There are 38 article(s) tagged shipping industry:

• September 2019

  • FedEx looks to hire 3,250 in Memphis for peak

    FedEx is adding 3,250 workers in the Memphis area to help it handle a surge in package volume between Thanksgiving and Christmas.

    By Wayne Risher September 28, 2019

  • FedEx doesn’t dwell on past in annual shareholder meeting

    FedEx shareholders returned 12 directors to the board, endorsed company plans for named executive officer compensation and shot down two proposals from dissident stockholders during the company's annual meeting in Memphis Monday.

    By Wayne Risher September 23, 2019

  • FedEx says profits could rebound by 2021 if economy holds steady

    FedEx believes it is on track to "easily" grow earnings per share 10%-15% by 2021, though the global economy is a major wild card in forecasting future results.

    By Wayne Risher September 19, 2019

  • FedEx sets 2020 rates, holds line on residential surcharges for peak season

    FedEx announced 2020 shipping rates Monday, Sept. 16, and said it would not impose an additional residential delivery surcharge for the third consecutive holiday peak season. 

    By Wayne Risher September 16, 2019

  • Roxo the FedEx robot meets, greets at City Hall

    FedEx SameDay Bot Roxo delivered a gift bag of swag to Memphis Mayor Jim Strickland as FedEx marked the midpoint of a two-week test of the autonomous delivery device.

    By Wayne Risher September 05, 2019

• July 2019

  • Former FedEx insider says separate operations don’t make sense

    Analysts and a shipping industry consultant dissect FedEx Corp.'s longtime mantra of "operate independently, compete collectively" in view of flagship FedEx Express unit's recent difficulties.

    By Wayne Risher July 08, 2019

• June 2019

  • Fred Smith: ‘Stay tuned’ for FedEx’s next move in e-commerce surge

    Despite FedEx's forecast for a decline in adjusted earnings in fiscal 2020, the company is bullish on prospects for ultimately becoming America's go-to shipping company for e-commerce. 

    By Wayne Risher June 26, 2019

  • FedEx predicts continued challenges in fiscal 2020

    FedEx Corp. earnings for the fourth quarter and year ending May 31, 2019, exceeded analysts’ expectations, but the company warned it expects continued challenges, particularly in international business.

    By Wayne Risher June 25, 2019

• April 2019

  • Amazon Prime One-Day: Will it hurt or help FedEx?

    Amazon says it will roll out one-day delivery as the standard for Amazon Prime customers over multiple quarters, and that it will need help from 'external transportation partners.' 

    By Wayne Risher April 26, 2019

  • FedEx touts economic, social, environmental impacts in Citizenship Report

    FedEx by the numbers: 2019 Global Citizenship Report takes a deep dive into FedEx's workforce makeup, energy consumption, charitable programs and financials.

    By Wayne Risher April 20, 2019

  • Amazon not exactly nipping at FedEx’s heels, but growing delivery network

    Amazon is making a bigger move into air cargo and building its capability to pick up from sellers and deliver directly to customers. But FedEx says it isn't worried.

    By Wayne Risher April 15, 2019

• March 2019

  • Fantastical? Armchair exercise mulls Amazon-FedEx combo despite long odds

    Under the heading of "food for thought," analysts at one firm have pondered the what-ifs of an unlikely combination of Amazon and FedEx and suggested it would be a winner.

    By Wayne Risher March 02, 2019

• December 2018

  • FedEx stretches shipping deadlines to hit e-commerce sweet spot

    FedEx has rolled out a new shipping option for online retailers that caters to a consumer preference for evening shopping.

    By Wayne Risher December 18, 2018