FedEx says it has completed India’s first intra-city drone delivery flight trials in Bengaluru with IIT-Madras under its SMART Centre framework. The tests show transit time could fall from a 60-minute road trip to about 21 minutes, using a 39-42 km aerial route. The results point to faster last-mile logistics in cities.
Raj Subramaniam has been elected to the FedEx Board of Directors and is set to step into the role of President and CEO of FedEx Corporation. He will retain his board seat as part of the transition. Previously, he served as President and Chief Executive Officer of FedEx Express, and now moves up within FedEx’s leadership structure.
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