There are 44 article(s) tagged e-commerce:

• December 2022

  • New service from FedEx designed to streamline high-volume returns

    The new service from FedEx will expand on the Memphis-based company’s recent efforts to streamline return shipping.

    By Rob Moore December 12, 2022

• December 2020

  • ShopRunner brings e-commerce in-house at FedEx

    FedEx said Monday, Dec. 28, it had closed on the acquisition of ShopRunner, a membership-based online shopping platform. A purchase price wasn’t disclosed.

    By Wayne Risher December 30, 2020

  • FedEx navigates COVID, peak volumes

    Peak preparation expenses cost more and took longer to get set due to more restrictions and safety considerations surrounding COVID-19, FedEx Ground’s president and CEO said. 

    By Wayne Risher December 21, 2020

  • E-commerce, international rebound fuel ‘strong’ FedEx growth

    Memphis-based FedEx Corp. reported strong second quarter earnings on Thursday, Dec. 17, but withheld guidance for the full year.

    By Wayne Risher December 18, 2020

  • FedEx stock price breaks $300 ceiling

    FedEx shares closed above $300 for the first time in the company’s history on Tuesday Dec. 8, after falling as low as $88.68 in mid-March.

    By Wayne Risher December 08, 2020

  • International Paper to spin off printing paper, double down on packaging

    Memphis-based International Paper said Thursday, Dec. 3, it would spin off its printing papers segment and concentrate on growing corrugated packaging, an essential component of e-commerce.

    By Wayne Risher December 03, 2020

  • FedEx to buy online shopping platform

    The addition continues FedEx’s strategy of serving businesses that compete with e-commerce giant Amazon.

    By Wayne Risher December 02, 2020

• November 2020

  • FedEx kicks into high gear as peak season arrives

    FedEx was expected to handle about 26 million shipments on Cyber Monday, Nov. 30, and more than 24 million shipments a day on Dec. 1, Dec. 7 and Dec. 14. 

    By Wayne Risher November 30, 2020

• October 2020

  • Sunday delivery, more efficient networks key FedEx peak plan

    Henry Maier, president and chief executive officer of Pittsburgh-based FedEx Ground, talks about the COVID-19 package surge and preparations for upcoming holiday peak season during interview with The Daily Memphian.

    By Wayne Risher October 21, 2020

• September 2020

  • FedEx primed for growth through 2021

    If current trends continue, FedEx expects to have the cash to restore annual incentive compensation bonuses last paid in 2018 as well as funding an hourly incentive plan.

    By Wayne Risher September 21, 2020

  • FedEx plans for twin peaks, plus vaccine distribution

    Memphis-based FedEx Corp. reported strong first quarter results on Tuesday, Sept. 15, and says it is prepared for COVID-19 vaccine distribution and an expected record peak shipping season.

    By Wayne Risher September 15, 2020

• August 2020

  • Williams-Sonoma hiring 200 now, maybe 3,000 for peak

    Williams-Sonoma is hiring 200 for Memphis area distribution facilities and says it could need to add as many as 3,000 seasonal workers for the 2020 peak.

    By The Daily Memphian Staff August 17, 2020

  • FedEx shares rebound amid e-commerce boom, airlift shortage

    FedEx shares have shot up over $200 in recent trading after languishing below $150 a share earlier this summer. Supply and demand is driving the growth.

    By Wayne Risher August 17, 2020

• July 2020

  • Pandemic boosts Memphis-style industry: Distribution

    Strong industrial real estate activity happened in the Memphis market during April, May and June, in part because of the pandemic, not despite it. 

    By Tom Bailey July 17, 2020

  • FedEx fights to grow profits in pandemic

    E-commerce and a shortage of air cargo capacity pushed FedEx fourth quarter earnings well past analysts' expectations. Analysts wonder if trends will continue – and produce a desired goal of double-digit profits.

    By Wayne Risher July 06, 2020

• June 2020

  • FedEx earnings should show COVID impact

    COVID-19, trade wars and efforts to increase efficiency and lower costs in residential deliveries are expected to be front and center when FedEx reports fiscal 2020 and quarterly earnings.

    By Wayne Risher June 29, 2020

  • Memphis airport cargo up 7.9%, powered by FedEx

    Both domestic and international air freight showed strong gains at Memphis International Airport in May, reflecting a surge in shipping activity related to COVID-19.

    By Wayne Risher June 19, 2020

  • Digital retailer goPuff brings convenience store to doorstep

    Digital convenience store delivery service goPuff launched in the Memphis market this week from a location on Park near the University of Memphis.

    By Wayne Risher June 09, 2020

• May 2020

  • FedEx Ground in peak-season mode with e-commerce surge

    The e-commerce surge generated by the COVID-19 pandemic has pushed package volumes to holiday peak season levels at FedEx Ground, the company's workhorse for e-commerce deliveries.

    By Wayne Risher May 14, 2020

• April 2020

  • E-commerce growth pace expected to quicken because of COVID-19

    Experts expect the surge in e-commerce during the coronavirus pandemic to be a permanent fixture going forward.

    By Wayne Risher April 20, 2020

  • Report: Amazon suspends plan to compete directly with FedEx, UPS

    Amazon will suspend Amazon Shipping in June to focus on delivering its own packages. It had been testing a delivery service competing directly with FedEx and UPS in certain markets.

    By Wayne Risher April 07, 2020

• March 2020

  • FedEx chief dishes on coronavirus in Fox News interview

    FedEx chairman Frederick W. Smith discussed operating worldwide during a pandemic in a Fox News interview Wednesday.

    By Wayne Risher March 19, 2020

  • FedEx making strides on big picture despite short-term pain

    FedEx shares rallied Wednesday, a day the after company reported recent positive trends in China and U.S. e-commerce amid a sea of uncertainty over coronavirus.

    By Wayne Risher March 19, 2020

• January 2020

  • Wanted: 1,000 workers to boss around Amazon robots

    According to one expert, Amazon's hiring will put pressure on other area employers, especially in related fields, and those companies may need to get a little creative. 

    By Wayne Risher January 28, 2020

  • FedEx building ‘a better mousetrap’ to corral e-commerce, boost profit

    FedEx executives Frederick W. Smith and Alan B. Graf outlined three reasons for long-term optimism, the impact of Postal Service struggles and CEO succession plans during a recent podcast.

    By Wayne Risher January 13, 2020