Pressure of Omicron – MHD

MHD interviews SCLAA Director Kyle Rogers and uTenant’s Director of Business Development Katharina Attana on the ramifications of the Omicron strain for international and domestic supply chain.  With the Australian Retailers Association (ARA) predicting supply chain issues will continue for the next 18 months, organisations like the Supply Chain and Logistics Association of Australia (SCLAA) say… Continue reading Pressure of Omicron – MHD

FedEx reports fiscal third quarter earnings gains

Fiscal third quarter earnings for Memphis-based freight transportation and logistics services bellwether FedEx issued yesterday showed gains, amid various challenges. Quarterly revenue—at $23.6 billion—saw a 10% annual increase, and operating income—at $1.33 billion—saw a 32% annual gain. Diluted earnings per share—at $4.20—were up 27% annually, coming up short of Wall Street expectations at $4.65. FedEx… Continue reading FedEx reports fiscal third quarter earnings gains

Omicron wreaking havoc with international supply chain

Paul Zalai, Director of the Freight Trade Alliance. Photo supplied: Paul Zalai With the Omicron variant ravaging the country, supermarket shelves are empty, and truck drivers are either isolating and awaiting PCR test results or are sick at home with COVID. But the latest wave is not only affecting these Australian industries, it is also… Continue reading Omicron wreaking havoc with international supply chain

Omicron issues are impacting staffing and service for FedEx

A customer service advisory issued earlier today by Memphis-based global freight transportation and logistics services titan FedEx stated that the company is again dealing with service disruptions, as was the case earlier this year. “The explosive surge of the COVID-19 Omicron variant has caused a temporary shortage of available crew members and operational staff in… Continue reading Omicron issues are impacting staffing and service for FedEx