When FedEx let go of a reported $900 million annual business package with Amazon last year, eyebrows were raised.
Now finally admitting what most everybody else already knew, that Amazon is indeed a competitor, Fred Smith is at work rebuilding the overnight service that he invented.
“Air Cargo export numbers from USA were a genuine roller coaster ride during 2019,” reports Mike White President of Cargo Network services (CNS).
“CNS CASS numbers through November 2019 reflects the U.S. government agreements with some of its key trade partners.
“Over all,” Mike said, "we have seen a 6.8% drop in U.S. exports reported through CNS CASS.
Mike Webber, the much respected airports air cargo specialist, expert event industry panelist, guest speaker and analyst is also the airport development and planning, go-to executive at Landrum Brown, shares his take on 2020 as January unfolds.
“Being a derived demand ensures we’re in the crosshairs of macroeconomic influences seemingly external to our industry,” he declares in one breath.