FedEx is accelerating the overhaul of its express and package delivery networks to eliminate excess capacity and improve customer service.
FedEx’s color-coded air network is designed to bolster FedEx Express’ margins amid continued macro weakness and other headwinds.
Despite posting operating and net income gains in its fiscal 2024 second quarter, FedEx cut its full-year revenue forecast.
A former contractor alleges that it was fraudulently induced to sign a contract with FedEx Ground.
Spencer Patton says a widening wage and benefit gap with rival UPS will make it hard for FedEx Ground contractors to recruit qualified drivers.
FedEx celebrates its golden anniversary of operations with its most intense few years in decades ahead of it.
UBS’ Tom Wadewitz says more clarity on cost-cutting actions provides a “long runway” for stock.
The FedEx Ground unit flexed its muscles in the third quarter with strong operating income and cost-reduction prowess.
Volume weakness persists at FedEx, but cost reductions are acting as strong offsets.
Las acciones suben después de horas como los inversionistas aplauden la cadencia de las reducciones de costos
Company looks to push a more agile air network.
The FedEx Ground unit appears to be looking to work directly with contractors rather than through consultants and brokers.
Things get noisy at the union’s two-day meeting to begin reviewing thousands of negotiating proposals.
El número 2 del sindicato dice que la neutralidad de costos está fuera de juego, ya que espera obtener de UPS lo que “merecen sus miembros”.
About 15% of deliveries scheduled for Friday and Saturday will not make it by Christmas, ShipMatrix says.
FedEx must convince stakeholders that it will stay the course on cost reductions.
Each carrier will come in below the other on certain services, but the net effect will be a wash, TransImpact says
AskWaves: Los directivos deben anular las vacaciones de julio y agosto, lo que indica que la empresa seguirá abierta
Since this isn’t 1997, UPS will stay open because it wants to keep business in a changed world for parcel delivery.
A week after authorities say FedEx contractor Tanner Lynn Horner confessed to killing 7-year-old Athena Strand and dumping her body near her home in Paradise, Texas, investigators have released new information about Strand’s death.
