FedEx

FedEx provides a rather dim near-term outlook on operations and announces cost savings and balance sheet actions to preserve liquidity.

The USPS received a $10 billion line of credit in the U.S. Senate version of the coronavirus relief bill. What will the U.S. House of Representatives do?

We discuss the different strategies FedEx and XPO use to build shareholder value.

FedEx is using its air-and-ground express network to delivery COVID-19 test specimens to labs, while UPS used its expertise to help the federal government set up the drive-through program

Oil exporting countries might lose upto 85% of income this year; big 3 automakers partially close plants; Amazon suspends shipment of non-essential items.

Company suspends fiscal 2020 earnings forecast due to COVID-19 outbreak

Deutsche Post World has lowered its guidance for the year and cited Amazon’s continuing insourcing of logistics as a major reason. Plus, Goldman Sachs is predicting a 5% contraction in the economy, labor shortages could hamper restocking of shelves, and the Fed slashes interest rates.

Chief Financial Officer Alan Graf to retire at year-end. Corporate Vice President and Treasurer Mike Lenz to assume the role in September.

Green delivery vehicle arms race heats up

Final-mile smart lock provider BoxLock announces $4.5 million funding round.

FedEx paid the Big Apple $9.8 million in fines as multiple users compete for limited curb space.

UPS pilots stand to see improved wages and retirement benefits from a new contract.

Daseke has found a permanent replacement for its retired founder and namesake Don Daseke, naming interim CEO Chris Easter to the position. Plus, Valentine’s Day logistics, truckers in Oregon get political and Chinese truck capacity shrinks.

Like most mega-companies, UPS Inc. (NYSE:UPS) is loath to publicly discuss customers or its relationships with them. It refuses to answer reporters’ questions about customers. It never mentions them in press releases or other media announcements. But the long-held custom went out the window last week. In announcing its fourth-quarter and full-year results, UPS not […]

The coronavirus could present a silver lining for freighter operators, but any boost in business may be weeks or months away, depending on how long the contagion lasts.

Too much Amazon traffic may spoil the Brown broth

UPS unveils a slew of products and services ahead of tomorrow’s fourth quarter results

Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.

Urban deliveries to overrun cities. Tier one auto suppliers to get squeezed