UPS and FedEx have temporarily grounded all 57 MD-11 freighter aircraft in their fleets to conduct checks following the catastrophic accident involving one of the planes this week.
By Satish Jindel (The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.) In 2019, FedEx dropped Amazon as a customer for B2C parcels because the retailer was becoming a competitor, with its own last-mile delivery solution that mimicked FedEx Ground’s model for […]
FedEx has consolidated its parcel operations and moved into a bigger air freight terminal in Detroit.
FedEx Corp. has completed the formation of the leadership team for a standalone FedEx Freight.
FedEx is responding to a downturn in express parcel and freight demand out of China to the United States by shifting some air assets to Asia.
Pharmaceutical and medical companies will be among the key beneficiaries of a new FedEx air freight route between Dublin and Indianapolis.
Parcel carriers like FedEx and UPS are implementing peak season surcharges to recover costs when there isn’t a spike in volume to gear up for, leaving frustrated customers looking for alternative providers.
FedEx Freight’s spinoff is on track to be completed by June of next year.
FedEx has moved its airfreight shipping operation at East Midlands Airport to a dedicated facility, away from the parcel processing area.
FedEx and DHL Express are moving to bigger and more modern package sorting facilities at airports in Turkey and Finland.
The Federal Aviation Administration penalized three companies for improperly shipping hazardous materials on FedEx and UPS aircraft.
FedEx is investing heavily to expand its parcel and freight logistics service in Saudi Arabia.
New UPS and DHL surcharges will add delivery costs for customers during the upcoming peak season.
FedEx is targeting its European operation in the next round of cost cuts. Combining U.S. ground and Express networks requires careful balancing to maintain customer service.
The son of the late FedEx founder has been nominated to the board of directors, in what could be an initial step in his succession to CEO.
FedEx has named Accenture executive Vishal Talwar as chief digital and information officer.
The FedEx Dataworks unit provides deep insight into parcel shipping operations. The best value play is to sell it.
Many businesses are diverting parcel shipments to cheaper carriers as FedEx and UPS hike rates and surcharges, according to the latest TD Cowen/AFS Freight Index.
FedEx is cutting hundreds of jobs in North Carolina, Iowa, Nebraska and Texas.
A bevy of new final-mile delivery companies is eating into the market share of FedEx, UPS and the U.S. Postal Service. The competition is keeping a lid on rates to the benefit of e-commerce shippers.
