FedEx to expand international air offerings next quarter

A COVID-19 vaccine vial next to a FedEx aircraft. FedEx has won a Canadian government logistics contract to distribute COVID-19 vaccines.

FedEx Corp. (NYSE:FDX) said Thursday night that it will roll out two intercontinental delivery products within the next couple of months as it looks to beef up its lagging global e-commerce operations and capitalize on the continued tightness of international air cargo capacity resulting from government restrictions on air travel due to the COVID-19 pandemic.

The Memphis, Tennessee-based company will add nine European countries to its Europe-to-U.S. priority air delivery network, a move that...

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