Volume and yield gains powered the Express and LTL units, while staffing shortages and operating inefficiencies continued to hurt the Ground unit.
Merchants Fleet is continuing its electrification efforts, announcing it will order EV step vans from Xos.
FedEx and UPS suspended guaranteed delivery refunds when the pandemic hit. As shippers chafe under erratic service levels, they face the possibility that some programs may never return.
The investigation makes progress after between 300 and 400 parcels were found in a wooded ravine last week.
The agency plans an array of parcel-delivery rate increases soon after the yuletide ends.
Beans.ai emerges from stealth with $17M in funding and plans to map the final foot of delivery.
A former FedEx Ground senior manager was sentenced to more than three years in prison for his role in a decadelong stolen-goods scheme.
FedEx is paying customers that utilize their own equipment, a consultant says.
The company faces an optics challenge as many question the motive behind rate increases.
The company didn’t blindside anyone. But it didn’t please that many, either.
Noncontract prices will climb by 5.9% for FedEx’s Express, Ground and Freight services.
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.
FedEx Ground has begun using robotics from Berkshire Grey in its Queens facility, with plans to add them to more facilities in the coming months.
The trucks are to be delivered later this year and in early 2022.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: 6,550 manufacturing jobs headed for Mexico as border freight capacity tightens; Aeronet Worldwide expands in Texas; FedEx Ground leases distribution center in Houston; and Bullfrog Logistics files for Chapter 11 bankruptcy.
The company reports strong fiscal 2021 fourth-quarter results, but warns that a persistent labor shortage will drive up costs and impede productivity.
Warehouse violence is an outlier that no one talks about. But it’s always a present danger.
“We are deeply shocked and saddened by the loss of our team members following the tragic shooting,” FedEx said.
FedEx stays mum on how it will aid its ground delivery contractors to transition to all-electric vehicles.
The company sets ambitious fleet electrification goals and establishes a center at Yale University to research climate-capture techniques.
