FedEx Also Gets $2.35 Billion U.S. Defense Delivery Contract
Last week we reported UPS was awarded a $2.35 billion delivery contract from the Pentagon. Add FedEx to the list: it also received a $2.35 billion contract … (click to [...]
FedEx
IT Outage Grounds FedEx
On May 2 more than 120 FedEx Express flights out of Memphis International Airport were delayed early Tuesday after an information technology system outage hit the company’s [...]
FedEx Opens Panama Logistics Facility
FedEx Express has inaugurated new FedEx Logistics Centre in Panama Pacifico to expand its presence in the Latin American and Caribbean region … (click to read [...]
FedEx Revenues Soar
FedEx posted a record 2016 holiday shipping season and beat revenue forecasts for its third quarter, but net income came in below analysts’ estimates … (click to read [...]
Top Suppliers Of USPS: FedEx #1 With $1.6 Billion
Transportation contractors once again dominate the top spots in Husch-Blackwell’s annual list of the Top 150 U.S. Postal Service Suppliers. In fiscal year 2016, USPS [...]
Morgan Stanley: Reformed USPS A Threat To UPS, FedEx
New Morgan Stanley research says a more flexible USPS that comes out of postal reform would be a major threat to FedEx and UPS, especially with e-commerce shipments … [...]
FedEx Extends USPS Contract
FedEx Corp. announced that it has entered into an extension to the express air transportation contract with the United States Postal Service originally executed on April 23, [...]
BIG RISK: USPS Package Growth Relies On Three Customers
In its 10-K filing that came with its financial results for the first quarter, the USPS details two major risks to its financal health: 1) a lack of a Board of Governors and [...]
FedEx Investing In Driverless Trucks, Delivery Robots
FedEx is looking into autonomous vehicles that drive around neighborhoods and deliver packages and has invested in driverless truck technology … (click to read [...]
SendPro Shipping Tool Is UKC’s New Best Friend
United Kennel Club (UKC) needed to keep track of the status of their coveted Performance Pedigree™ certificates, which give an accurate count of the number of puppies [...]
Walgreens To Offer FedEx Dropoff and Pickup
FedEx and Walgreen Co., one of the nation’s largest drugstore chains, announced a long-term alliance agreement that will offer convenient access to FedEx dropoff and pickup [...]
FedEx, Amazon Push For Twin 33-Foot Trailers On Highways
FedEx, Amazon and other companies are banding together to push for nationwide access of twin 33-foot trailers … (click to read more) Click To See The State’s [...]
UPS, FedEx, USPS Project Record Holiday Volumes
The major carriers and USPS are projecting record holiday shipments, with double-digit increases over last year’s record-breaking performance … (click to read [...]
WARNING: Lighten-up Your Parcels Before New Year Rate Shocks
Parcel Rules: Round Up and Round Down By Jerry Hempstead, President, Hempstead Consulting In the parcel arena there are different rubrics for the rounding of pounds and the [...]
UPS, FedEx Hike Rates To Pad Profits
Motley Fool reports the annual price hikes from UPS and FedEx are to maximize profitability. The delivery companies are willing to sacrifice volume growth to make more money. [...]
FedEx CEO: Amazon Can’t Do What We Do
FedEx CEO Fred Smith discusses the reality of delivering packages and why Amazon can never be a competitor … (Click to read [...]