Post Tagged with: "Fedex"

UPS ranked most valuable logistics brands in 2017

UPS ranked most valuable logistics brands in 2017

March 12, 2017 at 7:03 pm 0 comments

Each year UK-based valuation and strategy consultancy, Brand Finance appraises the brand values of the world’s leading logistics companies. Once again, UPS seized the top position by a long-shot, with a brand value of US$22 billion. FedEX took second place with its brand valued at $17 billion—up 31% from 2016Read More

Economic realities slow U.S. aviation ambitions in Cuba

Economic realities slow U.S. aviation ambitions in Cuba

March 6, 2017 at 6:54 pm 0 comments

Following an epidemic of delays and capacity reductions by American carriers, FedEx has filed for a six-month extension to inaugurate U.S.- Cuba scheduled, all-cargo air services. The Memphis-based integrator cited “inextricable dynamics, such as securing and establishing business relationships with Cuban service providers, in relation to air operations support services,Read More

FedEx’s Smith calls for action to defend global trade, save jobs

FedEx’s Smith calls for action to defend global trade, save jobs

January 26, 2017 at 6:47 pm 0 comments

Soon after making a TV appearance to criticize the Trump administration’s pull-out from the Trans-Pacific Partnership, FedEx CEO and founder Fred Smith stepped up his efforts to stave off a costly trade war by creating an online portal to encourage citizens to defend global trade and potentially save millions ofRead More

Fred Smith delivers TPP eulogy on Fox Business

Fred Smith delivers TPP eulogy on Fox Business

January 25, 2017 at 6:58 pm 0 comments

FedEx founder and CEO Fred Smith went on Fox Business yesterday to counter the White House’s negative narrative on the already moribund Trans-Pacific Partnership (TPP), and also presented evidence for the positive role of free trade in the U.S. economy. “Trade is what made America great,” Smith told Fox BusinessRead More

FedEx, Walgreens thwart ‘porch pirates’ with 8,000 more secure locations

FedEx, Walgreens thwart ‘porch pirates’ with 8,000 more secure locations

January 12, 2017 at 6:42 pm 0 comments

As concerns over a rise in express package thefts, FedEx and Walgreens pharmacies have inked a long-term deal to install 8,000 secure pickup/dropoff locations in pharmacies across the United States. Starting this spring, a small-scale rollout will begin, and FedEx expects to have the program available at “thousands of WalgreensRead More

credit to Gage Skidmore

FedEx’s Smith defends trade, blasts Trump’s protectionist rhetoric

December 28, 2016 at 7:00 pm 0 comments

While FedEx founder and chairman, Fred Smith, generally supported the direction President-elect Donald Trump is taking with his pledges to improve the nation’s infrastructure and reduce the national debt, he was deeply critical of Trump’s repeated statements against global trade during his campaign and called for the new President toRead More

UPS invests in reverse logistics startup Optoro as returns volume rises

UPS invests in reverse logistics startup Optoro as returns volume rises

December 27, 2016 at 6:37 pm 0 comments

The wrapping paper has been cleared away, Uncle Steve is on his seventh whisky and you are ensconced on the couch, half-buried under a pile of gifts that you’ll never use or wear. But your holiday work is still not done – it’s time for unwanted gift returns season. OnRead More

Restructuring, investments at FedEx catch analysts unaware in Q2

Restructuring, investments at FedEx catch analysts unaware in Q2

December 21, 2016 at 6:44 pm 0 comments

FedEx’s second fiscal-quarter operating income increase of 3 percent underperformed analysts’ expectations as they failed to account for the integrator’s US$2 billion investment into sorting hubs and distribution centers, and automation of ground operations to accommodate growing e-commerce shipments. The Ground and Freight divisions saw operating income fall by 12Read More