Parcel consultants predict significant rate increases in 2024
Parcel consultants anticipate significant rate increases of 6% to 10% in base rates and accessorials charges for 2024.
UPS is upping its rate to match its number one competitor, FedEx
UPS Ground, Air, and International services will launch the rate hike beginning on December 27th.
Growing dispute issues with pilots union force FedEx Express to hire mediator
The federal government is stepping in to help mediate labor talks between FedEx Express and Air Line Pilots Association, International (ALPA).
USPS is making big moves to keep up with its competitors UPS and FedEx
The U.S. Postmaster General Louis DeJoy is looking to transform the government agency into a major competitor with private carriers such as FedEx and UPS. But will these changes be in vain?
FedEx blames incoming “global recession” for failings, but competitors are faring fine
FedEx has given the world a wild warning of a global recession, but is that really the issue?
FedEx leadership warns of plummeting global shipping demand
They might be right. FedEx’s sales forecast was full of cost-cutting measures after Q1 profits showed poor performance.
FedEx begin cutting costs after reporting downward Q1 volume
FedEx global volume is reportedly down after the Q1 update, says President and CEO Raj Subramaniam.
Lead contractor in peak season pay dispute campaign is cut off and sued by FedEx Ground
FedEx Ground is biting back.
Things are starting to get ugly between FedEx and its independent contractors
How did it get this volatile? Well, depends on who you ask.
FedEx contractor threatens delivery halt if contract terms aren’t reached by peak season
One of FedEx Ground’s largest contractors, Spencer Patton, has publicly warned that he will cease deliveries for the company beginning on Black Friday if delivery provider contracts aren’t adjusted to fleet inflationary pressures.
FedEx Ground contractor group disappointed in shipping company’s lack of interest in collective mediation
FedEx’s President and CEO John Smith seems to have struck a nerve.
FedEx refuses talks with representatives for contractors, suggest independent review
FedEx Corporation’s ground unit chief, John Smith, released a memo last week that has upset some of its 6,000 independently run companies used for deliveries.
Sunday delivery of FedEx packages being reduced in rural areas
FedEx Corp. is reducing delivery service on Sundays now that e-commerce spending begins to slow in the post-pandemic market.
FedEx contractors band together for pay increase before peak season
FedEx Ground contractors are banding together to demand higher per-stop pay before the peak season comes around.
FedEx’s plans to incorporate 2,500 electric delivery vehicles into its fleets begins with first 150 units
The General Motors technology startup BrightDrop has sent its first 150 electric delivery vehicles to FedEx Corp. signaling the beginning of the company’s mission to decarbonize last-mile deliveries.
New CEO of FedEx prepares for June 29th shareholder meeting
Investors have been voicing concerns over China’s Covid-related lockdowns and growing labor costs for the company.
FedEx and Aurora unveil their autonomous trucking pilot lanes
Their collaboration had spanned almost six months and the new commercial lane in Texas is expected to have a successful launch.