FedEx News & Resources
Page 1 of 32 pages.
Will recent talks between FedEx and Amazon lead to a reunion?
March 20, 2024
When Memphis-based global freight transportation and logistics services provider FedEx and global e-commerce giant Amazon ended their business relationship in 2019, one could have likely assumed, at the time, that the breakup was permanent.
GRI Impact Analysis: Getting a Handle on Parcel Costs
January 25, 2024
Group Editorial Director Michael Levans is joined by Josh Dunham, co-founder of Reveel, a parcel shipping intelligence provider, in a discussion geared to help parcel shippers get a handle on the current parcel shipping environment and the challenges it’s created.
New FedEx offering focuses on closing the gap between digital and physical for merchants
January 25, 2024
Memphis-based global freight transportation and logistics services provider FedEx rolled out a new data-driven commerce platform, which it said connects the entire customer journey. Entitled fdx, company officials explained that it provides various customer benefits, including: growing demand; increasing conversion; optimizing fulfillment; and streamlining returns.
The 2024 General Rate Increase Guide for UPS and FedEx
January 5, 2024
Reveel's shipping intelligence platform solution helps businesses navigate rate increases, fees, surcharges, changes to zone and dimension rates and other expenses helping level the playing field with UPS and FedEx.
Parcel Shipping Spend Management and Private Equity
December 27, 2023
Private equity investors can increase enterprise value of portfolio companies by reducing parcel shipping costs. Parcel shipping costs have increasingly become a major expense for businesses, especially with the rise of e-commerce through buyer preference for online shopping. Portfolio companies that rely on parcel shipping can optimize their shipping strategies, negotiate better rates with carriers, and invest in technology to improve operational efficiency. By reducing parcel shipping costs, portfolio companies can materially improve their margins and increase their profitability.
FedEx fiscal second quarter revenue is down annually
December 20, 2023
Quarterly revenue—at $22.2 billion—was down 2.6% annually, and operating income—at $1.42 billion—increased 14.8%. Net income, at $1.01 billion, topped the $820 million recorded for the same quarter a year ago. Adjusted earnings per share came in at $3.99, up 20% annually while falling short of Wall Street expectations, at $4.19.
UPS announces planned 2024 rate increases
October 18, 2023
Effective December 26, UPS said that rates for UPS Ground, UPS Air, and International services will increase by an average net 5.9%, which are in line with FedEx’s planned 2024 rate increases. For air cargo, effective December 3, UPS Air Freight rates within and between the U.S., Canada, and Puerto Rico will increase by an average net 6.3%.
Logistics services providers and shippers call out for seasonal help
September 27, 2023
A sure sign that the holiday season getting closer each day are the respective announcements made by carriers, transportation and logistics services providers, and shippers alike, announcing their “help wanted” signs have been hung, as they look for seasonal workers.
FedEx on Twitter