
UPS will implement a new predictive analytics tool later this year designed to analyze details about its logistics network in order to meet the demands of e-commerce shopping and competition from FedEx and Amazon, and better manage its fleet.
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FedEx will invest two-thirds of $200 million in increased compensation for hourly team members, due to the recently enacted tax reform signed by President Donald Trump.
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Workhorse Group Inc. has announced that Colonial Routes, Inc. in Farmington, N.Y., is the first FedEx independent service provider (ISP) in the country to participate in Workhorse's new nationwide program for FedEx Ground delivery vehicles.
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UPS and FedEx have both pledged $1 million through charitable foundations in support of recovery efforts in Texas and Louisiana following the devastation from Hurricane Harvey.
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Parcel delivery and trucking company FedEx Corp. on Tuesday reported it turned its finances around dramatically in the most recent quarter as it also wrapped up its fiscal year.
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FedEx Corp. on Tuesday reported increased net earnings in its most recent quarter, but it missed Wall Street expectations.
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Parcel delivery and trucking company FedEx Corp. this week reported a net profit of $700 million for its fiscal second quarter, missing Wall Street expectations.
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FedEx Chairman and CEO Fred Smith warned that President-elect Trump's campaign promises to pull back on international trade agreements could be “catastrophic.”
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FedEx hopes to increase fuel efficiency in its vehicle fleet by 30% by 2020 by increasing the number of alternative-fuel vehicles, shifting freight trips to rail, and optimizing routing, according to the company's 2016 sustainability report.
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FedEx Express (FedEx), a subsidiary of FedEx Corp., has announced the introduction of two zero-emission all-electric Nissan e-NV200 vehicles at the Shinsuna station for Tokyo-area pickups and deliveries.
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