A new contract between UPS and the Teamsters will be agreed upon weeks before the current agreement’s expiration date, Satish Jindel tells FreightWaves.
FedEx’s 50 Days of Caring initiative will take the company to the golden anniversary of its first flights, which is April 17.
FedEx will cut 11% of trans-Pacific flights, 9% of trans-Atlantic flights and 17% of Asia-Europe capacity.
FedEx says its new operational integration will drive down costs and push up operating margins significantly.
Carere will head a new centralized group focusing on digitization.
Raj Subramaniam, presidente, se convertirá en consejero delegado cuando el fundador ceda su puesto el 1 de junio
FedEx founder will leave the CEO role June 1, succeeded by Raj Subramaniam, the company’s president.
Fred Smith se alejará pronto del papel de consejero delegado, según predice una conocida consultora
A noted consultant sees FedEx founder Fred Smith dropping the CEO role to become executive chairman; second-in-command Raj Subramaniam would take Smith’s place.
