FedEx pilots to vote on strike authority, but no action imminent
The FedEx pilots’ union is asking members to vote on a strike authorization for possible later use.
The FedEx pilots’ union is asking members to vote on a strike authorization for possible later use.
Driverless trucks have special needs that only humans can perform at terminals where they will drop and hook loads.
FedEx said it aims to slash $700 million per year in costs through a massive overhaul of its air network, part of a larger corporate profitability initiative.
UBS’ Tom Wadewitz says more clarity on cost-cutting actions provides a “long runway” for stock.
Carrier revenues hit an all-time high in 2022, according to an annual Pitney Bowes study.
Consumers are buying food instead of “stuff.”
A new contract between UPS and the Teamsters will be agreed upon weeks before the current agreement’s expiration date, Satish Jindel tells FreightWaves.
The FedEx Ground unit flexed its muscles in the third quarter with strong operating income and cost-reduction prowess.
FedEx Express is aggressively scaling back air operations to save money as shipping demand crumbles.
Volume weakness persists at FedEx, but cost reductions are acting as strong offsets.
Las acciones suben después de horas como los inversionistas aplauden la cadencia de las reducciones de costos
Boeing has paused delivery of the 767 freighter until it corrects a fuel tank issue.
FedEx abandons its low-key communication style to get direct with UPS’ customers.
Company looks to push a more agile air network.
Explained: New 2023 UPS and FedEx Fees and Service Changes
FedEx’s 50 Days of Caring initiative will take the company to the golden anniversary of its first flights, which is April 17.
The FedEx Ground unit appears to be looking to work directly with contractors rather than through consultants and brokers.
The Chicago-based company has added its name to a growing list of parcel players.
Los despidos sin precedentes en FedEx han dejado atónitos a empleados actuales y antiguos
For more than 50 years, a familylike bond has existed between FedEx management and employees. After a round of job cuts unprecedented in scope, that bond rests on shaky ground.