Last-mile fleets such as FedEx, Amazon, XPO and UPS have been dealing with a spike in demand while also implementing safety protocols to protect employees and customers.
May 26, 2020Search
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FedEx, Microsoft Join Forces for Package Shipping
FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.
May 18, 2020UPS Adds Indiana Airport to Cargo Network
The Gary/Chicago International Airport Authority on May 13 approved a long-term lease and easement access agreement with UPS Inc. that will allow the company to begin express air shipment operations later this year.
May 14, 2020Container Shipper Maersk Warns of 25% Volume Slump
The world’s largest container line is bracing for a historic slump in demand after emergency lockdowns across the globe left international trade in tatters.
May 13, 2020XPO’s Brad Jacobs Says Company Open to Future Acquisitions
With at least $2 billion in cash, and $500 million in credit available, XPO Logistics Chairman and CEO Brad Jacobs says he would consider an acquisition if the company was a good fit.
May 12, 2020Expeditors Sees Profit, Revenue Fall in Q1; Workforce Remains Intact
Global disruptions created by the coronavirus pandemic depressed profits and revenue at Expeditors International in the first quarter.
May 8, 2020Former XPO Executive to Become Next Postmaster General
A Republican fundraiser and political donor from North Carolina who also worked as an executive at XPO Logistics will be the next postmaster general.
May 7, 20205-Year-Old’s ‘Refreshment Stop’ Shows Appreciation for FedEx, UPS Drivers
A New York kindergartener who loves delivery trucks is thanking FedEx, UPS and other drivers during the coronavirus pandemic in his own special way, with a 'refreshment stop' of complimentary snacks and drinks that he has set up at the end of his driveway for these essential workers.
May 5, 2020XPO Profits, Revenue Fall in Q1
First-quarter profits and revenue at XPO Logistics Inc. declined as the effects of the coronavirus pandemic took a toll on the less-than-truckload carrier and logistics company in March.
May 5, 2020XPO to Cease Operations at Pennsylvania Warehouse
XPO Logistics will cease operations at its warehouse in Bethel Township, Pa., this month, according to a notice it filed March 11 with the Pennsylvania Department of Labor & Industry.
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