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For decades, FedEx built out one of the country's largest delivery networks as Americans sent and ordered more packages. Now the delivery giant is rebuilding parts of that network from the inside out. Facilities that once operated separately are being combined, routes have been redesigned, and some ...
FedEx founder Fred Smith was memorialized with the renaming of Memphis airport in his name and the ceremony included the arrival of a FedEx Boeing 777 freighter painted with a throwback brand design. The post FedEx 777 in retro livery lands at Memphis airport renamed for Fred Smith appeared first on FreightWaves.
Flock Safety plans to establish new guardrails for its technology following backlash over allegations that its automated license plate readers are being misused and enabling mass surveillance.
More than 500 people have lost jobs at FedEx, Staples and LAZ Parking; two facilities in Palm Springs and Victorville will close.
Nike benefits from nearly $1 billion in tariff refunds, while FedEx plans to return its $800 million refund to customers.
Shippers including FedEx and UPS that acted as customs brokers for imported packages and received tariff refunds from the U.S. government have started to pass on those refunds to the customers that originally paid the tariffs. The refunds to consumers are the last step in a monthslong process that kicked off in February when the Supreme Court struck down sweeping tariffs implemented by President Donald Trumpin March 2025 under the 1977 International Emergency Economic Powers Act on goods from almost every country. The court ordered the government to return the tariffs it collected.
Apple, Nike and FedEx are just some of the companies that are recovering big sums relatively quickly.
A city council bill backed by the mayor would require big delivery operators to directly employ couriers instead of relying on subcontractors.
UPS’s next contract with the Teamsters union in two years will determine its own fate in parcel delivery and create monumental change at Amazon, FedEx, the U.S. Postal Service, Walmart and other couriers, according to an industry expert. The post Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami appeared first on FreightWaves.
FedEx has deployed trailer loading systems at a Maryland hub, while Amazon aims to double its robotic arms fleet this year amid an industry push for automation.
When a facility closes, a FedEx sorter collecting early Social Security discovers that the payment covering his moving costs and the one ending his job can trigger opposite reactions from the agency, and the smaller check may be the one that costs him benefits.
Moby summary of Global Net Lease, Inc.'s Q2 2026 earnings call
The Supreme Court forced Washington to return over a hundred billion dollars in tariff money, but Treasury Secretary Scott Bessent made a bold prediction about where that cash would actually land. Six months later, the numbers are in.
FlavorCloud CEO Rathna Sharad says recovering IEEPA tariff payments becomes far more complicated for importers using smaller global carriers.
XPO (NYSE:XPO) reported record second-quarter results, led by growth in its North American less-than-truckload business, higher pricing and productivity gains from technology initiatives. The company said it expects further margin improvement, faster free-cash-flow growth and continued volume moment
Consumers now expect free delivery in 2.6 days, down from 3.4. Meeting that promise pushed more than half of retailers past FedEx, UPS and the Postal Service. The post Carrier diversification unravels the last-mile delivery duopoly appeared first on FreightWaves.
The carrier's holiday surcharges, which apply across various shipping services, will be higher than they were last year.
Jim Cramer is steering investors away from NASDAQ and toward industrial blue chips, but one of his top picks fell nearly eight dollars even after landing what he called a ridiculous, record-breaking order. Here is why he still thinks the setup is worth it.
With customers facing elevated fees and seeking discounts, Amazon’s delivery services could impact market pricing in the long term, per the TD Cowen/AFS Freight Index.
FedEx is adding a new import fee for the European Union and increasing delivery and pickup surcharges for more than 200 zip codes, as it continues to squeeze customers for revenue by means other than general rate increases. The post FedEx spreads shipping fees to EU, more zip codes appeared first on FreightWaves.
The FedEx CEO built a legendary career by saying yes to every opportunity that crossed his path. At 63, that same instinct could quietly wreck the one retirement move you cannot undo.
Raj Subramaniam became the second-ever CEO of FedEx by taking every opportunity thrown his way—including his roommate’s job interview.
American Airlines’ board of directors has elected former FedEx and Atlas Air executive as its newest member. The post Former FedEx CFO John Dietrich joins American Airlines board appeared first on FreightWaves.
Investing.com -- Citizens initiated coverage of the Transportation, Logistics & Services group with twenty-two names, naming FedEx among its top large-cap picks alongside FTAI Aviation, Union Pacific and C.H. Robinson, according to a note from analyst Jeff Kauffman.
Pre-Market Stock Futures: Futures are trading higher after a nice bounce-back day for Wall Street, as a tepid June consumer price index report, combined with the President dropping the big Strait of Hormuz tolls, brought buyers back to the table. When the final bell rang, all of the major indices finished the day higher. The ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS
FedEx (FDX) and UPS spent half a century as the only two names that mattered in American package delivery. They built the aircraft fleets, sorting hubs and delivery routes that turned next-day shipping into a routine promise. The company that once filled those planes and trucks with its own ...
The top 25 of companies in the sector generate $502.2 billion in market capitalization.