FW: Lawmaker blames FedEx pressure and Trump bungling for de minimis U-turn
FREIGHTWAVES reports: Democratic U.S. Rep. Rosa DeLauro on Wednesday criticized President Donald Trump for flip-flopping on ...
It’s quite unusual these days to bump into Fred W. Smith, the 80-year-old executive chairman of FedEx (FDX).
The man who gloriously built the Memphis integrator from 1973, notoriously rescuing it from bankruptcy by playing blackjack in Las Vegas after all other funding sources dried up, reappeared this week to lead FedEx’s annual general meeting after one of the most difficult stints on the stock market for FDX post-Covid.
$8.3bn of paper value gone in a day a week ago.
Looking forward
“FY25 [fiscal ...
Transpacific sees first major MSC blanks as rates fall and volumes falter
Volcanic disruption at Anchorage could hit transpacific airfreight operations
Shippers snap up airfreight capacity to US ahead of tariff deadline
White House confirms automotive tariffs – 'a disaster for the industry'
New price hikes may slow ocean spot rate slide – but for how long?
Supply chain delays expected after earthquake hits Myanmar
Tighter EU import requirements proving 'a challenge' for forwarders
Looming Trump tariffs will create 'a bureaucratic monster' for Customs
Comment on this article