USPS, FedEx Extend Express Air Transportation Contract for 7 more years

FedEx Extends Express Air Transportation Contract With United States Postal Service MEMPHIS, Tenn., February 23, 2017 … FedEx Corp. today announced that its FedEx Express subsidiary has entered into an extension to the express air transportation contract with the United States Postal Service originally executed on April 23, 2013. The contract modification extends the agreement […]

Walgreens and FedEx Team Up to Offer FedEx Dropoff and Pickup at Thousands of Walgreens Locations Nationwide

Walgreens and FedEx customers to benefit from additional convenient and secure delivery locations MEMPHIS, Tenn., and DEERFIELD, Ill., Jan 11, 2017—FedEx Corp. (NYSE: FDX) and Walgreen Co., one of the nation’s largest drugstore chains, announced a long-term alliance agreement that will offer convenient access to FedEx dropoff and pickup services at thousands of Walgreens locations […]

New York puts UPS’s culture on trial in $873M untaxed cigarette case

NEW YORK (AP) — UPS was supposed to be looking for clues its brown trucks were being used to illegally transport untaxed cigarettes from upstate Indian reservations to customers throughout the state, but instead it turned a blind eye, say regulators, who’ve asked a judge to impose an $873 million penalty on it. Over an […]

Why United Parcel Service and FedEx Corporation Are Hiking Prices

Despite competition from Amazon.com, the package delivery giants are increasing prices. Here’s a look at why — and what it means for investors. Prices are going up. Around the time of the company’s first-quarter 2017 results in late September, FedEx Corporation (NYSE:FDX) followed rival United Parcel Service, Inc (NYSE:UPS) in hiking selected shipping rates by […]

FedEx to Increase Shipping Rates after holidays for Express, Ground and Freight Services

Effective Jan. 2, 2017 FedEx Express, FedEx Ground, FedEx Home Delivery®, FedEx SmartPost® and FedEx Freight rates will increase. There will be changes to shipping fees and surcharges that may apply to your shipment and affect your total shipping rate. FedEx® Retail Rates will change. FedEx One Rate® pricing will change. The dimensional weight calculation […]

U.S. ends criminal case accusing FedEx of shipping packages from illegal online pharmacies

U.S. ends $1.6 billion criminal case against FedEx The U.S. Department of Justice on Friday dismissed all criminal charges against FedEx Corp (FDX.N) in a case where the company was accused of shipping packages from illegal online pharmacies despite repeated warnings, according to a court filing. Trial had begun earlier this week in San Francisco […]

Video: Amazon Contracts For Its Own Fast Delivery From Distribution Center

June 6, 2016 PITTSBURGH (KDKA) — If Amazon.com had its way, every shopper would shop online, and then have that order filled and packaged at fulfillment centers like one in Crafton PA with products to be delivered to your doorstep by Amazon deliverers, instead of the traditional U.S. Postal Service, UPS, or FedEx delivery. “They […]

Wal-Mart testing 2 day shipping subscription service to rival Amazon Prime

Wal-Mart Stores Inc. is testing a two-day shipping subscription service and building a regional delivery network as the world’s biggest retailer tries to rival Amazon.com Inc. As part of the project, Wal-Mart will rely on eight massive e-commerce warehouses around the country, the last of which will be built by year’s end. It will also […]