FedEx Corp.'s first-quarter earnings report released today warned of weak profits through the end of the year as the global economic downturn marches on.

In what may be called a black day in the history of civil aviation as a plane full of children crashed in Montana a second plane crash report is coming now from Japan. Fedex cargo plane has crashed in Tokyo's Narita Airport in Japan killing two people.

How hard is it to deliver a package to Ouagadougou? A group from the Supply Chain and Logistics Institute in the H. Milton Stewart School of Industrial and Systems Engineering at Georgia Tech, one of the most respected logistics programs in the world, puts the major carriers (UPS, FedEx and DHL) to the test every year with its Great Package Race, a contest to see which carrier can get a package to a very challenging locale the fastest and in the best condition.