By Jeff Berman ·
January 26, 2022
Entitled FedEx International Priority, company officials said that this service provides AMEA shippers with the flexibility to schedule delivery by 10:30 AM to select global destinations. And FedEx added that with FedEx International Priority, the company now provides a wider range of time-definite international shipping options for customers.
By Jeff Berman ·
January 17, 2022
Late last year, FedEx Logistics, a subsidiary of global freight transportation and logistics services provider FedEx, said its FedEx Trade Networks unit, which provides air and ocean freight forwarding, customs brokerage, and value-added services, was integrating the WiseTech Global’s CargoWise digital platform into its global ocean and air transportation network. LM Group News Editor Jeff Berman recently caught up with FedEx Trade Networks President Patrick Moebel to learn more about this integration with WiseTech and other aspects of the global supply chain and logistics sectors,
By Jeff Berman ·
January 5, 2022
While the rush of holiday gifts appears to have made it to their final destinations to end 2021 through myriad delivery networks, amid some unique challenges, 2022 has kicked off with its own new set of challenges, ones with familiar themes—winter storms on both U.S. coasts and the ongoing COVID-19 pandemic, specifically the Omicron variant—which are both creating issues for freight transportation and logistics services providers and shippers alike.
By Patrick Burnson ·
January 3, 2022
Air rates are feeling even more upward pressure than usual from reduced passenger jet capacity—which could be made worse by omicron fears—and congestion due to labor shortages among overwhelmed ground crews.
By FedEx ·
December 20, 2021
FedEx and General Motors’ BrightDrop reach major milestone in effort to electrify last-mile deliveries. FedEx Receives First All-Electric, Zero-Tailpipe Emissions Delivery Vehicles from BrightDrop.
By Jeff Berman ·
December 17, 2021
Quarterly revenue—at $23.5 billion—was up 14% annually, and operating income—at $1.6 billion—rose 9% annually. Diluted earnings per share—at $4.83—were flat, exceeding of Wall Street expectations of $4.28.
By Jeff Berman ·
December 14, 2021
Data recently issued by ShipMatrix, a subsidiary of Pittsburgh-based SJ Consulting showed varied on-time performance (OTP) ranges, for weeks 47 through 49 of 2021 and including Thanksgiving and Cyber Monday, from November 14-December 4), for major parcel carriers, including UPS, FedEx, and the United States Postal Service (USPS).
By Jeff Berman ·
October 28, 2021
This data is based on millions of packages shipped via UPS, FedEx, and USPS.
By Jeff Berman ·
October 14, 2021
While the parcel duopoly of UPS and FedEx remains alive and well, at a time when e-commerce activity continues to see no signs of slowing down, that, by no means, suggests that the smaller regional small package delivery carriers have been left out in the cold. In fact, the regional carriers are starting to take a bigger seat at the table. That was made clear, with Vienna, Va.-based LaserShip, the largest regional e-commerce parcel carrier and last-mile delivery services provider, and Chandler, Ariz.-based regional shipping services provider OnTrac, announcing they have entered into a definitive agreement to merge.
By Jeff Berman ·
October 13, 2021
As the global supply chain continues to struggle on various fronts, due to issues such as port congestion, equipment shortages, and labor availability, among a whole host of others, the White House today met with United States-based business leaders, port leaders, and union leaders to focus on the challenges U.S.-based ports are facing, in addition to what each stakeholder group can do address various supply chain issues.
By Jeff Berman ·
October 4, 2021
2022, and it added that some optional services and surcharges will also head up. Specific details, regarding the pending rate hike, were not made available, with the company saying that a guide to the 2022 rates will be published when it is made available.
By Jeff Berman ·
September 23, 2021
Data recently provided to LM by ShipMatrix, a subsidiary of Pittsburgh-based SJ Consulting showed somewhat mixed on--time performance (OTP) ranges, in July and August, for major parcel carriers, including UPS, FedEx, and the United States Postal Service (USPS).
By Jeff Berman ·
September 22, 2021
Quarterly revenue—at $22 billion—saw a 14% annual increase, and operating income—at $1.398 billion—slipped 12% annually. Diluted earnings per share—at $4.09—were off 13%, falling short of Wall Street expectations of $4.89.
By Jeff Berman ·
August 18, 2021
Memphis-based global freight transportation and logistics services provider FedEx recently announced new peak surcharges and fees for its U.S. Express and Ground services and Ground International.
By Jeff Berman ·
July 29, 2021
Data recently provided to LM by ShipMatrix, a subsidiary of Pittsburgh-based SJ Consulting, pointed to mixed on-time performance (OTP) ranges, in June, for major parcel carriers, including UPS, FedEx, and the United States Postal Service (USPS).