As many as 70 Boeing 747-400 and MD-11 freighters were parked in the years following the 2008 global financial crisis, with many remaining unused for long stretches or retired altogether. The fact that this many large cargo aircraft that traditionally carry goods on the world’s lucrative east-west trade lanes were unneeded speaks volumes about the plight of air cargo. FedEx founder, chairman and CEO Frederick Smith has been giving speeches throughout this year in which he has ...

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