by Mac Slavo | Aug 30, 2023 | Headline News
FedEx and UPS have both seen their shipping volumes plummet as the economy nears collapse. The cargo market is rapidly imploding as shipping giants UPS and FedEx report precipitously declining package transit demand. The number of package flights operated by both...
by Mac Slavo | Nov 9, 2022 | Headline News
Some of the largest shipping companies in the world are seeing a collapse in worldwide trade. United States-based shipper FedEx and Danish shipping giant A.P. Moller-Maersk A/S have been vocal about emerging signs of a global economic slowdown. The latest to warn...
by Contributing Author | Sep 19, 2022 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. Do they know something that they aren’t telling us? As you will see below, Walmart, Target, and other major U.S. retailers are literally canceling billions of dollars in orders...
by Mac Slavo | Sep 16, 2022 | Headline News
FedEx’s CEO Raj Subramaniam, told Jim Cramer of CNBC that we are heading into a worldwide recession. FedEx’s top executive, who took over the role at the beginning of this year, said that declining worldwide cargo volumes were the primary factor in the company’s...
by Mac Slavo | Jan 10, 2022 | Headline News
Shipping giant FedEx is blaming the omicron variant for delays in package delivery. On Friday, the company said that rising cases of Omicron variant has caused staff shortage and delay in shipments transported on aircraft. “The explosive surge of the COVID-19...
