FedEx announced a strategic investment in Chennai-based startup company FourKites, aiming for a smooth, smarter supply chain globally. The collaboration will work to enhance single-day shipments, linking 220 countries and UTs across the world, raising 99% GDP. Under this joint venture, Fourkites will use its technology skills and FedEx's data insights. providing a new end-to-end supply chain under FourKites X. With this, the companies an… read-more
Courtesy: The Times Of India
Indian-origin American Raj Subramaniam to head FedEx as the Chief Executive Officer (CEO.) FedEx current Chairman and CEO Frederick W Smith on March 28 announced his resignation. Smith said, "As we look toward what's next, I have a great sense of satisfaction that a leader of the caliber of Raj Subramaniam will take FedEx into a very successful future". Subramaniam will take over as CEO from June 1.
Foreign Minister S Jaishankar on April 17 announced to render all possible assistance to US’ Indianapolis local authorities and the Sikh community in the April 15 killings of eight people including four Sikh. Reportedly, the gunman identified as Brandon Hole (19) killed himself after opening fire at a FedEx delivery facility in Indianapolis which has 90% of the Sikhs or Indo-Americans working there. Meanwhile, the motive behind gunfire is… read-more