FedEx to slap dimensional pricing on packages handled in concert with USPS

9/20/2017 The companies say dimensional pricing is necessary to properly compensate them for handling lightweight and bulky packages that occupy disproportionate amounts of space aboard an aircraft or ground vehicle. As e-commerce volumes continue to grow, the companies have said they handle a larger proportion of packages with those characteristics, and can no longer price […]

FedEx to increase Shipping Rates effective January 2018

MEMPHIS, Tenn., September 18, 2017 … FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp., will increase shipping rates effective January 1, 2018. FedEx Express will increase shipping rates by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services. FedEx One Rate pricing will increase by an average of […]

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 […]