Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
The Latest FedEx Headlines
FedEx to acquire Israeli-based Flying Cargo Group’s international express business
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 3911045" data-attributes="member: 1"><p><strong><a href="https://www.freightwaves.com/news/airfreight/fedex-to-buy-israeli-partner-intl-operations" target="_blank">FedEx to acquire Israeli-based Flying Cargo Group’s international express business - FreightWaves</a></strong></p><p></p><p>FedEx Express, the air and international unit of FedEx Corp. <a href="https://www.barchart.com/stocks/quotes/FDX" target="_blank">(NYSE: FDX), </a> has reached a conditional agreement to acquire the international express business of Flying Cargo Group, FedEx Express’ long-standing Israeli agent. Flying Cargo Group is one of the most world’s most iconic transportation and logistics agencies.</p><p></p><p>The agreement, which is subject to regulatory approval, is expected to close in the first half of 2019, the companies explained late yesterday. Until then, Flying Cargo’s international express business and FedEx Express, which operates international services in Israel through its TNT Express operation, will function independently.</p><p></p><p>Flying Cargo will continue to own and operate the rest of its portfolio, which includes warehousing, fulfillment and intra-Israeli pick-up and delivery, the companies said.</p></blockquote><p></p>
[QUOTE="cheryl, post: 3911045, member: 1"] [B][URL='https://www.freightwaves.com/news/airfreight/fedex-to-buy-israeli-partner-intl-operations']FedEx to acquire Israeli-based Flying Cargo Group’s international express business - FreightWaves[/URL][/B] FedEx Express, the air and international unit of FedEx Corp. [URL='https://www.barchart.com/stocks/quotes/FDX'](NYSE: FDX), [/URL] has reached a conditional agreement to acquire the international express business of Flying Cargo Group, FedEx Express’ long-standing Israeli agent. Flying Cargo Group is one of the most world’s most iconic transportation and logistics agencies. The agreement, which is subject to regulatory approval, is expected to close in the first half of 2019, the companies explained late yesterday. Until then, Flying Cargo’s international express business and FedEx Express, which operates international services in Israel through its TNT Express operation, will function independently. Flying Cargo will continue to own and operate the rest of its portfolio, which includes warehousing, fulfillment and intra-Israeli pick-up and delivery, the companies said. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
The Latest FedEx Headlines
FedEx to acquire Israeli-based Flying Cargo Group’s international express business
Top