flying-cargo

FedEx buys up Israeli partner

FedEx Express is to acquire its partner in Israel of over 30 years, Flying Cargo Group, subject to regulatory approval. The announcement coincides with the end of Flying Cargo’s service agreement with the express operator. TNT in Israel has been part of the global FedEx group of companies since its acquisition of TNT Express in May 2016. FedEx Express began serving Israel through the International Division of Flying Cargo Express ... [+]