FedEx said it aims to slash $700 million per year in costs through a massive overhaul of its air network, part of a larger corporate profitability initiative.
Understanding cost modelling and use cases
By Tom Kroswek Vice President, Strategy & Business Development Tom Kroswek is a logistics and engineering professional with 30+ years of experience in supply chain engineering, transportation analysis, inbound manufacturing […]
No one is talking as YRC’s already extended healthcare benefits are nearing expiration. Coverage is set to expire in early July.
FedEx provides a rather dim near-term outlook on operations and announces cost savings and balance sheet actions to preserve liquidity.
It’s a full red alert for the airline industry as the coronavirus crushes travel demand. Companies are racing to shore up their finances as revenues dry up.
