Saturday, July 13, 2024

FedEx Express buys express division of Flying Cargo

FedEx Express has acquired the business and assets of the international express division of Israeli firm Flying Cargo Group. The Israeli Competition Authority granted merger approval for the acquisition on 20 February. Flying Cargo Group provides logistics services, warehousing, fulfilment and distribution in Israel. It provides the services from its own facilities throughout the country […]

FedEx to take over Flying Cargo’s express business

FedEx supports Henan flood relief

FedEx Express has reached a conditional agreement to acquire the international express business of Israel’s Flying Cargo Group. Flying Cargo provides logistics, warehousing, fulfilment and distribution services in Israel for sectors including e-commerce, return goods and domestic pick-up and delivery, and will continue to own and manage these activities. The acquisition is anticipated to close […]