FedEx

A challenging parcel environment led to disappointing first-quarter results for FedEx.

FedEx Corp. announced a strategic alliance with Nimble Robotics on Thursday to scale FedEx Fulfillment with Nimble’s fully autonomous 3PL model.

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The old FedEx and UPS business models aren’t working in a parcel market undergoing radical transformation. The express carriers need to rethink their network strategies as B2C shipping takes precedence and consumers compromise on speed to get lower prices.

FedEx is rebranding its cargo jets by erasing the Express descriptor to signify there are no longer separate Express and Ground operations, just One FedEx.

FedEx will fly fewer aircraft and go to fewer U.S. cities starting this fall after the U.S. Postal Service gave its primary air cargo contract to a competitor.

FedEx Corp. on Thursday opened its first European Life Science Center, with capabilities to receive, store, kit, pick, pack and ship health care products.

FedEx is cutting nearly 20% of its Boeing 757 cargo jets because of soft demand and efforts to modernize the fleet.

FedEx will soon begin streamlining flight operations in line with changing market demand and a world in which it no longer is the prime contractor for the U.S. Postal Service.

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A congressional waiver on sunsetting Boeing’s production of 767 freighters to comply with international emissions rules will benefit FedEx and UPS.

The NTSB is now investigating two incidents involving FedEx Boeing 767 cargo jets, one in Texas and the other in Turkey this week when a plane landed on its nose.

FedEx has ordered 150 Blue Arc EV Trucks to add to its pickup and delivery fleet in the United States in an effort to reduce carbon emissions.

The U.S. Postal Service picked UPS to replace FedEx as its primary partner for moving parcels by air, but analysts say FedEx actually comes out ahead by losing the business.

UPS will take over flying mail and parcels for the U.S. Postal Service later this year. FedEx is relinquishing the contract but says the move will make it more profitable.

FedEx and UPS have recently announced job reductions as part of ongoing efforts to streamline operations and boost profits.

The FedEx pilots union has a new chairman who is more aligned with the majority of the Master Executive Council, which wants to press FedEx harder on a new contract.

FedEx Express has parked more freighters, reduced aircraft capex and is integrating its daytime freighter network with the Freight segment’s less-than-truckload operation to provide linehaul connecting the U.S. and Europe to boost efficiency.

FedEx said strong cost controls drove its fiscal third-quarter results; its shares soared in late trading.

Satish Jindel, president of ShipMatrix, shares his thoughts on the ways parcel carriers should modernize their networks.