A new Chinese postal law may make life difficult for international express carriers operating in China to expand their business. The Chinese government on enacted a new postal law on 24 April that bars foreign companies from delivering domestic express letters. Without access to this segment it may be difficult to operate international express business in the country according to the Brussels-based Global Express Association, who called the move by China "protectionist". The market for express … [Read more...] about China throws up barrier to int’l express carriers
FedEx
China throws up barrier to int'l express carriers
A new Chinese postal law may make life difficult for international express carriers operating in China to expand their business. The Chinese government on enacted a new postal law on 24 April that bars foreign companies from delivering domestic express letters. Without access to this segment it may be difficult to operate international express business in the country according to the Brussels-based Global Express Association, who called the move by China "protectionist". The market for express … [Read more...] about China throws up barrier to int'l express carriers
FedEx pulls 14 aircraft from service
FedEx Corp is pulling capacity as the ongoing downturn hits its global express business, with the US-based carrier announcing in a notice to the Securities and Exchange Commission earlier this week that it will remove 10 Airbus A310-200s, four Boeing MD10-10s from service between now and the end of the quarter ending May 31. "This decision reflects management's ongoing efforts to optimise the company's express network in light of continued excess aircraft capacity due to weak economic conditions … [Read more...] about FedEx pulls 14 aircraft from service
1,000 more FedEx employees lose jobs
FedEx has cut 1,000 jobs worldwide in an attempt to save more than US$1 billion in costs as the global economy flattens freight volumes. The cuts are in addition to earlier layoffs of 900 people from FedEx Freight in February. FedEx employs approximately 290,000 people worldwide. In March, FedEx reported that third quarter profits fell 75 per cent to US$97 million. The company announced plans for job cuts and to reduce capacity and cut salaries of top executives at that time. … [Read more...] about 1,000 more FedEx employees lose jobs
MD-11 crash raises history of problems
The FedEx MD-11 aircraft that slammed into the runway and burst into flames Monday morning while landing at Tokyo's Narita International Airport during windy conditions has raised the issue of the aircraft's overly sensitive flight-control systems and reputation for being difficult to control during rough landings. Airline-related blogs have been full of discussions of the hard-landing that ultimately culminated in the total loss of the aircraft and death of both pilots. Shocking video footage … [Read more...] about MD-11 crash raises history of problems
Narita airport reopens main runway
Tokyo's Narita international airport reopened its main runway Tuesday, freeing up desperately needed capacity at Japan's busiest international airport a day after a FedEx cargo plane crashed in a ball of fire, killing two US pilots. Workers overnight cleared the charred wreckage of the MD-11 from the crash site near the 4,000-metre Runway A, which usually handles more than 350 flights a day. The runway, the longer of two at Narita International Airport was reopened shortly after 9 am (0010 GMT) … [Read more...] about Narita airport reopens main runway
