FedEx

Trump going the wrong way on trade, FedEx founder says

Higher rates ahead for FedEx shippers.

Continuing efforts to fight what he says are unfair trade practices, the administration of President Donald Trump announced the U.S. will pull out of the Universal Postal Union (UPU) treaty, which sets how much can be charged for international shipping.

Deal for Australian freight forwarder and customs broker to increase exposure to growing regional economy.

BNSF announced that former chief executive Matthew Rose will retire from a his role as executive chairman of the largest freight railroad in the U.S. effective next April, and more in Today’s Pickup.

As peak season nears, EnVista’s Senior Project Manager Mark Taylor gave FUEL 2018 attendees his best tips to navigate the sea of surcharges that lies ahead.

FedEx, the giant US courier company, proactive adopter blockchain technology and BiTA member, has joined Linux hosted open-source project Hyperledger to further advance the use of distributed ledger in logistics, and transportation.

Transportation services firm misses first quarter estimates as company accelerates pay raises and bonuses.

Parcel giant UPS announced today that it expects to hire about 100,000 seasonal employees to support the anticipated surge in package volume that will begin in November and continue through January 2019. 

Truckers are not singing the blues in Memphis (except on Beale Street): It’s currently the number one headhaul market in the U.S.

Amazon is scaling up its asset side on both last mile delivery and linehaul, pursuing a low-cost strategy of leased vehicles, independent contractors, and power-only deals with enterprise carriers.

Ford will launch a new SUV in China as part of their growth plan, while Uber Freight is spinning off as a separate business unit from Uber under the direction of Lior Ron.

Volvo Trucks and FedEx demonstrated their truck platooning technology in North Carolina this morning, in conjunction with the North Carolina Turnpike Authority.

XPO Logistics announced this morning that it will be adding augmented reality to its Ship XPO platform, giving end customers the opportunity to visualize how items such as sofas, beds and appliances, will look inside their home.

Shrugging off any potential disruption due to trade war, FedEx Corp. executives were upbeat about the outlook for 2019 for both the general economy and FedEx’s operating units during its fiscal 2018 fourth-quarter and year-end earnings call on Tuesday.

As blockchain technology works its way into the transportation ecosystem, there is remains plenty to learn about its potential, but its success will depend on multiple parties working together.

Amazon and the US Postal Service have grown package volumes and profits together in a mutually beneficial relationship.

Trucking’s environmental progress since the first Earth Day; Volvo Trucks shares battery tech across brands; US oil exports to Europe jump on Brent/WTI spread; BNSF and Union Pacific offer $25k signing bonuses; FedEx links Guangzhou and Memphis; how China is buying Europe.

Shippers are anticipating continued volume increases, tighter capacity, and further rate increases according to a Morgan Stanley survey.

China approves drone package delivery; driver pay is up 15% in 3 years; Hapag-Lloyd has a plan to switch to low sulphur fuel; Trump gears up for fight with Amazon; Barclay’s thinks WTI crude will drop to $51 this year.