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As UPS and Teamsters hit contract impasse, how much does FedEx stand to benefit?
USA TODAY via Yahoo Finance· 12 months agoFedEx could receive a short-term economic jolt from the fallout of rival UPS' failure to reach an...
FedEx saw boost from rival UPS’s labor negotiations with Teamsters
CNN Business via AOL· 9 months agoThe threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx...
FedEx’s 2024 rate increase below prior-year levels
FreightWaves via Yahoo Finance· 10 months agoFedEx is levying a 5.9% general rate increase on Express and Ground shipments in a possible attempt to undercut UPS. The post FedEx’s 2024 rate increase...
FedEx warns delivery drivers to have 'heightened security awareness' if UPS workers go on strike
Business Insider via Yahoo News· 11 months agoUPS workers walked a 'practice picket line' on July 7, 2023, in the Queens borough of New York City,...
FedEx Cuts 2024 Revenue Forecast on Weak Demand
Sourcing Journal via Yahoo News· 6 months agoFedEx cut its full-year 2024 revenue forecast as soft demand resulted in fewer-than-expected sales and income in the second quarter, sending the...
FedEx says volume diverted from UPS retained
FreightWaves via Yahoo Finance· 6 months agoFedEx says it is confident that it has maintained the parcel volumes that moved from UPS. The post FedEx says volume diverted from UPS retained appeared...
With FedEx GRI in books, ball now in UPS’ court
FreightWaves via Yahoo Finance· 10 months agoFedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage. The post With FedEx GRI in books, ball now in UPS’ court...
FedEx cost cuts outrunning revenue weakness, for now
FreightWaves via Yahoo Finance· 9 months agoFedEx’s fiscal first-quarter results give efficiency the nod over growth. (Photo: Jim Allen/FreightWaves) The post FedEx cost cuts outrunning revenue...
UPS and Teamsters reach a labor deal, potentially avoiding a crippling strike
CNN Business via Yahoo Finance· 11 months agoUPS and the Teamsters have reached a tentative deal on a new contract, potentially avoiding a...
FedEx’s Cost-Cutting Plan is Offsetting Revenue Headwinds
Sourcing Journal via Yahoo News· 3 months agoFedEx’s massive cost cuts are coming to fruition, enabling the parcel delivery firm to bolster its...