FedEx

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.
By Jeff Berman · November 22, 2013
UPS announced yesterday that it has rolled out an average rate increase of 4.9 percent for its Ground, Air, and International parcel products that will go into effect on December 30, 2013.
By Jeff Berman · October 31, 2013
Cardinal Health executive says that this strategic alliance is simply the next phase of the relationship between the two companies, adding that with both companies already established experts in their own fields, they believe they can focus on their own strengths to continue to improve and expand services.
By Jeff Berman · October 25, 2013
Once again, transportation and logistics titans UPS and FedEx are calling for an incredibly busy holiday shopping season in the form of increased volumes, driven largely by e-commerce.
By Jeff Berman · September 27, 2013
FedEx said this service is now available to shippers from Banglagore, Chennai, Delhi, and Mumbai, adding that bringing these locations into the fold extends the reach of this service and offers shippers that export to the U.S. with more freight forwarding services.
By Jeff Berman · September 19, 2013
In its fiscal first quarter 2014 earnings conference call yesterday, FedEx executives provided an update on how the cost-reduction efforts are going.
By Jeff Berman · September 18, 2013
The Memphis-based company also said that quarterly revenue—at $11.0 billion—was up 2 percent, and operating income—at $795 million—saw a 7 percent gain. Operating margin—at 7.2 percent—moved up from 6.9 percent a year ago. FedEx reported earnings per share of $1.53, which was up 5.3 from $1.45 from last year, topping Wall Street estimates of $1.50 per share.
By Jeff Berman · July 30, 2013
Following reports from earlier this month indicating that FedEx had agreed to settle a lawsuit regarding charges that the Memphis-based company was “systemically” overcharging customers by billing business and government offices at higher residential rates, Bloomberg reported yesterday that FedEx will pay $21.5 million to settle the lawsuit.
By Jeff Berman · July 11, 2013
A Bloomberg report from earlier this week said that transportation and logistics bellwether FedEx has agreed to settle a lawsuit regarding charges that the Memphis-based company was “systemically” overcharging customers by billing business and government offices at higher residential rates.

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