FedEx has announced its figures for the quarter ended August 31, 2022 which reveal that FedEx Express had a revenue shortfall of approximately $500 million relative to company forecasts and FedEx Ground revenue was approximately $300 million below company forecasts.
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DHL Supply Chain has acquired NTA – New Transport Applications – a company specialized in providing logistics services to the pharmaceutical and healthcare sector.
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The Board of DX announces that Chief Executive Officer, Lloyd Dunn, has resigned from his position and as a Director of the Company. His resignation takes effect from today’s date.
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Investcorp, a global alternative investment firm, today announced that Investcorp Saudi Pre-IPO Growth Fund LP led the Pre-IPO round in privately-held TruKKer Holding Limited, MENA’s largest digital freight network with a leading position across Saudi Arabia, the United Arab Emirates, Egypt and neighboring countries.
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JD Airlines (Jiangsu Jingdong Cargo Airlines), an affiliate to JD Logistics, has gotten its wings—receiving an air carrier certificate from the Civil Aviation Administration of China (CAAC) on August 31.
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