FedEx Q4 Net Income Up 141%, Revenue Gains 4%
FedEx reported revenue was up 4% and net income up 141% for the fourth quarter ended May 31.
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A Practical Guide to Addressing Dimensional Weight Pricing
MCM contributor Curt Barry offers practical information for shippers in light of dimensional weight pricing moves by major carriers.
Experts: New UPS Dimensional Weight Pricing Will Have Significant Impact
On the heels of a similar announcement last month by rival FedEx, United Parcel Service announced Tuesday it will expand dimensional weight pricing for all U.S. ground shipments, effective Dec. 29, 2014.
FedEx Plans Massive Distribution Center in Palm Springs
FedEx is in the midst of planning a “massive distribution center” located in Palm Springs, CA which would sort thousands of packages a day and employ approximately 300 workers. The facility would function as a regional distribution center serving the Coachella Valley.
USPS Ends Q1 with $354 Million Loss, Shipping Revenue Up 14%
While the U.S. Postal Service ended the first quarter of 2014 with a net loss of $354 million, its shipping business increased by 14%. This growth, UPS said, was fueled by an increase in online shopping and Sunday deliveries in limited U.S. markets.
Shipping in 2014: The Year of Instant Gratification
Online retailers are sprinting towards the day when they can offer consumers products anytime, anywhere and as quickly and affordable as possible. In the next few months we will see many big ecommerce players continue to pour funding into delivery projects that will bring instant gratification to the consumer. Here is a look at just some of those projects and tops trends we can expect to see for package shipping in 2014.