FedEx to compete in same-day delivery with Amazon, Walmart and UPS
FedEx is launching same-day delivery through a partnership with OneRail, a final-mile platform.
FedEx is launching same-day delivery through a partnership with OneRail, a final-mile platform.
FedEx Freight was again a drag on FedEx Corp.’s consolidated results, which came in ahead of expectations.
FedEx delivered strong third-quarter results, buoyed by volume and yield growth and structural cost savings.
FedEx has put 10 more shipping stations on the chopping block as it integrates two separate delivery networks into a single, efficient operation.
FedEx is giving B2B shippers the option to use reusable boxes in distribution networks with predictable returns.
Businesses are bracing for higher air cargo rates and shipping delays as airlines ground aircraft and avoid Middle East airspace as the U.S. and Israel battle Iran.
A suit against FedEx for a refund of $36 in duties plus fees could expand to millions of plaintiffs if a judge certifies it as a class action in the wake of a Supreme Court decision deeming certain Trump tariffs unlawful.
The operator of a new airport in Mumbai, India, has started building a dedicated cargo facility for FedEx, which currently operates from a shared facility at the city’s legacy airport.
A shipper has sued FedEx for repayment of tariffs collected on small parcels after the Supreme Court said the Trump administration was wrong to use emergency authority to impose the import fees.
Major importers are racing to recover tariff payments deemed unconstitutional while President Trump signals a fresh round of duties, keeping supply chains on edge.
FedEx continues to show strong optimism that it will soon begin operating its fleet of MD-11 freighters despite no signs from regulators investigating the deadly UPS accident about when they’ll lift the aircraft’s flight ban.
When it comes to e-commerce delivery, FedEx only wants longer-haul, heavy and high-value parcels because operating as a local courier for small packages isn’t profitable.
FedEx management on Thursday explained the rationale for their new investment in InPost, a fast-rising European parcel carrier.
FedEx unveiled its four-year growth strategy on Thursday, setting a goal of 14% profit growth by 2029.
FedEx has partnered with three investment companies to buy European parcel carrier InPost and take it private, with both sides leveraging complimentary strengths in last-mile delivery and global distribution.
FedEx has filed plans with local planning authorities for the addition of another major parcel sorting building at its super hub at Memphis airport in Tennessee.
FedEx Freight has its first rating from a credit agency and it’s less than FedEx.
FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but that’s a blip for a company that just reported a $1.6 billion operating income and a 19% gain in adjusted earnings per share.
Weak shipment counts have pushed profit expectations lower at FedEx Freight.
FedEx has adjusted its air network and flying schedule to overcome the loss of grounded MD-11 freighter aircraft, but the changes have overwhelmed staff dedicated to supporting pilots laying over in destination cities.