FedEx

By Jeff Berman · December 7, 2017
A new delivery service offering from Amazon, entitled Seller Flex, that received a lot of attention when various reports were published about it in early October could prove to be a major competitive advantage for the e-commerce bellwether in terms of how it negotiates rates with the parcel duopoly of FedEx and UPS, coupled with being able to pull data from warehouses to examine delivery times, performance standards, and costs for a transaction. That is the thesis from James Thomson, a former Amazon executive and now a partner for Buy Box Experts, an Amazon consultancy firm, and author of the book, “The Amazon Marketplace Dilemma.”
By Jeff Berman · November 7, 2017
FedEx and national drugstore chain Walgreen Co. said yesterday that they are collaborating on a FedEx package pickup and drop-off services, which are now available at more than 7,500 United States-based Walgreens stores. The companies said this announcement comes on the heels of a long-term alliance agreement announced earlier this year “to offer convenient access to FedEx pickup and drop off at thousands of Walgreens locations across the country.”
By LM Staff · October 23, 2017
Transportation and logistics bellwether FedEx said last week it has acquired Northwest Research Inc., a Salt Lake City, Utah-based inventory and research management firm. Financial terms of the transaction were not disclosed.
By Dave Sullivan, Senior Consultant for Shipware, LLC, · October 6, 2017
FedEx recently announced that they will be raising shipping rates in 2018 for FedEx Ground, FedEx Express and FedEx Freight by 4.9%. If that number sounds familiar, it should.
By Jeff Berman · September 20, 2017
First quarter net income at $596 million was down 16% annually, with earnings per share at $2.19, which is 17.4% below last year’s $2.65 and below Wall Street estimates of $3.09.
By Jeff Berman · August 4, 2017
Like its biggest competitor, UPS, did in June, FedEx yesterday rolled out a peak, or holiday season, surcharge. FedEx said that it will not apply residential Holiday Season surcharges, save for packages that need additional handling, are oversized, or unauthorized.
By Jeff Berman · August 2, 2017
Pricing and adjusting networks to meet expected volume gains are key for the duopoly.
By Jeff Berman · July 18, 2017
FedEx subsidiary TNT Express continues to deal with the pain and problems caused by the Petya technology virus, FedEx stated in a 10-K filing with the United States Securities and Exchange Commission yesterday.
By Jeff Berman · June 21, 2017
Earnings per share for the fiscal fourth quarter at $4.25 on an adjusted basis were well ahead of Wall Street estimates of $3.88 and up 22.4% annually. Revenue was up 17.2% at $15.7 billion, and operating income at $1.76 billion was up 14.3%. For Fiscal Year 2017, revenue at $60.3 billion was up 16.5%, and operating income was up 8.6% at $5.48 billion.
By Jeff Berman · April 26, 2017
UAM took its long-standing partnership with FedEx to another level, with its usage of FedEx's Freight Box, which created opportunities and efficiencies UAM was lacking with its wooden pallets and boxes. The Freight Box is essentially a pre-assembled box that comes in two sizes.
By Jeff Berman · April 14, 2017
Logistics Management Group News Editor Jeff Berman had an opportunity to speak with FedEx Freight President and CEO Mike Ducker at this week's National Shippers Strategic Transportation Council (NASSTRAC) Annual Conference. Ducker provided Berman with insights and observations on various topics, including the current state of infrastructure, the need for Twin 33-foot trailers, safety, and the economy, among other topics.
By Jeff Berman · March 23, 2017
Effective early next month, FedEx Express, a subsidiary of FedEx will roll out a new flight that connects the Liège, Belgium-based TNT European air hub to the Memphis, Tenn.-based FedEx World Hub, the company said this week.
By Jeff Berman · March 22, 2017
Earnings per share at $2.35 were up 22 percent but fell short of Wall Street estimates of $2.65. Revenue was up 14.4 percent at $15.0 billion, and operating income at $1.03 billion was up 17.2 percent.
By Jeff Berman · March 8, 2017
A Reuters report published yesterday, which explained that after losing its bid for TNT, UPS challenged the EU’s decision at the general court, which resulted in the annulment of the EU decision made yesterday, due to what it called a procedural irregularity.
By Jeff Berman · February 24, 2017
Earlier this week, FedEx and the United States Postal Service (USPS) said they have entered into an agreement to extend their air transportation contract, which was originally executed on April 23, 2013, through September 29, 2024.

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