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FedEx

FAA flight cuts, cargo grounding strain deliveries
Nov 11, 2025

FAA flight cuts, cargo grounding strain deliveries

NEW YORK (AP) — The Federal Aviation Administration’s announcement of a 10% reduction in flight capacity across 40 major U.S. airports could put a strain on air cargo as the peak holiday season approaches. Several airports with major package distribution centers are on the list of airports that will reduce capacity — FedEx has hubs at the airports in Indianapolis and […]

Oil prices flip-flop and US stocks drift as Wall Street waits for Iran’s reaction to US strikes
Sep 19, 2025

Wall Street edges higher as markets eye record week

Wall Street opened slightly higher Friday as Nvidia and Intel extend gains, while FedEx and Lennar earnings move individual stocks.

Hampton logistics company closes, laying off 63
Jul 28, 2025

Hampton logistics company closes, laying off 63

Hampton-based delivery company Rochambeau Logistics closed last week, laying off 63 employees in the process.

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