UPS, FedEx ground MD-11 cargo planes after deadly crashUPS and FedEx have grounded their fleets of MD-11 cargo planes following a deadly UPS crash in Louisville, Kentucky, that killed 14 people....
08 Nov, 2025, 07.49 PM IST
UPS, FedEx ground MD-11 planes following deadly Kentucky crashUPS and FedEx have grounded their McDonnell Douglas MD-11 aircraft. This decision follows a fatal crash at the UPS global aviation hub in K...
08 Nov, 2025, 12.46 PM IST
Memorial Day 2025: What's open and shut in US? See which stores are operating todayMemorial Day in the United States is a day to remember fallen soldiers. Observed on the last Monday of May, it began after the Civil War. I...
26 May, 2025, 05.35 PM IST
As demand for fast deliveries surges, companies struggle with the EV transitionGlobal e-commerce is expected to grow at more than twice the rate as offline purchases, and, by decade’s end, 25,000 packages will be shipp...
19 Feb, 2024, 09.37 AM IST
FedEx shares pop on hefty profit beat, UPS customer winsOperating income in FedEx's Ground division jumped 59% for the quarter ended Aug. 31. That unit benefited from UPS customers shifting packa...
21 Sep, 2023, 08.48 AM IST
FedEx plans to move Asia headquarters, executives to Singapore from Hong KongFedEx retained that still a significant presence and top brass will be retained in Hong Kong.
06 May, 2023, 09.43 AM IST
Bleaker economy could sour airline industry's bet on cargo planesAnalysts say aircraft lessors, who helped drive a tripling in annual conversions since 2019, now face not only fallout from falling rates f...
23 Sep, 2022, 09.24 AM IST
FedEx outlines cost-cutting plan; to cancel flights, close officesFedEx committed to repurchasing $1.5 billion of its common stock this fiscal year, including $1 billion in the current quarter, even as the...
23 Sep, 2022, 09.03 AM IST
One cannot get too distracted by competition, we have to focus on ourselves, says outgoing IndiGo CEO Ronojoy Dutta“One cannot get too distracted by competition. We have five other guys that each have their own little niche, that each have their own litt...
01 Jun, 2022, 02.36 PM IST
Biden joins allies, bans Russian planes from US airspacePresident Joe Biden announced Tuesday night in his State of the Union address that the U.S. is banning Russian flights from its airspace in...
02 Mar, 2022, 10.01 AM IST
Airlines face ‘Mission of the Century’ in shipping vaccinesLaid low by a Covid-19 outbreak that’s decimated passenger demand, airlines will be the workhorses of the attempt to eradicate it, hauling ...
30 Nov, 2020, 11.36 PM IST
SpaceX veterans pass milestone in self-flying plane raceDevelopers of automated flying technology envision everything from small drones delivering packages to air taxis ferrying human passengers ...
27 Aug, 2020, 10.55 AM IST
Cyberspace to warehouse: why has Amazon become a terrifying company in the world?Bezos’ brainchild has been fast-growing, influential and anomalous for most of its 24 years, but now it’s entered an entirely new phase.
16 Mar, 2018, 12.44 PM IST
- Global cargo firms keen to fly into India
FedEx, Malaysia Airlines and HeavyLift Cargo Airlines have approached govt seeking details on setting up and expanding their India operatio...
24 Feb, 2008, 06.00 AM IST
- Hyderabad-based Flyington orders 4 Boeing 777s for $1bn
Unknown Indian cargo carrier Flyington Freighters on Wednesday signed up a $1bn (Rs 4,700 crore) deal with Boeing to purchase four 777 long...
20 Jul, 2006, 12.37 AM IST