New Delivery Surcharges by FedEx and UPS Affecting Urban Areas
FedEx and UPS have introduced Delivery Area Surcharges (DAS) in 82 additional ZIP codes across the US, covering nearly 1% of the population.
FedEx and UPS Tackle Tough Decisions Amidst Market Shifts
In the fast-paced world of logistics, FedEx and UPS are making some big changes.
FedEx's Potential Profit Boost is From Rethinking the Postal Partnership
FedEx might actually benefit from losing its colossal contract with the U.S. Postal Service, according to Brandon Oglenski, an analyst at Barclays Bank.
Salt Lake Trucking Group Convicted of Massive Fraud Scheme Involving FedEx
Salt Lake Trucking Group (SLTG) was found guilty of fraud charges following reports by Gephardt Daily that the company received $108 million from FedEx through deceptive practices over the past ten years.
FedEx Unveils Innovative Data-Driven Commerce Platform
FedEx is set to launch a new "data-driven commerce platform" called fdx in the fall, offering comprehensive e-commerce solutions for online merchants.
UPS and FedEx Extend Demand Surcharges Despite Lower Year-Over-Year Volumes
UPS and FedEx have decided to extend their demand surcharges for additional handling and large packages, despite lower year-over-year volumes.
FedEx Expects Significant Business Loss with USPS
FedEx is anticipating a significant loss of business with the U.S. Postal Service when its current contract expires.
US CEP Market Experiences Shifts in Demand, Pricing Power, and Competition
The US Courier, Express, and Parcel (CEP) market has seen a decline in demand and a shift in consumer spending patterns, leading to decreased package deliveries.
FedEx Freight Braces for Continued Volume and Margin Pressures Through August
FedEx Freight is anticipating continued challenges in volume levels and profit margins in the next quarter, despite implementing cost-cutting measures.
FedEx Anticipates No Benefit from UPS-Teamsters Negotiations
FedEx does not expect any significant benefits from the ongoing labor negotiations between UPS and the International Brotherhood of Teamsters, according to EVP and Chief Customer Officer Brie Carere.
Challenges arise for FedEx with the integration of ground and express services
FedEx has recently announced that they will be combining their ground and express services, but this move may cause more problems than they anticipated.
FedEx preparing “dynamic pricing” for better profit during peak season
With so much loss in package volume this year, FedEx is strategizing to maximize its efforts and make as much money as possible from every single delivery.
Customers and shippers of UPS are urged to switch to FedEx to avoid potential summer delays
FedEx penned a company message to customers and shippers, warning them that there is a potential UPS employee strike underway.
Near-airplane crash in Austin, Texas last month being investigated by federal officials
In February, a FedEx cargo plane narrowly missed a Southwest Airlines jet by passing over the plane on the jetway.
FedEx pilot Union leaders approve of the upcoming vote to strike against the company
The FedEx Express pilot union, also known as the Air Line Pilots Association, International (ALPA), represents the pilots who fly for FedEx Express.
FedEx aims to save billions with its DRIVE program
The DRIVE program is focused on optimizing FedEx's pickup and delivery operations through the use of new technology and data analytics.
Sending a package? Rate increases, incoming!
Some of the largest parcel-delivery carriers in the country are raising their prices higher than in their entire history.
DHL Express's annual price hiker is greater than that of competitors UPS and FedEx
While some are concerned about UPS and FedEx shipping rate increases, it also looks like you can’t look anywhere else for lower prices.