The company also imposes sweeping levies on former postal business that’s been brought in-house; a separate 60-cents-per-package residential fee kicks in Jan. 17 with no end date.
The two firms reach equity and operating agreements to expand their presence in the Indian market.
E-commerce pushes rapid growth in domestic parcel business
No one was injured when a man drove his car through the FedEx fence at LAX and proceeded to zoom around the runway.
Greater package volumes are dictating FedEx’s purchase of 20 more cargo jets.
The company reports strong fiscal 2021 fourth-quarter results, but warns that a persistent labor shortage will drive up costs and impede productivity.
The company restores guarantees on domestic next-day air deliveries and U.S. air imports and exports.(Photo: Flickr/Tomás Del Coro CC BY-SA 2.0)
FedEx stays mum on how it will aid its ground delivery contractors to transition to all-electric vehicles.
FedEx Corp. unveiled plans to reach carbon neutrality across its global delivery network by 2040 with a fully electrified surface transport fleet.
FedEx pilots want the company to stop releasing crews into Hong Kong for rest periods because of aggressive testing and quarantine restrictions that subject them to infection and loss of personal freedom.
Stockholm-based electric trucking company Einride conducted a survey to gain insights into women’s views on a career in the trucking industry and how technology and autonomy impact interest.
You’ve probably flown in a Boeing 737-800, a next-generation variant of this popular 737, but when they are put to pasture they become valuable assets for all-cargo airlines. ASL Airlines in Europe is snapping some up and converting them to freighters.
BrightDrop, the new General Motors business-to-business electric first-to-last-mile delivery subsidiary, will sell 12,600 of its vans to Merchants Fleet.
Capacity can be a fleeting thing, especially in the middle of a pandemic. Airlines are shrinking their flight schedules and it’s hurting cargo shippers who depend on the lower-deck space to move goods.
Hong Kong has some of the most rigid COVID-19 health measures and travel restrictions in the world. New rules targeted at home-based crews are impacting operations at Cathay Pacific and FedEx, where pilots are also griping about the lack of good air conditioning when overnighting in China.
Retailers with physical footprints have been able to leverage new modes of fulfillment to pass increased costs associated with online delivery to consumers and their suppliers. But for digitally-native brands without access to physical stores, this could be painful should it become the new normal. If you ask FedEx, it already has.
FedEx Express unveils its dual-hub strategy in Europe and says redundancies will result in significant attrition.
General Motors has created a new battery-electric first-to-last-mile business eyeing an $850 billion delivery market. Following a second pilot program, FedEx Express is slated to get the first 500 units of the EV600.
FedEx will mark its 50th year by harnessing IT for pitched battles with Amazon and UPS.
The flow of vaccines to the American public is slowly picking up pace in week two. A lot of coordination among manufacturers, logistics companies, carriers and the government is required.
