FedEx launch economic alternative for less urgent shipments
FedEx Express has announced the expansion of its international shipping portfolio with a suite of economy services.
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FedEx welcomes first Boeing 777 freighter
FedEx Express has unveiled its first Boeing 777 Freighter (777F), claiming it will make the shipping of goods faster and more environmentally efficient.
Read MoreFedEx honored by national retailer
FedEx Corp. recognized as small parcel carrier of the year.
Read MoreFedEx Express to increase net average shipping rates 4.9 percent in 2008
FedEx Corp. will increase the net average shipping rate for FedEx Express by 4.9 percent, which is composed of a 6.9 percent increase in standard list rates, offset by a 2.0 percent reduction in the fuel surcharge. The new rates will be effective Jan. 7, 2008 and apply to U.S. and U.S. export express package and freight shipments.
Rates and surcharges for FedEx Ground also will increase for 2008. These changes will be announced later this year.
New in 2008, FedEx Express customers importing goods to the U.S. will pay U.S. dollar rates. This provides a consolidated set of U.S. import rates to U.S. customers allowing them to avoid uncertainties caused by currency fluctuations. Increases in rates for shipments inbound to the U.S. from certain international locations will also be effective Jan. 7, 2008.
“FedEx continues to provide market leading express services,” said T. Michael Glenn, FedEx executive vice president, Market Development and Corporate Communications. “These rate adjustments will allow FedEx to continue making the necessary investments in our business so we can continue to give our customers a superior shipping experience.”
Read MoreFedEx adds new flights between Memphis (US) and Manchester (UK)
FedEx Express, the cargo airline of FedEx Corp., is launching new direct flights between its headquarters in Memphis and Manchester, England.
An MD-11 flight originating at the shipping giant’s hub in Paris will stop in Manchester each day Monday to Thursday before flying to Tennessee.
The flights will increase the company’s daily capacity between the U.S. and U.K. by up to 50 percent and between Europe and the U.S. by 20 percent, FedEx announced Tuesday.
“Manchester is the fastest-growing region in the U.K., which has led to increased market demand for reliable, time-definite express transportation services,” said Robert W. Elliott, president, FedEx Express, Europe, Middle East, Indian subcontinent and Africa.
The airline already operates two express freighters from Stansted in southeastern England to Newark, New Jersey, and Memphis. The new flight is expected to increase next-day service and allow later pickup times for northern Britain.
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