Jan. 16 2011 09:55 PM

FedEx purchases four aircraft from struggling Transmile


Post&Parcel--Malaysian-based cargo carrier Transmile Group has agreed to sell four MD-11F aircraft to FedEx in order to reduce growing debt.

The freighter aircrafts, which have been idle since 2008, will cost FedEx $68m (RM208.8m).

Read more!
FedEx vs UPS: By the Numbers Next
FedEx plans big new Atlanta distribution center Previous
More from Featured News
Bowe1
BÖWE SYSTEC: Branching out into postal and parcel logistics
DHL Express Certified in the U.S. as a Top Employer for 2017
DHL Expands Global Partnership with WE by Honoring Young American Leaders

Follow