Atlas Air adds FedEx to its express customer base with ACMI deal
Atlas Air has brokered a long-term agreement with FedEx for two 747-400 freighters, on an ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
This is a really interesting case (despite the dull headline), which could possibly have ramifications across the freight industry. Where in most cases, logistics companies are responsible for their legality of the contents of their shipments, FedEx is claiming that its business model is based on allowing its customers privacy. “To somehow suggest we have potential criminal responsibility for the contents of the packages we pick up and deliver every day would fundamentally change our business,” it said. However, US federal investigators are choosing to differ. They have launched a probe into drug shipments made by illegal pharmacies, in which FedEx has found itself the target of a criminal investigation. Where FedEx is fighting, UPS has settled. Definitely a case worth watching.
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