FedEx-CMA CGM deal hints at new battle for air cargo capacity
When CMA CGM announced its $1.4bn acquisition of FedEx Supply Chain, most attention focused on the contract logistics business ...
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By Alex Lennane
FedEx and TNT workers, thousands of whom across Europe face redundancy, say the merged express company failed to communicate plans and timelines for job cuts, creating a “stressful” situation.
But FedEx told The Loadstar the job cuts could take 18 months to implement, and that the company ...
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