Global shipping and logistics conglomerate CMA CGM has announced its plan to acquire FedEx Supply Chain, the contract logistics division of FedEx, for $1.4 billion. This significant transaction will r
by Update: FedEx to return full MD-11 capacity ahead of peak season
FedEx announced plans to restore its entire MD-11 fleet capacity. This strategic move comes ahead of the critical peak shipping season. The carrier had previously grounded these aircraft last November
by FedEx Expands Life Sciences Footprint, Targets High-Value Markets
FedEx has launched a new life sciences suite, establishing a dedicated organization to bolster its healthcare and pharmaceutical services. This strategic initiative aims to cultivate high-value custom
by FedEx to Initiate Tariff Reimbursements Next Month
FedEx will begin issuing tariff refunds to its customers in August. The carrier has outlined a specific prioritization strategy, ensuring that certain shippers receive their duties back first. This up
by FedEx Adjusts Fuel Surcharges for Global Shipments
FedEx is implementing significant adjustments to its fuel surcharges, changes set to impact international shipments globally. Effective June 22, these revisions will introduce different rates for good
by FedEx and China Southern Air Logistics Ink Strategic Agreement
FedEx has formally entered a Memorandum of Understanding (MOU) with China Southern Air Logistics, a prominent China-based airline. This significant agreement aims to substantially strengthen FedEx’s e
by Logistics Leaders Downplay Amazon’s Supply Chain Expansion
Major logistics providers FedEx, Maersk, and GXO have largely dismissed any significant competitive threat from Amazon’s recently launched Supply Chain Services. These established companies maintain t
by FedEx Boosts Procurement Efficiency with ServiceNow Integration
Logistics giant FedEx is significantly expanding its strategic partnership with ServiceNow, focusing on the crucial integration of procurement processes. This advanced collaboration aims to harness Fe
by Global Carriers Adjust International Shipping Fees
Major global logistics providers UPS and FedEx recently announced significant adjustments to their international pricing structures. Both carriers are increasing international fuel surcharge rates and
by Ground Delivery Costs Soar, Shippers Re-evaluate Surcharge Spending
Ground delivery costs reached a record high in the most recent quarter, according to the TD Cowen/AFS Freight Index. This surge, primarily driven by spiking fuel fees from major carriers like FedEx an