FedEx
FedEx Eliminates 856 Jobs as Logistics Layoffs Spread Across Sector
As the courier already was in the midst of trimming its distribution footprint, it will close another…
FAA’s MD-11 Grounding Pushes Western Global Airlines to Furlough Pilots
Following a fatal UPS plane crash, the order left smaller air cargo airline Western Global exposed as UPS and…
FedEx Fuels Harbinger’s $160M Raise While Einride Goes Public in New Wave of Electric Trucking Bets
The electric investments come as freight demand softens and trucking orders have lagged across the board in…
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DHL Profits Rise Despite 32% US-Bound Air Freight Volume Drop
FedEx shares also climb on upbeat earnings outlook, signaling some resilience across global couriers ahead of…
FAA Grounds All MD-11 Planes After Fatal UPS Crash
The sweeping order follows a Louisville disaster that killed 14. UPS and FedEx suspended use of the aircraft…
FAA Orders Nationwide Flight Reductions, Testing Air Cargo Networks
Logistics firms including FedEx, UPS and DHL brace for potential delays as federal staff shortages deepen and…
Freight Recession Drags On: Trucking Volumes Slide Again Despite Capacity Exits
Carriers including XPO, Old Dominion, FedEx Freight and TFI report drops in tonnage as soft demand prolongs a…
Experts Say Added Costs From FedEx, UPS Will Drive Up Parcel Costs Through Remainder of 2025
The TD Cowen/AFS Freight Index shows shippers are likely to pay more to move goods during the holiday season.
FedEx Expects $1B Tariff Hit as China-to-US Demand Slumps, Domestic Growth Cushions Blow
The courier expects low-to-moderate average daily volume growth during the holiday season, driven by large…
Shuffle Board: Poshmark CEO Transitions, Ex-Netflix Vet to Turnaround Funko
Poshmark co-founder and CEO Manish Chandra's strategic transition to the board of directors while Funko names…
Shuffleboard: Lego Legend Nominated to Nike Board
Jørgen Vig Knudstorp reportedly orchestrated Lego's 600 percent gain in 2016. Nike just nominated him for…
FedEx Faces $170M in Tariff Headwinds as US Cracks Down on De Minimis
China-to-U.S. volumes "deteriorated sharply" in early May in a blow to the courier's most profitable…
Amazon and FedEx Continue to Up Their Game on AI-Enabled Logistics Robots
Amazon announced it has opened an AI-enabled fulfillment center in Massachusetts; FedEx is using AI-powered…
FedEx Pilots Picket Over Prolonged Contract Stalemate
The Air Line Pilots Association is unhappy no progress has been made in contract negotiations despite FedEx's…
FedEx Plans More Than 300 Layoffs At Texas Facility
The logistics giant said impacted workers may be offered other positions with the company.