FedEx
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Air Cargo
At FedEx, the pain continues, and the gain isn’t in sight
FedEx posts lousy fiscal q1 results but insists that the long-term outlook remains bright
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Last Mile
FedEx will not apply peak season parcel surcharges, saves the pain for the outsized stuff
FedEx passes on peak season surcharges but will hit the outsized stiff hard. Rates also to rise for 2020 services.
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Air Cargo
Dismissal sought for FedEx export control lawsuit
The Justice Department has asked the express carrier’s lawsuit to be dismissed, stating that it should be up to Congress and not the court to…
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Last Mile
U.S. lawmakers demand Amazon cut last-mile contractor ties
“Aggressive” management style has led to driver abuse, senators claim.
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Air Cargo
UPS hiring 100,000 seasonal workers for peak, expanding access to tuition reimbursement plan
UPS to hire 100k employees for peak season, and will expand tuition reimbursement plan
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Air Cargo
China begins probe into FedEx knives shipment to Hong Kong
China has begun probe into charges FedEx handled restricted knives bound for Hong Kong
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Air Cargo
FedEx buys Colombian freight forwarder, customs broker affiliate
FedEx acquires Colombian freight forwarder, customs broker
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Last Mile
FedEx unit expands final-mile delivery network
FedEx Freight expands its last-mile delivery network to 19 US markets
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Asia-Pacific
Summer doldrums explode along with tariff war, tweets
The summer doldrums were broken violently by an escalation in the U.S.-China trade war and tweets
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News
Transports sag on trade banter, increased tariffs will not help
Fed policy talk and China’s retaliatory tariffs couldn’t spook the markets. It was the President’s tweets that sent the markets into a tailspin. With tariff…
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