ...
The past month has delivered the air freight industry an uncomfortable reality check.
Two seemingly separate events: a 32-year-old Emirates 747 freighter crashing into the sea in Hong Kong and UPS’s sudden grounding of its MD-11 fleet after a deadly accident in Kentucky, have converged into a single message – the world’s logistics engine is running on borrowed time and borrowed machinery.
(Out over the weekend: ’Seeking Alpha: UPS, FedEx ground MD-11 cargo planes on recommendations of Boeing’; more here: ...
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