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Airlines
US airlines warn of ‘chaos’ as telecoms groups roll out 5G
...The letter, seen by the Financial Times and first reported by Reuters, was signed by the largest US carriers as well as the air freight arms of two of the biggest logistics groups, UPS and FedEx....
January 17, 2022
Supply chains
Big US businesses pledge to extend working hours to ease supply chain backlogs
...FedEx said it would make changes allowing it to double the volume of cargo moving out of ports at night....
October 13, 2021
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Covid-19 vaccines
Biden’s Covid booster shot plan mired in confusion amid regulatory hold-ups
...The looming jump in the numbers of doses being shipped and administered is likely to put pressure on freight carriers, health departments and hospitals....
September 7, 2021
Disrupted Times
UK growth picks up in August but falls short of expectations Premium content
...US president Joe Biden has persuaded Walmart, UPS and FedEx to extend their working hours to ease the country’s supply chain woes....
October 13, 2021
Transport
Parcel groups seek to deliver greener ‘last mile’ processes
...FedEx, another US carrier, is also moving to electrify. But Roxo, the courier’s under-development delivery robot, is not yet welcome everywhere....
October 8, 2020
United Parcel Service Inc
UPS profits boosted by strong US online shopping
...UPS and its rival FedEx face growing competition from Amazon, as the ecommerce giant has sought to expand its shipping operations on the ground and in the air in an effort to cut freight costs and speed...
October 22, 2019
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
United Parcel Service Inc
UPS delivers upbeat results as demand for next day service jumps
...However, UPS and its rival FedEx face growing competition from Amazon’s freight delivery service....
July 24, 2019
United Parcel Service Inc
UPS, FedEx tumble as analyst warns of Amazon Air risk
...Amazon Air took the wind out of United Parcel Service and FedEx shares on Tuesday, as Morgan Stanley warned that investors have yet to fully account for growing competition from the ecommerce giant’s freight...
December 4, 2018
US equities
US slowdown or Amazon effect? Investors divided over index fall
...Shares of FedEx, which has the biggest weighting in the index, have lost more than 17 per cent since the start of the month, in part due to concerns about Amazon Air, the ecommerce giant’s in-house freight...
December 13, 2018
News in-depthUS & Canadian companies
Uber and Lyft shift up a gear in IPO race
...Lyft has hired the IPO adviser Class V, which was founded by Lise Buyer, one of the key architects of Google’s 2004 Dutch auction. But Uber will not be far behind....
September 27, 2018
The Big ReadGregory Meyer
‘A good living but a rough life’: trucker shortage holds US economy back
...In June companies including Daimler, FedEx and Uber launched a lobbying group, the Partnership for Transportation Innovation and Opportunity, to address AVs and jobs....
July 8, 2018
US & Canadian companies
Alphabet arm Waymo tests self-driving trucks
...Some in the trucking industry, such as FedEx Freight chief Michael Ducker, have warned that regulatory and social considerations are lagging behind the technology, which he told the FT in April is “coming...
June 2, 2017
Transport
UPS sales top estimates despite dollar, fuel drag
...Coyote arranges customers’ freight shipments on available trucks....
October 27, 2016
beyondbricsMergers & Acquisitions
Could Amazon’s global delivery vision break Alibaba?
...While pitting itself in direct competition with the likes of FedEx and UPS, Amazon will also aim to facilitate a route to the international marketplace for smaller manufacturers ahead of Alibaba, the leading...
May 30, 2016
US & Canadian companies
Amazon leases 20 Boeing 767 freight jets for air cargo programme
...The agreement raises the question of how Amazon’s move will affect other logistics providers such as FedEx and UPS, which have generally avoided commenting on Amazon’s moves towards handling its own goods...
March 9, 2016
FT Live
Outstanding Directors Exchange
Fostering trust for steadfast leadership
Wednesday, 12 JuneHarvard Club of New York City, West 44th Street, New York, NY, USA
US & Canadian companies
UPS boosted by rising ecommerce shipments
...In the supply chain and freight logistics business, operating profits excluding the accounting charges were up 11 per cent at $199m, on revenues up 6 per cent at $2.61bn....
February 2, 2016
Indian business & finance
Indian carriers fined for fuel surcharge collusion
...for freight....
November 18, 2015
LexMergers & Acquisitions
FedEx and TNT Express: colouring
...FedEx already has plenty of capacity in air freight, while TNT Express has top share in European road haulage....
April 7, 2015
US & Canadian companies
UPS rebounds to beat forecasts despite tough holiday season
...But delays to sea freight had hurt parts of the logistics business....
April 28, 2015
Transport
FedEx profits rise on falling fuel costs
...Operating income at FedEx Freight grew to $68m, from $35m last time, on revenue up 6 per cent to $1.43bn....
March 18, 2015
Support services
Strong quarter boosts FedEx’s full-year income
...air freight....
June 18, 2014
US & Canadian companies
Harsh winter hits FedEx profits
...For FedEx Freight, the freight forwarder, operating income rose from $4m to $29m, on revenues up 9 per cent to $1.35bn....
March 19, 2014
US & Canadian companies
UPS profits hit by harsh US winter
...Operating profits for supply chain and freight rose 3.5 per cent to $148m, on revenue down 1 per cent to $2.16bn. The shares were down 19 cents at noon in New York, at $99.05....
April 24, 2014
Retail & Consumer industry
FedEx earnings disappoint as customers seek cheaper options
...Operating income at FedEx freight grew 1 per cent to $77m, on revenue up 4 per cent to $1.43bn....
December 18, 2013
US & Canadian companies
UPS sticks to full-year results forecast
...Supply chain and freight operating profits grew 6.9 per cent to $201m, on revenue down 0.7 per cent to $2.25bn. The shares rose 1.2 per cent to close at $95.61....
October 25, 2013

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