Latest news and articles about FedEx from NEX English
FedEx has announced the resumption of cargo flights using MD-11 aircraft following the lifting of a ban by the Federal Aviation Administration (FAA). This decision comes after a thorough review to ensure the safety of the aircraft.
Amazon is increasingly entering the shipping services market, raising questions about the future of traditional shipping companies like FedEx and UPS. Despite a notable decline in the stocks of these companies, some analysts remain skeptical about Amazon's ability to make a significant impact.
FedEx faces a legal challenge in France, accused of complicity in genocide for allegedly transporting components for Israeli aircraft used in bombings in Gaza. The lawsuit was filed by the French Jewish Union for Peace, demanding accountability from the company.
FedEx has announced a new partnership with Berkshire Grey aimed at developing its automation technologies. This collaboration is part of FedEx's strategy to leverage external expertise in technology.
FedEx has announced its partnership with OnRail, a company specializing in last-mile delivery, to offer same-day delivery services to all its customers. This initiative comes amid increasing competition with Amazon and Walmart.