FedEx

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.
By Jeff Berman · February 7, 2017
Company officials described FedEx Fulfillment as an e-commerce service that helps small and medium-sized retail shippers fulfill orders from multiple channels like Websites and online marketplaces, as well as manage inventory for retail stores.
By Jeff Berman · January 9, 2017
Although only a few more days remain until Donald Trump is sworn in as the 45th President of the United States, there have been more than a few days since the election to ponder what happens next, when Trump’s campaign rhetoric and subsequently since the election Twitter speak, take up permanent resident in the oval office.
By Jeff Berman · December 21, 2016
Quarterly revenue at $14.93 billion was up 16.6 percent annually, operating income at $1.167 billion was up 2.6 percent, and net income at $700 million was up 1.3 percent. Earnings per share at $2.80 were up 7.9 percent annually but did not meet Wall Street expectations of $2.91 per share.
By Jeff Berman · December 13, 2016
A report in the Wall Street Journal suggests that the uptick in e-commerce may be taking its toll to a degree, with the companies “straining to keep up with holiday shipping volumes that have blown past expectations, delaying the delivery of some of the millions of online orders shoppers have placed since Thanksgiving.”
By Jeff Berman · November 22, 2016
After announcing rate increases for various service offerings in early September, global transportation and logistics bellwether UPS recently announced additional pricing hikes on its website late last week.

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From the August 2017 Modern Materials Handling Issue
For all the advances in lift truck technology and fleet management, operators will always be the heart and soul of a fleet. As manufacturers and equipment purchasers place more value on that piece, the role of the operator extends from design to daily use.
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