FedEx

FedEx has thrived behind the growth in e-commerce, but the problem for FDX stock is that XPO Logistics is quickly becoming a big name in the e-commerce space.

FedEx unveiled plans for a $220 million expansion of one of its principal European hubs, outside Paris, with French officials touting the expansion and a new 30-year lease as a $1.54 billion vote of confidence in France in the wake of Britain's decision to exit the European Union.

The system has increased throughput by 12%, while also reducing dimensional weight shipping costs by 66%.

Earlier this week, UPS announced it has expanded its UPS Worldwide Express Plus earliest morning package service to an additional 28 countries, as well as intending to add 200 new hybrid electric delivery trucks to its alternative fuel and advanced technology fleet.

Amazon is throwing their hat in the delivery ring, as they’ve recently began shipping some orders in Canada using their own delivery service, Amazon Logistics.

Chris Swearingen, manager of SenseAware at FedEx, gave a talk titled "How Innovations in Manufacturing and Supply Chain are Redefining Mobility and Reshaping the Globe" he spoke about the company’s “internet of things” product SenseAware and how it is driving supply chain optimization.

FedEx Corporation yesterday posted much better-than-expected fiscal Q1 earnings and raised its full-year earnings outlook, spurred by sharply higher revenues and the recent acquisition of TNT Express.

Leveraging your inbound supply chain to maximize the customer's e-commerce experience. In this white paper, the authors discuss the benefits and challenges in implementing an inbound supply chain management program, including both inbound shipments from vendors and drop shipments direct to customer strategies.

Perhaps the most significant change announced by FedEx is that fuel surcharges for FedEx Express and FedEx Ground will be adjusted on a weekly basis instead of the current process in which adjustments are made on a monthly basis with a two-month lag between U.S. government published fuel indexes and the fuel surcharges.

FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp., will increase shipping rates between 3.9% and 4.9% effective January 2, 2017.

The company said this new facility is part of the company’s nationwide network expansion plan that includes 560 distribution hubs and local pickup-and-delivery stations around the country.

As negotiations continue between Canada Post and the Canadian Union of Postal Workers, the United States Postal Service (USPS) is still monitoring a possible work disruption affecting Canada Post, noted a USPS customer alert issued on July 11.

United Parcel Service Inc., UPS, may join its rivals FedEx in offering Saturday delivery for standard ground packages, as the company adapts to surging online shopping and an increasing reliance on home-based customers.

As negotiations continue between Canada Post and the Canadian Union of Postal Workers, the United States Postal Service (USPS) is still monitoring a possible work disruption affecting Canada Post, noted a USPS customer alert issued on July 11.

Drivers for FedEx Ground Package System in 20 states will receive $240 million from FedEx to settle lawsuits that claim FedEx misclassified them as independent contractors, according to a Reuters report. Fedex Lawsuit 2016, FedEx Settlement.