fedex

FedEx to buy up to 50 feeder planes

FedEx has signed a deal to buy 30 ATR 72-600F for its feeder operations, with options for a further 20 planes. Delivery of the first aircraft is expected in 2020, with subsequent deliveries of about six aircraft per year over a five-year period. They feature a forward large cargo door and a rear upper-hinged cargo door and advanced avionics. The aircraft has a bulk capacity of 2,630 cubic or up ... [+]

FedEx counts the cost of TNT virus attack

FedEx said that the NotPetya cyber attack that hit its newly acuired TNT Express arm had hit its sales by about $300 million in the past three months. However, all TNT’s main systems were now working again, although parcels  volumes have been reduced, it said. Parcel broker Fastlane International’s head of ... [+]

FedEx pledges hurricane support

FedEx has committed $1 million in cash and transportation support to deliver critical medical aid and supplies in the wake of Hurricane Irma- in addition to the $1 million pledged after Hurricane Harvey. FedEx is helping the American Red Cross, Direct Relief, International Medical Corps, Heart to Heart International, Salvation ... [+]

Small firms ‘left in the dark’ over TNT cyber attack

The Federation of Small Businesses (FSB) said in July that it still had “serious concerns” about the TNT NotPetya attack and is effect on its members. It said that while the attack occurred four weeks ago some small firms remain in the dark over when and if they can expect their ... [+]

FedEx counts the cost of TNT cyber-attack

FedEx revealed further information on the cyber attack that hit its newly acquired TNT subsidiary in June in its annual Form 10-K report for fiscal year 2017 with the US Securities and Exchange Commission. It said that the worldwide operations of TNT were significantly affected by Petya virus which was ... [+]

FedEx pitches in

As a global logistics firm, FedEx Express gets asked to deliver allmanner of things, but a complete football pitch must be among the biggest and most unusual items. The express transportation firm shipped a complete ‘Pitch in a Box’, an enclosed, artificial-turf football field complete with metal railings and goals in ... [+]

Malware hits Fedex systems, others unscathed – updated

Malware hits Fedex systems FedEx has confirmed that some of its IT systems have been hit by the malware attack that has disrupted companies and organisations around the world, including the National Health Service in the UK. In most cases, the malware has targeted companies with older Microsoft operating systems such as ... [+]

Hollow victory for UPS

The EU General Court has annulled the European Commission’s blocking of the proposed merger between UPS and TNT Express in 2013, saying that the decision was based on incorrect data. With TNT now in the hands of UPS’s rival, FedEx , it is seen largely as a hollow victory for ... [+]

Small firms in the vanguard of UK export drive

More than 63% of British small and medium sized enterprises are exporting, taking advantage of declines in the value of the Pound, according to the latest FedEx SMEs Export Report. It also reveals that the digital economy proves to be an essential enabler allowing SMEs to take advantage of international opportunities, ... [+]

FedEx ready for business in Milan

FedEx Express’s new Southern Europe gateway at Milan-Malpensa airport is now fully operational.  The 35,000sq m facility features advanced technology that will boost package sorting capacity by 25% in Italy where the number of people making online purchases has doubled over the last five years and purchases for 2016 are ... [+]

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