FedEx

By Jeff Berman · December 17, 2014
Memphis-based FedEx reported solid fiscal second quarter earnings results today. Quarterly net income of $616 million was up 23 percent annually, and revenue, at $11.9 billion, was up 5 percent. Operating income at $1.01 billion was up 22 percent.
By Jeff Berman · December 16, 2014
With an eye on further expansion of its e-commerce business and related reverse logistics processes, transportation and logistics bellwether FedEx last night announced it has inked an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics.
By Bob Trebilcock · December 1, 2014
The yoga wear retailer’s new multichannel DC is speeding up time to market, streamlining e-commerce processes and reducing freight costs. Flexible automation is the key.
By Bob Trebilcock · December 1, 2014
WMS, lights, voice and conveyors bring a new level of efficiency to lululemon athletica’s Ohio distribution center.
By Jeff Berman · November 10, 2014
In an effort to meet anticipated holiday season demand in the form of double-digit volume growth, the United States Postal Service (USPS) last week said that it plans to deliver packages seven days per week in major cities and volume areas, effective November 17 through Christmas Day, December 25.
By Jeff Berman · October 29, 2014
Earlier this week, FedEx said it is expanding its International First service for early deliveries with the addition of 31 new origin countries, which will bring the total number of origin markets for the service to 97.
By Jeff Berman · September 17, 2014
The Memphis-based company reported today that quarterly net income of $606 million was up 24 percent annually, and revenue, at $11.7 billion, was up 6 percent. Operating income at $987 million was up 24 percent.
By Patrick Burnson · August 27, 2014
FedEx Ground, a subsidiary of FedEx Corporation, reports today that a decision by a three-judge panel of the United States Court of Appeals for the Ninth Circuit reversed previous rulings by the District Court for the Northern District of Indiana in three class action cases involving mostly former independent contractors for FedEx Ground
By Jeff Berman · August 14, 2014
In recent years, transportation and logistics titans UPS and FedEx have only been able to provide domestic delivery service in China on a limited basis. But a Reuters report is signaling that is changing, saying that both companies now have obtained licenses from the Chinese government to extend domestic express package services to Beijing and other Chinese cities and not have to rely on joint-venture partners to deliver packages within China.
By Jeff Berman · June 4, 2014
When FedEx announced pricing changes for its FedEx Ground services last month, many industry observers made quick note of the fact that it was a game changer, or at least has the potential to be although not necessarily for the better for shippers.
By Jeff Berman · May 6, 2014
A recent Wall Street Journal (WSJ) article noted that Amazon is testing its own delivery network for “last-mile” services in San Francisco, with plans to do the same in Los Angeles and New York.
By Patrick Burnson · April 23, 2014
Over $2 billion dollars in carrier overcharges go uncollected each year as shippers do not have the time or resources to collect refunds.
By Bob Trebilcock · January 3, 2014
When it comes to e-fulfillment, it's not enough to pick and pack the order. We need to remember that the process isn't complete until the customer gets the order.
By Jeff Berman · December 18, 2013
The Memphis-based transportation and logistics bellwether also reported that quarterly revenue of $11.4 billion was up 3 percent from last year’s $11.1 billion, and operating income at $827 million was up 15 percent from $718 million.
By Jeff Berman · December 4, 2013
LM Group News Editor Jeff Berman recently spoke with Bill Logue, president and CEO of FedEx Freight, the less-than-truckload subsidiary of FedEx, at the NITL/IANA Transcomp event in Houston about various industry topics, including rates, regulation, and infrastructure, among others.

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