Appellate Court Upholds Ruling That FedEx Drivers Were Employees
A federal appellate court has ruled against FedEx in a case from 2003 involving 500 drivers in Kansas who claimed they were misclassified as contractors.
FedEx
UPS Asking Some Retailers for Peak Concessions on Large Parcels
To save costs, UPS has begun negotiating with major retail shippers about eliminating discounts for large parcels during this year’s peak holiday season.
O+F Advisor Distribution Center Roundup, June 8, 2015
A listing of recently announced expansions, additions and closures in retail distribution and fulfillment centers.
Merchants Address Fast Delivery Demands
Merchant panelists at Operations Summit 2015 said they’re doing all they can to decrease time-to-customer, but same-day delivery isn’t a high priority.
TNT Express Reports Loss, Talks of Challenges Ahead of FedEx Acquisition
Dutch firm TNT Express reported an operating loss and lower comparable revenues for Q1 and said it faced a challenging 2015 ahead of the FedEx acquisition.
UPS Reports Net Income Up 12.6% in Q1
UPS’s Q1 net income was up 12.6% to $1.02 billion, as executives said they’re making gains in revenue and profitability in its growing ecommerce business.
O+F Advisor Distribution and Fulfillment Center Roundup, April 27, 2015
A listing of some recently announced expansions, additions and closures in direct-to-consumer distribution and fulfillment centers.
FedEx Will Buy TNT Express for $4.8 Billion
FedEx Corporation and TNT Express N.V. have reached conditional agreement on recommended all-cash public offer of €8.00 per ordinary TNT Express share. The transaction represents an implied equity value for TNT Express of €4.4 billion, or $4.8 billion U.S.
O+F Advisor Distribution and Fulfillment Center Roundup, March 31, 2015
A listing of some recently announced expansions, additions and closures in direct-to-consumer distribution and fulfillment centers.
UPS, FedEx Increase Fuel Surcharge Rates
Effective Feb. 2, UPS raised its fuel surcharge rates for ground and air services, as did rival FedEx.