From the Wall Street Journal Logistics report:
FedEx Corp. is hunkering down in the face of what it calls a trade slowdown. Continue reading
Fred Smith, founder, and CEO of FedEx told Bloomberg this morning that they don’t see any negative impact from Amazon doing more of their deliveries themselves. Smith says that the biggest entity that will lose business as Amazon implements its own delivery force is the US Postal Service:
“I don’t think it (Amazon’s split HQ announcement) has too much to do with FedEx,” said Smith. “You’ve got to remember that Amazon is delivering things from their fulfillment center to customers. We’re picking up, transporting, and delivering things from every person and business in the world to every other business. The biggest single provider of delivery services to the Amazon fulfillment network is not us, it’s the US Postal Service. They’re the ones that Amazon’s proprietary or indigenous delivery system will take the most volume from.”
“Amazon’s a good customer” Smith added. “We think they will be a bigger customer in the years to come if they continue to grow and they certainly should, but they are going to do some of their deliveries themselves for many reasons. The biggest single entity that will lose traffic as Amazon puts out its contractor delivery force is the US Postal Service.”
MEMPHIS, Tenn., November 5, 2018 — FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp. (NYSE: FDX), will increase shipping rates effective January 7, 2019. Continue reading
Memphis, TN – On September 11, 2018, a federal grand jury indicted 11 former FedEx Express employees and two former contractors for the U.S. Postal Service on federal mail theft charges. D. Michael Dunavant, U.S. Attorney for the Western District of Tennessee, announced the indictments today. Continue reading
MEMPHIS, Tenn., Sept. 12, 2018—FedEx Corp. (NYSE: FDX) has boosted its capacity and operational innovation to expand FedEx Ground U.S. operations to six days per week in response to the growing e-commerce demand and record influx of volume expected this holiday season, and beyond. Continue reading
MEMPHIS, Tenn., February 23, 2017 … FedEx Corp. today announced that its FedEx Express subsidiary has entered into an extension to the express air transportation contract with the United States Postal Service originally executed on April 23, 2013. The contract modification extends the agreement through September 29, 2024. Continue reading
MEMPHIS, Tenn. & DEERFIELD, Ill.– FedEx Corp. (NYSE: FDX) 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 services at thousands of Walgreens locations across the United States beginning within the next several months. Continue reading
POMONA, Calif. (KABC) — A man in Pomona was upset after a postal carrier was seen on surveillance video throwing a small package on his doorstep, but a surprise hero was also captured on footage.
Brian Mundy sent the video using #abc7eyewitness.
In it, you see the U.S. Postal Service carrier carelessly tossing the package. Continue reading
DERBY, Kan. (KWCH) People across Kansas are concerned because they said delivery drivers aren’t knocking on their doors or ringing the doorbell when dropping off packages.
One Derby woman said it’s happened to her twice this month.
Darla Harper said she doesn’t order online often, but she’s been disappointed by delivery companies twice this month. Continue reading
United Parcel Service Inc. and FedEx Corp. are straining to keep up with holiday shipping volumes that have blown past expectations, delaying the delivery of some of the millions of online orders shoppers have placed since Thanksgiving.
UPS has relocated hundreds of staff from its headquarters and other corporate offices to help at shipping hubs struggling to handle record demand, according to people familiar with the situation. Already in advance of the busy holiday season, both UPS and FedEx had extended delivery windows on some routes, suspended delivery guarantees and refunds for certain weeks and stopped promising to deliver express packages by a certain time in some cases. Continue reading