In the globalized economy, moving goods quickly between producer and customer is a key ingredient to success. FedEx is hoping to help make that transaction happen by developing and purchasing its own version of Boeing's 777 airliner, outfitted as a cargo plane. FedEx is the only shipper to purchase the 777, allowing it to carry heavy cargo between Asia and the U.S. without a fuel stop in Alaska. The result is that Chinese factories can work three extra hours and still make next day U.S. delivery. FedEx hopes this gives them the competitive edge as the shipper of choice for time critical shipments.
FedEx Looks to 777s to Deliver an Edge - WSJ.com
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