FedEx Corp.’s pains are far from over. Expectations from its upcoming fiscal fourth-quarter results already have hit rock bottom, and now analysts say its entanglement in the prolonged U.S.-China trade war may dampen the outlook for the next year as well.
June 20, 2019FedEx News Updates
FedEx May See Lackluster Results Lingering Into Next Year
Amazon’s Foray Into Last-Mile Delivery Could Disrupt E-Commerce Sector
Amazon, the e-retail giant, has built up its logistics infrastructure over the years. This expansion includes a new warehouse just outside Omaha, Neb., as part of an effort to control more deliveries on its own rather than relying on FedEx Corp., UPS Inc. or the U.S. Postal Service.
June 17, 2019FedEx Won’t Renew Amazon’s US Air-Delivery Contracts
FedEx Corp. said June 7 it wouldn’t renew its U.S. air-delivery contract with Amazon.com, paring a key customer relationship as the largest online retailer deepens its foray into freight transportation.
June 7, 2019FedEx Drivers Dominate at Vermont and New Hampshire Truck Driving Championships
The petite states of Vermont and New Hampshire successfully hosted 56 drivers at the combined State Truck Driving Championships in Pembroke, N.H., June 1. Vermont had 18 competitors and New Hampshire had 38.
June 6, 2019FedEx Shares Slide as China Opens Probe Over Huawei Deliveries
FedEx Corp. shares dropped as investors assessed the impact of a Chinese probe that puts the delivery company in the middle of an escalating trade conflict with the U.S.
June 3, 2019FedEx Ground to Deliver Seven Days a Week to Satisfy Online Shoppers
FedEx Corp. announced the FedEx Ground unit will offer deliveries seven days a week for the majority of the U.S. population beginning in January to further serve the fast-growing e-commerce market.
May 30, 2019FedEx Practice of Diverting Delivery of Huawei Parcels Called a Political Ploy
FedEx Corp.’s reported practice of rerouting Huawei parcels to the United States without the Chinese company’s authorization demonstrates that the U.S. government is leaving no stone unturned to disrupt normal business activities, analysts said May 28.
May 29, 2019Mississippi Driver Scott Osborne Takes Gold, Again
The veterans took center stage at Mississippi’s Truck Driving Championships on April 26-27. Reigning Grand Champion Scott Osborne of FedEx Freight repeated his victory this year, scoring 300 points in the Flatbed division.
May 3, 2019FedEx, UPS Strive to Automate Loading and Unloading Trucks
As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they’ve been stumped at a crucial stage: loading and unloading trucks.
May 3, 2019FedEx Earnings Take a Hit as International Shipping Slows
FedEx Corp. reported higher revenue but lower profits in the third quarter of fiscal 2019 and cut its earnings forecast for the remainder of the year.
March 19, 2019Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics