FedEx wins two awards – MHD

FedEx says its subsidiary FedEx Express has won the Best Clinical Trial Logistics Provider and Best Last Mile Implementation awards at the annual IMAPAC Asia Pacific Bioprocessing Excellence Awards 2022. The event was held along with the sixth Annual Biologistics World Asia 2022. Both awards recognise the exceptional healthcare expertise, services and technologies at FedEx… Continue reading FedEx wins two awards – MHD

FedEx reports fiscal third quarter earnings gains

Fiscal third quarter earnings for Memphis-based freight transportation and logistics services bellwether FedEx issued yesterday showed gains, amid various challenges. Quarterly revenue—at $23.6 billion—saw a 10% annual increase, and operating income—at $1.33 billion—saw a 32% annual gain. Diluted earnings per share—at $4.20—were up 27% annually, coming up short of Wall Street expectations at $4.65. FedEx… Continue reading FedEx reports fiscal third quarter earnings gains

2022 Parcel Express Roundtable: Challenges persist

As March 2022 marks the second full year of pandemic-driven life and business throughout the world, parcel delivery and last-mile logistics continue to reap the benefits of unprecedented levels of consumer-influenced demand. This extraordinary period of time has ushered in new, long-term market conditions, including shippers dealing with consistent rate and pricing concerns, lack of… Continue reading 2022 Parcel Express Roundtable: Challenges persist

FedEx partners with BigCommerce – MHD

FedEx has announced a partnership with BigCommerce that will give merchants an option to subscribe to a premium delivery service at a reasonable price, according to the global delivery leader. FedEx says new subscribers will be eligible for two months’ worth of free services from BigCommerce. BigCommerce merchants will receive easier access to and discounts… Continue reading FedEx partners with BigCommerce – MHD

Omicron issues are impacting staffing and service for FedEx

A customer service advisory issued earlier today by Memphis-based global freight transportation and logistics services titan FedEx stated that the company is again dealing with service disruptions, as was the case earlier this year. “The explosive surge of the COVID-19 Omicron variant has caused a temporary shortage of available crew members and operational staff in… Continue reading Omicron issues are impacting staffing and service for FedEx

New FedEx Express service addresses AMEA shippers’ cross-border commerce demand

Earlier this week, FedEx Express, the global, time-definite delivery service unit and largest subsidiary of Memphis-based global transportation and logistics power FedEx, formally rolled out a new service geared towards shippers in the AMEA (Asia Pacific, the Middle East, and America) region. Entitled FedEx International Priority, company officials said that this service provides AMEA shippers… Continue reading New FedEx Express service addresses AMEA shippers’ cross-border commerce demand

FedEx Works to Monetize their Big Data

Sriram Krishnasamy, the CEO of FedEx Dataworks A network effects business model allows a company to gain more value as more companies use its products or services. The value of the offering rapidly increases because each additional user increases the value of the network. Today, we mainly think of digital companies like Google and Twitter… Continue reading FedEx Works to Monetize their Big Data