FedEx Corp. plans to add a new surcharge for its largest customers, citing higher pandemic-related costs and indicating that robust demand continues to give couriers considerable power to dictate prices.
January 15, 2021FedEx News Updates
FedEx Adds New Fee for Big Shippers, Fueled by E-Commerce
FedEx Reports Record FY Q2 Net Sales of $20.5 Billion
The global surge in e-commerce brought on by the coronavirus pandemic combined with online holiday shopping sent net quarterly sales for FedEx Corp. above $20 billion for the first time in its history, and led to an increase in net income as well, the company reported Dec. 17.
December 17, 2020UPS, FedEx Trucks Begin Vaccine Shipments
KALAMAZOO, Mich. 鈥 The first shipments of a COVID-19 vaccine for widespread use in the United States headed Dec. 13 from Michigan to distribution centers across the country, with the first shots expected to be given in the coming week to health care workers and at nursing homes.
December 13, 2020FedEx to Buy ShopRunner in E-Commerce Push
FedEx Corp. has agreed to acquire ShopRunner, an e-commerce service that provides shipping for more than 100 brands, as the courier seeks to deepen its ties with online shoppers.
December 2, 2020North America鈥檚 Busiest Cargo Airports
While it remains to be seen how the pandemic might shift air freight patterns over the long term, this listing of the 100 busiest cargo airports in North America provides an overview of the most important hubs for air freight.
November 13, 2020UPS, FedEx Face Stress Test From Amazon鈥檚 鈥楥hristmas Creep鈥
FedEx Corp. and UPS Inc. are girding for their biggest test yet in the e-commerce era, with 鈥淐hristmas Creep鈥 pushing the holiday shopping season ever earlier and stretching the limits of shipping networks already strained by the COVID-19 pandemic.
November 13, 2020FedEx in Partnership to Use Facilities as Cloud Service Hubs
Dell Technologies Inc., FedEx Corp. and Switch Inc. are building a U.S. network of data centers, offering businesses an alternative to maintaining their own server farms or using major cloud providers such as Amazon .com Inc. and Microsoft Corp.
November 12, 2020FedEx Vows to Avoid Transport Bottlenecks When Vaccines Are Ready
FedEx Corp. is pledging to avoid transportation logjams when a massive operation begins to deliver a coronavirus vaccine.
November 2, 2020Heroes Among Heroes: Three Truckers Honored for Selflessness During Pandemic
Three members of the trucking industry who demonstrated courage and selflessness during the early days of the coronavirus pandemic were honored by Transport Topics during American Trucking Associations鈥 Management Conference & Exhibition. See the video.
October 27, 2020FedEx Seeks to Add Small Self-Flying Planes for Remote Areas
FedEx Corp. is looking at using small self-flying cargo planes to serve remote areas after experimenting with a technology startup on autonomous aircraft, CEO Fred Smith said.
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