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Tag: FedEx Corp

At least 150 companies have warned investors

David Paul Morris | Bloomberg | Getty Images About 150 publicly traded companies have warned investors of the threat COVID-19 poses, with several anticipating they’ll miss guidance for the March quarter.  The new coronavirus was first discovered in December in China. At first, several companies had to suspend their supply chains or temporarily close brick-and-mortar …

At least 150 companies have warned investorsRead More

Investors punish FedEx as it struggles to adapt to rise in e-commerce

A FedEx delivery truck is seen on August 07, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images FedEx investors punished the company’s shares Wednesday after it released disappointing earnings a day earlier and cut its profit outlook for at least the third time in 2019. The delivery company is struggling to adapt to …

Investors punish FedEx as it struggles to adapt to rise in e-commerceRead More

Jeff Bezos’ relentless strategy at Amazon on full display

Jeff Bezos, founder and chief executive officer of Amazon.com Inc., speaks at the National Press Club in Washington, D.C., on Thursday, Sept. 19, 2019. Andrew Harrer | Bloomberg | Getty Images If you enter “relentless.com” into your web browser, you might be surprised to see it takes you to Amazon. That’s because CEO Jeff Bezos …

Jeff Bezos’ relentless strategy at Amazon on full displayRead More

Amazon sellers react to FedEx Ground block for holidays

Amazon illustrated that its customer obsession runs deep when it told sellers this week that it would no longer let them use FedEx’s ground-delivery network during the holiday season, blaming the move on poor delivery performance. But in doing so, the move threatens to throw many third-party merchants’ businesses into a tailspin during the busiest …

Amazon sellers react to FedEx Ground block for holidaysRead More

Cargo pilots want the same rest rules as the pilots who fly you to grandma’s

A Boeing 747 cargo freighter belonging to Atlas Air. S3studio | Getty Images As the peak holiday season ramps up for online retailers and shipping companies, cargo pilots that fly packages for Amazon, UPS and FedEx are pushing to work under the same rules as passenger pilots, a change that the industry says could pose safety …

Cargo pilots want the same rest rules as the pilots who fly you to grandma’sRead More

Holiday shoppers have more return options thanks to UPS, CVS, Amazon

Amazon.com Inc. parking signage stands outside a Kohl’s Corp. department store in Huntington Beach, California, U.S., on Saturday, May 11, 2019. Kyle Grillot | Bloomberg | Getty Images Traditional return options just aren’t doing it for shoppers anymore. Consumers want more convenient and flexible choices, including more in-store returns for online purchases and designated locations …

Holiday shoppers have more return options thanks to UPS, CVS, AmazonRead More

How FedEx’s combative year has hurt its stock performance

Frederick Smith, chairman and chief executive officer of FedEx Corp., speaks during the U.S. Chamber of Commerce Aviation Summit in Washington, D.C., on Thursday, March 7, 2019. Anna Moneymaker | Bloomberg | Getty Images FedEx has had a combative year. Founder and CEO Fred Smith’s dispute with the New York Times over a report about …

How FedEx’s combative year has hurt its stock performanceRead More

Why Amazon returns cost millions and how Kohl’s is helping

Returns cost companies millions and create billions of pounds of waste. Now, Amazon is making the process more efficient in hopes of enticing customers with easy returns. Forrester Research estimates 25% of items bought online are returned, with $207 billion in returned commerce goods expected this year. Amazon was dumping millions of pounds of this …

Why Amazon returns cost millions and how Kohl’s is helpingRead More