Company
FedEx
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Holiday stress: Amazon, others under gun for 1 day delivery
New York, NY — This year, holiday stress may take on a whole new meaning for online retailers. Amazon, Walmart and others have promised to deliver more of their orders within 24 hours of customers clicking on “Buy.” The coming…
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Changing Landscape
Final-mille delivery is becoming more challenging as consumers’ expectations soar Purolator courier vans, already a ubiquitous sight on Canadian streets, are now in action seven days a week in big cities. Following trials in Vancouver, the company unveiled its ‘QuickShip’…
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FedEx acquires pair of Latin American forwarders
Memphis, TN — FedEx Corp. announced that it has agreed to acquire Cargex S.A., an international freight forwarding company with over 25 years of experience with a focus in export management of perishable goods, and Agencias de Aduanas Aduanamos S.A.…
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FedEx to end ground delivery business with Amazon
New York, NY — FedEx says it will no longer make ground deliveries for Amazon as the online shopping giant builds its own fleet and becomes more of a threat to delivery companies. The announcement Wednesday comes two months after…
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Lowe’s, FedEx collaborate on autonomous delivery robot
Mooresville, NC — Lowe’s is helping FedEx understand Lowe’s customers’ needs in an effort to bring those visions to life with same-day delivery via the FedEx SameDay Bot. FedEx is developing this technology to provide safe, efficient and environmentally friendly…
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FedEx unveils autonomous delivery robot
Memphis, TN — FedEx announced a development in cutting-edge delivery solutions to meet the rapidly changing needs of consumers — the FedEx SameDay Bot — an autonomous delivery device designed to help retailers make same-day and last-mile deliveries to their…
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Canadian sailor loses case against FedEx for lost rare coins worth as much as $38,000
Halifax, NS — A top Canadian naval officer is out 50 rare coins he valued at $38,000 with little to show for it, after a Nova Scotia small claims court found FedEx Canada not liable for the full value of…
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FedEx steps into $9B online market for delivery of large items
Memphis, TN — FedEx Corp. is testing full-service residential delivery of bulky products, a $9 billion market that couriers had left to more traditional trucking companies because large items don’t fit well in their sorting operations, according to a report…
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FedEx plans buyouts after weak international 2Q shipping
Omaha, NB — FedEx Corp. delivered a disappointing earnings report Tuesday and said it plans to offer buyouts to some of its workers and reduce spending to make up for weak international shipping, especially in Europe. The Memphis, Tennessee-based company…
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FedEx profit jumps 40 per cent on strong shipping demand
Dallas, TX — The growing economy, lower taxes and changing habits of American shoppers are helping boost profit at FedEx Corp. The delivery giant said Monday that it earned $835 million in the quarter that ended Aug. 31, a 40…
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FedEx modernizes its fleet with more 767 Freighters and 777 Freighters
Seattle, WA — Boeing announced a new order from FedEx, the world’s largest air cargo carrier, for 12 767 Freighters and 12 777 Freighters. “We are taking another positive step in our fleet modernization program as we add more efficient,…
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FedEx investing $1 billion to modernize Tennessee hub
Memphis, TN – FedEx said Wednesday that it is investing more than $1 billion to modernize and expand its Tennessee hub, in a move the shipping giant says will improve its efficiency and reliability as it delivers packages throughout the world. FedEx…