CBS: FedEx founder Fred Smith: An 'overnight' success (VIDEO)
CBS News reports: When Fred Smith started his next-day delivery company Federal Express in 1973, flying ...
Oh, to have been a fly on the wall at yesterday’s airline CEO meeting with Trump and Pence. The chiefs of American, United, JetBlue, FedEx, Atlas Air and Qatar Airways met to discuss US accusations that subsidies by Qatar and the UAE are costing jobs in the US, reports Reuters. The Partnership for Open & Fair Skies, (which some have argued is anything but) is trying to squash the ambitions of tiny Air Italy, part owned by Qatar Airways. Meanwhile the cargo players and JetBlue are trying to ensure that the US’s open skies remain that way – warning of “a rapid unravelling of hard-fought aviation rights around the world when other governments take similar action to shield their state-owned airlines from competition”.
The US administration is yet to reveal what was said, but Scott Reed, managing partner for the Partnership for Open & Fair Skies, said “The president shares our concerns and instructed us to keep working with the US Department of Transportation.”
Container freight rates: 'collapse' is the word, says Xeneta
CMA CGM liner trades pummelled in Q1 – and there's worse to come
Mexican rail seizures give near-shoring interests pause for thought
Cargo shifts back to US west coast ports, but some has gone for good
Worker no-shows force US west coast port terminal shutdowns
Digital forwarders back in the spotlight: can they compete?
Major box lines still fighting over diminishing supply of smaller ships
'Alarming signals' as airfreight capacity rises and rates fall
Hapag-Lloyd CEO bullish on prospects for a peak season
Hapag-Lloyd kicks off its ship demolition programme
Evergreen and Wan Hai face up to bearish market as profits tumble
FedEx pilots win ‘tentative agreement’ on new contract after strike threat
Comment on this article