Tag: FedEx Express

US airlines bill seeks curb on foreign owners

Posted by | Jun 17, 2003 | |

Congress is considering legislation that would reinforce restrictions on foreign ownership of US airlines, in an attempt to ensure business for US carriers.

The Senate spending bill for the Federal Aviation Administration (FAA) includes language that would specify that US carriers should be controlled by US citizens.

The move comes as DHL Airways, part-owned by Deutsche Post, tries to convince the Department of Transportation (DOT) that it is not “effectively” foreign-owned. “If the present arrangement is allowed to stand, the Department of Transportation will set a precedent that allows foreign governments to compete with US companies for business which, by statute, is reserved to US carriers,” said Ted Stevens, the Alaska Republican who sponsored the language in the Senate bill.

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Loud protests of US Express duopoly have familiar ring to them

Posted by | Jun 17, 2003 | |

The uproar in the United States about who is pulling the strings behind DHL Airways and Deutsche Post’s proposed purchase of Airborne Express has a familiar timbre to it.

As is often the case, politics, especially the politics of profit making, makes for strange bedfellows. Arch-rivals Federal Express (FedEx) and United Parcel Service (UPS), whose names are dirty words in the oppositions’ Memphis and Atlanta headquarters, have banded together to block what they see as a sinister incursion into their USD30 billion domestic air cargo market by the subsidiaries of the German postal giant.

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FedEx Express debuts hybrid electric truck

Posted by | May 20, 2003 | |

FedEx Express on Tuesday introduced a low-emission, hybrid electric-powered delivery vehicle that could become a standard medium-duty delivery truck for the carrier. The new vehicle will decrease particulate emissions by 90 percent, reduce smog-causing emissions by 75 percent and increase fuel efficiency by 50 percent, according to FedEx Express, a subsidiary of FedEx Corp.

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FedEx Express offers more shipping options within intra-Asia market

Posted by | Dec 6, 2002 | |

FedEx Corp has begun utilizing the first of six recently awarded interim frequencies that allow FedEx Express to carry local traffic on key flights within the Asia Pacific region. The six interim frequencies, which strengthen the company’s competitive stance in that fast-growing region, mean that FedEx can offer additional direct service on flights between Hong Kong and other Asian markets with minimal start up costs.

FedEx is using two of the interim frequencies on Seoul, Korea to Hong Kong flights. Two other frequencies are in use on Manila to Hong Kong flights. One frequency will be applied to an existing flight between the FedEx Asia Pacific Hub in Subic Bay, the Philippines, and Hong Kong, beginning December 8, 2002. The remaining frequency will be used to initiate a new round-trip flight between Hong Kong and Subic Bay, effective December 8.

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