FedEx Express truck feature

FedEx Q3 Results Hit by Omicron, Volume Dropoff

| Mike O'Brien

FedEx delivered strong revenue and profit for the third quarter, but the latter was below analyst expectations, and volume was negatively impacted by the Omicron variant to the tune of $350 million between Express and Ground, a falloff the company said began rebounding in February.

FedEx driver holiday snow feature

FedEx Contractors Blame Company for Peak Losses

| Mike O'Brien

A disgruntled group of FedEx Ground contractors are blaming the company for losses this past peak season due to investments in leased vehicles and temporary staff for a massive holiday deluge that never materialized, the Wall Street Journal is reporting. More than 800 of FedEx Ground’s 5,000+ contractor firms signed onto the letter.

As 3PL Demand Grows, Partner Selection is Critical

| Jasmine Brown

Consumers may focus on curbside pickup, speed of delivery, trouble-free returns and seamless experiences, but retailers and brands face heightened fulfillment challenges, leading many to embrace outsourcing to third-party logistics (3PLs)