The Pittsburgh reverse logistics provider processes more than 600 million return items annually, generating $1.6 billion in sales. More: continued here
Read More »FedEx, UPS and Postal Service scramble to cope with peak holiday shipping days
Inside FedEx Corp.'s sorting facility, mechanical arms whir within a labyrinth of buzzing blue and yellow machinery. Cardboard boxes drop onto a conveyor belt with a thud, zipping down the line to be sorted before making it to shoppers' doorsteps for the holidays. More: continued here
Read More »FedEx Earnings Preview: E-Commerce Growth Will Continue To Drive Ground Segment
For the second quarter, we expect to see continued growth at FedEx's Ground segment driven by e-commerce volume growth, partially offset by loss of volumes from one customer for FedEx's SmartPost service. Declining fuel prices will likely impact the company's top line and margins. More: continued here
Read More »FedEx to Expand Global Portfolio of Solutions with Acquisition of GENCO
FedEx Corp. announced today that the company signed an agreement to acquire GENCO, one of the largest third-party logistics providers in North America. With a comprehens More: continued here
Read More »FedEx embarks on its biggest shipping day in history
INDIANAPOLIS (WISH) – Monday was projected to be Fed Ex’s biggest shipping date in history. It’s also the busiest day of the year for the United States Post Office. Something both are seeing a huge boost in, are packages due to a growing e-commerce. More: continued here
Read More »FedEx Agrees to Buy Product-Return Firm Genco in E-Commerce Push
FedEx Corp. (FDX) agreed to buy closely held logistics firm Genco, a specialist in handling product returns, as e-commerce operations expand at the operator of the world’s largest cargo airline. More: continued here
Read More »FedEx prepares for its busiest shipping day
The company expected to handle 22.6 million packages Monday alone. More: continued here
Read More »FedEx truck wrecks, spills items in NJ
A FedEx truck overturned in New Jersey on Monday, spilling packages on to a roadway. More: continued here
Read More »FedEx Ready For Record Setting Day
The Christmas countdown is officially on. Monday is a huge day for shipping companies like FedEx. More: continued here
Read More »FedEx truck overturns on highway, spills packages
A FedEx truck has overturned in northern New Jersey, spilling dozens of packages on what is typically the delivery company's busiest day of the year. More: continued here
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