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Amazon's Low-Cost Shipping Push Raises the Stakes for UPS and FedEx

Amazon's low-cost delivery expansion could intensify competition as overnight shipping may be added in the future.

FedEx has launched a life sciences division, building on its healthcare logistics infrastructure to provide more end-to-end services. The post New FedEx life sciences unit integrates healthcare logistics capabilities appeared first on FreightWaves.

Fewer surcharges are among the tactics the service is using to gain market share after opening to all businesses earlier this year, experts said.

FedEx's steady expansion stands in sharp contrast to UPS's quarterly volatility — and the gap is widening.

CMA CGM is buying FedEx Supply Chain for $1.4B, sharply expanding CEVA Logistics' North American warehouse and distribution footprint.

FedEx is guiding for a major profit acceleration, but on its latest earnings call, analysts pressed hard on whether the growth is real or just a story of well-timed costs.

Enhancements to the carrier’s sales workforce and tech are positioning the business for revenue growth in H2.

FedEx is selling FedEx Supply Chain to shipping giant CMA CGM for $1.4 billion, narrowing its focus to premium B2B shipping, logistics, and freight moves.

CMA CGM expands North American logistics while FedEx sharpens focus on its core parcel business.

Patrick Moebel, who spent years running FedEx Logistics and Geodis’s North American business, was named CEO of Ceva Logistics on Wednesday. The post CMA CGM hires FedEx executive Moebel to lead Ceva Logistics appeared first on FreightWaves.

The sale of FedEx Supply Chain nearly triples Ceva Logistics' North American contract logistics footprint while sharpening FedEx's focus on parcel delivery.

Investing.com -- Goldman Sachs initiated coverage of FedEx Freight Holding with a Buy rating and a $186 price target, implying roughly 23% upside from current levels, citing the newly independent less-than-truckload carrier’s potential to improve profitability, pricing power and cash generation following its spin-off from FedEx.

FedEx (FDX) has agreed to sell its supply chain subsidiary to French shipping and logistics firm CMA

French container shipping company CMA CGM Group said Wednesday it will buy FedEx Supply Chain, the third-party logistics subsidiary of FedEx for $1.4 billion, as it works to expand in the U.S. CMA CGM Group said the acquisition will triple the size of its own logistics arm, CEVA Logistics and help build its presence as a contract logistics provider in North America. In 2025, CMA CGM pledged to invest $20 billion in its U.S. warehousing, air cargo and logistics over four years.

Investing.com -- French shipping giant CMA CGM has agreed to acquire FedEx's third-party logistics business for an enterprise value of $1.4 billion in cash, the company confirmed Wednesday, July 1, stripping FedEx of its largest warehousing and contract logistics operation in a deal that extends a sweeping restructuring of the U.S. package delivery giant.

The deal would nearly triple the size of CEVA Logistics' North American contract logistics operations and includes multiyear air and ocean freight agreements

FedEx is selling off its supply chain services division to CMA CGM, which will fold the business into its Ceva Logistics subsidiary. The post FedEx sells supply chain unit to CMA CGM for $1.4B appeared first on FreightWaves.

CMA CGM will offer ocean transport and carrier services under a nonexclusive agreement with FedEx and the companies will also work together on select air-cargo capacity solutions.

Once the deal for FedEx Supply Chain is complete, the two companies also plan to solidify multiyear ocean and air freight agreements.

French container shipping group CMA CGM is nearing a deal to buy FedEx’s third-party logistics business for $1.4bn in cash, further strengthening...

FedEx will be closing its local shipping center at 2200 Ragu Drive next month. According to David Westrick, a FedEx spokesman, the facility will be closing permanently on Aug. 29. Westrick said he could not provide any specific details about the number of employees that will be affected or how this will affect local FedEx shipping services. Local customers have already started receiving emails ...

After grounding its entire MD-11 fleet in November, the carrier began reintroducing the aircraft in May, CEO Raj Subramaniam said.

The revisions trend for full-year 2026 is even more positive than for Q2, with estimates for 11 of the 16 Zacks sectors going up since the start of March.

The revisions trend for full-year 2026 is even more positive than for Q2, with estimates for 11 of the 16 Zacks sectors going up since the start of March.

Operating income fell nearly 67% in the fourth quarter, weighed down by $205 million in spinoff costs, though revenue rose 4.8%

Shipping companies are at the forefront of efforts to both seek payback from the government for tariffs illegally collected under the International Emergency Powers Act and pass on the money to customers.

The LTL carrier has its sights set on gaining market share in the healthcare, grocery and technology markets as an independent company.

FedEx Freight expects profit margin to grow by more than 9% in the back half of the year, up more than a point from last year’s growth. The post FedEx Freight forecasts growth as standalone company appeared first on FreightWaves.

FedEx Freight which spun off from FedEx on June 1, beat analyst expectations for revenue in its first earnings report as a standalone company. Its fourth-quarter revenue came in at $2.4 billion, ahead of analyst estimates just shy of $2.3 billion. FedEx Freight focuses on less-than-truckload (LTL) deliveries to industrial customers that don’t need a full truck to send items short distances.