FedEx

The board at FedEx has formally greenlit the spinoff of its freight division.

Six months after the crash of a UPS plane and the FAA ordered the grounding of all MD-11 aircraft, FedEx has been authorized to fly the freighter jets again.

FedEx is in the final stages of resurrecting its MD-11 fleet after helping Boeing redesign a part that contributed to the fiery crash of a UPS jet in November, executives said during an employee briefing on Wednesday.

The Iran war is impacting FedEx operations in Dubai, which wants U.S. permission to pause flights there from Hong Kong so it doesn’t lose the right to fly that route.

FedEx is telling pilots and other personnel to get ready for the return to service of the MD-11 freighter as federal regulators could soon approve a Boeing fix for the grounded aircraft.

FedEx and UPS will not be major players in the B2C parcel market unless they strategically engage with an e-commerce marketplace, says commentator Satish Jindel.

FedEx says it is looking for a new CFO after John Dietrich decided to step down from the position.

FedEx and its pilots have reached a tentative agreement on a new labor contract, but it took five long years to get there.

FedEx Freight outlined financial targets and operational initiatives ahead of a June separation from parent FedEx Corp.

FedEx is launching same-day delivery through a partnership with OneRail, a final-mile platform.

FedEx Freight was again a drag on FedEx Corp.’s consolidated results, which came in ahead of expectations.

FedEx delivered strong third-quarter results, buoyed by volume and yield growth and structural cost savings.

FedEx has put 10 more shipping stations on the chopping block as it integrates two separate delivery networks into a single, efficient operation.

FedEx is giving B2B shippers the option to use reusable boxes in distribution networks with predictable returns.

Businesses are bracing for higher air cargo rates and shipping delays as airlines ground aircraft and avoid Middle East airspace as the U.S. and Israel battle Iran.

A suit against FedEx for a refund of $36 in duties plus fees could expand to millions of plaintiffs if a judge certifies it as a class action in the wake of a Supreme Court decision deeming certain Trump tariffs unlawful.

The operator of a new airport in Mumbai, India, has started building a dedicated cargo facility for FedEx, which currently operates from a shared facility at the city’s legacy airport.

A shipper has sued FedEx for repayment of tariffs collected on small parcels after the Supreme Court said the Trump administration was wrong to use emergency authority to impose the import fees.

Major importers are racing to recover tariff payments deemed unconstitutional while President Trump signals a fresh round of duties, keeping supply chains on edge.

FedEx continues to show strong optimism that it will soon begin operating its fleet of MD-11 freighters despite no signs from regulators investigating the deadly UPS accident about when they’ll lift the aircraft’s flight ban.

When it comes to e-commerce delivery, FedEx only wants longer-haul, heavy and high-value parcels because operating as a local courier for small packages isn’t profitable.

FedEx management on Thursday explained the rationale for their new investment in InPost, a fast-rising European parcel carrier.

FedEx unveiled its four-year growth strategy on Thursday, setting a goal of 14% profit growth by 2029.

FedEx has partnered with three investment companies to buy European parcel carrier InPost and take it private, with both sides leveraging complimentary strengths in last-mile delivery and global distribution.

FedEx has filed plans with local planning authorities for the addition of another major parcel sorting building at its super hub at Memphis airport in Tennessee.

FedEx Freight has its first rating from a credit agency and it’s less than FedEx.

FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but that’s a blip for a company that just reported a $1.6 billion operating income and a 19% gain in adjusted earnings per share.

Weak shipment counts have pushed profit expectations lower at FedEx Freight.

FedEx has adjusted its air network and flying schedule to overcome the loss of grounded MD-11 freighter aircraft, but the changes have overwhelmed staff dedicated to supporting pilots laying over in destination cities.

The big three domestic parcel carriers are consistently hitting on-time benchmarks even as holiday package volumes spike.

FedEx has removed MD-11 freighter flights from its December schedule. The carrier could be without the freighters for a long time as aviation authorities investigate the cause of the recent UPS MD-11 crash.

FedEx will lay off 856 workers as it permanently closes a facility in Coppell, Texas.

Electric vehicle maker plans to deliver the EV chassis to FedEx by the end of 2025

FedEx says it is prepared for the peak shipping season and has more ability to flex its network because of a major transformation initiative currently underway.

FedEx says it has implemented backup plans to continue delivering parcel and freight shipments without interruption after 25 widebody cargo jets were sidelines for inspections after the UPS aviation accident.

The FAA has prohibited all MD-11 aircraft from flying after the deadly crash of a UPS MD-11 cargo jet this week.

UPS and FedEx have temporarily grounded all 57 MD-11 freighter aircraft in their fleets to conduct checks following the catastrophic accident involving one of the planes this week.

By Satish Jindel (The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.) In 2019, FedEx dropped Amazon as a customer for B2C parcels because the retailer was becoming a competitor, with its own last-mile delivery solution that mimicked FedEx Ground’s model for […]

FedEx has consolidated its parcel operations and moved into a bigger air freight terminal in Detroit.

FedEx Corp. has completed the formation of the leadership team for a standalone FedEx Freight.

FedEx is responding to a downturn in express parcel and freight demand out of China to the United States by shifting some air assets to Asia.

Pharmaceutical and medical companies will be among the key beneficiaries of a new FedEx air freight route between Dublin and Indianapolis.

Parcel carriers like FedEx and UPS are implementing peak season surcharges to recover costs when there isn’t a spike in volume to gear up for, leaving frustrated customers looking for alternative providers.

FedEx Freight’s spinoff is on track to be completed by June of next year.

FedEx has moved its airfreight shipping operation at East Midlands Airport to a dedicated facility, away from the parcel processing area.

FedEx and DHL Express are moving to bigger and more modern package sorting facilities at airports in Turkey and Finland.

The Federal Aviation Administration penalized three companies for improperly shipping hazardous materials on FedEx and UPS aircraft.

FedEx is investing heavily to expand its parcel and freight logistics service in Saudi Arabia.

New UPS and DHL surcharges will add delivery costs for customers during the upcoming peak season.

FedEx is targeting its European operation in the next round of cost cuts. Combining U.S. ground and Express networks requires careful balancing to maintain customer service.

The son of the late FedEx founder has been nominated to the board of directors, in what could be an initial step in his succession to CEO.

FedEx has named Accenture executive Vishal Talwar as chief digital and information officer.

The FedEx Dataworks unit provides deep insight into parcel shipping operations. The best value play is to sell it.

Many businesses are diverting parcel shipments to cheaper carriers as FedEx and UPS hike rates and surcharges, according to the latest TD Cowen/AFS Freight Index.

FedEx is cutting hundreds of jobs in North Carolina, Iowa, Nebraska and Texas.

A bevy of new final-mile delivery companies is eating into the market share of FedEx, UPS and the U.S. Postal Service. The competition is keeping a lid on rates to the benefit of e-commerce shippers.

FedEx will soon provide a single pricing structure for parcel pickups to coincide with restructuring of Express and Ground networks into a single network.

The U.S. Postal Service is saving a great deal of money with UPS as its prime air cargo vendor instead of FedEx, according to a new inspector general’s report.

The Memphis-Shelby County Airport Authority passed a resolution on Thursday to begin renaming the Memphis International Airport after FedEx founder Fred Smith.

FedEx is accelerating the overhaul of its express and package delivery networks to eliminate excess capacity and improve customer service.

FedEx said its newly streamlined air cargo network helped it adjust to tariff-induced demand fluctuations and make a profit during its latest quarter.

FedEx has permanently parked 12 cargo jets as it aligns the fleet with shipping volumes to control costs.

FedEx founder Fred Smith died Saturday with a legacy as a great U.S. entrepreneur.

Scottsdale, Arizona-based supply chain management company Blue Yonder announced Wednesday that it has acquired full ownership of Inmar Post-Purchase Solutions and will continue to support FedEx Easy Returns.

A new robot that flips packages so labels can be scanned is helping FedEx more accurately sort packages at its Cologne, Germany, air station for final delivery.

The National Transportation Safety Board says a FedEx Boeing 757-200’s belly landing in Chattanooga, Tennessee, was caused by the failure of the alternate gear extension system.

Freight-related layoffs hit Amazon, FedEx, UPS and F&S Produce West over the past week.

FedEx Corp. has announced the new leaders for less-than-truckload carrier FedEx Freight following a 2026 spinoff.

Amazon will outsource delivery of large packages to FedEx in a deal that should prove more profitable on a per-shipment level than shipments under the companies’ partnership that ended six years ago.

An industry group tells DOT that the future is now when it comes to deploying autonomous trucks.

The U.S. Postal Service board of governors is set to vote soon on a FedEx official to lead the agency, according to a newspaper report.

FedEx continues to implement its Tricolor efficiency strategy with the conversion of a 777 freighter aircraft from its parcel to its heavy air cargo network.

FedEx has added another link to its deferred air cargo network with regularly scheduled all-cargo flights from Singapore to Alaska.

In this edition: Health care sector sees massive investment from small-parcel carriers, a new cold storage acquisition and a disruption in the ice pop space. 

U.S. parcel volumes hit a record in 2024, but new competitors like Amazon, Walmart and OnTrac are eroding the market share of FedEx and UPS, a new report says.

DHL said a major new investment will help double revenue for health care logistics by 2030 while FedEx says its technology enhancements are bringing in a surge of new health care customers.

U.S. safety investigators are calling for airlines to inspect Boeing 757s for faulty latches that could prevent evacuation slides from deploying after an accident involving FedEx.

The freight and transportation industry saw another big round of layoffs at the end of the first-quarter.

FedEx is simplifying returns for merchants and consumers with a new tech-enabled service that doesn’t require a box or shipping label.

FedEx has switched from downsizing to incrementally growing its air cargo fleet by ordering large 777 freighters and postponing plans to retire older MD-11 jets.

FedEx is working on several fronts to shore up its less-than-truckload business ahead of a 2026 spinoff.

FedEx reported higher revenue and operating income in the third quarter than last year but says shipping business could slow this quarter because of weakness and uncertainty in manufacturing.

Rep. Rosa DeLauro says the Trump administration has retreated from removing a lucrative tariff exemption for low-value e-commerce goods made in China. In its haste to crack down on duty evasion and fentanyl smuggling, the White House made the situation worse, she says.

Firms in the U.S. have announced supply chain-related layoffs totaling 9,746 workers since the beginning of September.

Supply chain firms in the U.S. have laid off more than 5,235 workers since the beginning of October.

Federal Express’ strategy for improving profitability and soft parcel volumes includes redeploying aircraft for daytime international flights to capture containerized cargo.

FedEx said Thursday it will move forward with the separation of its less-than-truckload and legacy package delivery businesses.

FedEx is strengthening its air network in Latin America with two new flights linking markets in South and Central America with Miami, the company announced.

FedEx transported six giant pandas between the United States and China this week on what the company calls the “FedEx Panda Express.”

A challenging parcel environment led to disappointing first-quarter results for FedEx.

FedEx Corp. announced a strategic alliance with Nimble Robotics on Thursday to scale FedEx Fulfillment with Nimble’s fully autonomous 3PL model.

To view more FreightWaves infographics, click here

The old FedEx and UPS business models aren’t working in a parcel market undergoing radical transformation. The express carriers need to rethink their network strategies as B2C shipping takes precedence and consumers compromise on speed to get lower prices.

FedEx is rebranding its cargo jets by erasing the Express descriptor to signify there are no longer separate Express and Ground operations, just One FedEx.

FedEx will fly fewer aircraft and go to fewer U.S. cities starting this fall after the U.S. Postal Service gave its primary air cargo contract to a competitor.

FedEx Corp. on Thursday opened its first European Life Science Center, with capabilities to receive, store, kit, pick, pack and ship health care products.

FedEx is cutting nearly 20% of its Boeing 757 cargo jets because of soft demand and efforts to modernize the fleet.

FedEx will soon begin streamlining flight operations in line with changing market demand and a world in which it no longer is the prime contractor for the U.S. Postal Service.

To view more FreightWaves infographics, click here

A congressional waiver on sunsetting Boeing’s production of 767 freighters to comply with international emissions rules will benefit FedEx and UPS.