FedEx is expecting to move more than 290 million shipments between Black Friday and Christmas Eve, an 8.8 per cent increase in overall year-over-year peak seasonal volume. The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million in volume. December 15 is forecast to be the busiest day in company history, with a projected 22.6 million shipments moving around the world. … [Read more...] about FedEx forecasts record holiday volume
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FedEx launches global returns service
FedEx Corp. has launched FedEx Global Returns, a shipping solution designed to simplify the worldwide returns process. The solution offers retailers enhanced ability to manage their customers’ returns experience, including editable return labels, customs documentation and flexible return destinations via FedEx Express or FedEx Ground. “FedEx Global Returns puts the shipper in control,” said Raj Subramaniam, executive vice president of Marketing and Communications at FedEx. … [Read more...] about FedEx launches global returns service
FedEx announces early retirement of aircraft
FedEx has announced it has immediately removed eight aircraft from its fleet including A310 and MD10 aircraft. It is also accelerating the retirement of 66 further MD10 and A310s but has not indicated a time-line for this. Analysts have estimated this will reduce FedEx's capacity by nearly seven per cent. Although this represents a substantial proportion of FedEx's 368 large jet aircraft fleet, the move is, in part, a restructuring of the fleet renewal programme which will see the older … [Read more...] about FedEx announces early retirement of aircraft
Pharma traffic expected to grow 12%
Pharma traffic expected to grow 12% A 12 per cent growth rate is predicted for pharmaceutical air freight over the next five years as air cargo carriers and logistics operators prioritise investment in facilities to cater for the rapidly growing pharaceutical market. In 2011 alone, the pharma logistics market is estimated to be worth €47 billion. Freight giant UPS has invested in five new pharmaceuticals facilities in the past year, while Germany’s Lufthansa recently opened a new … [Read more...] about Pharma traffic expected to grow 12%
Playing with fire: Undeclared dangerous goods
Playing with fire: Undeclared dangerous goods Despite the dramatic rise of battery-related freight and baggage fires over the last 20 years, the shipment of lithium batteries is simply one example of the thousands of potentially dangerous goods that are shipped without properly being identified. A stark illustration of how dangerous goods can cause a catastrophe if they are not prepared for transport in accordance with strict International Civil Aviation Organisation (ICAO) regulations … [Read more...] about Playing with fire: Undeclared dangerous goods
FedEx ups capacity on Singapore-Memphis lane
FedEx Express has launched its fourth new B777F on flights from Singapore to the FedEx Super Hub in Memphis, Tennessee, via Osaka, Japan, replacing an MD-11F aircraft. The service will operate five times a week in response to what FedEx said was an "anticipated increase in cargo transportation demand in Singapore." Singapore was the US' tenth largest export market in the first three months of 2010, up from 11th place in the first three months of 2009, with exports to Singapore rising 34.6 per … [Read more...] about FedEx ups capacity on Singapore-Memphis lane