FedEx, UPS, FedEx Ground, FedEx Express, ecommerce fulfillment

FedEx Says Amazon Business Not a Concern

| Mike O'Brien

FedEx told analysts on a third quarter call that Amazon was simply addressing capacity issues with its own assets a la other major retailers, so they weren’t worried about the business. For the quarter, FedEx’s net income fell 19% to $507 million, while Ground revenue was up 30% to $4.41 billion. However higher costs due in part to network expansion and peak season demand caused the segment’s operating income to drop from $559 million to $557 million.

U.S. Postal Service, USPS, UPS, Parcel Select, shipping and delivery

Parcels – Including Groceries – The Future of USPS

| Mike O'Brien

“We have a very structured plan around all we’re trying to do to grow our package business,” said Cliff Rucker, vice president of sales for the USPS. “When you think about it, over one-third of our volume is gone since 2006 on the letter side, so that’s why we see packaging as a growth area.”