U.S.-Iran ceasefire agreement eases energy pressures, but logistics normalization may take months With a preliminary agreement on a Memorandum of Understanding (MoU) to end the United States-Iran ...

FedEx will lay off more than 480 employees as it reshuffles operations through the Network 2.0 initiative. The Memphis-based logistics company announced closures at its Oak Ridge Road facility in ...

FedEx is conducting more layoffs and facility closures to close out 2024, shuttering a ship center in Durham, N.C. and cutting headcount at a similar facility in neighboring Raleigh. The delivery ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min FedEx's restructuring efforts ...

The move simplifies FedEx's cost-cutting plans to improve profitability. Managing a massive hybrid network of overnight air express, ground parcel, and heavy freight leads to complexity. By spinning ...

EVANSVILLE, Ind. (WEHT) — The FedEx Shipping Center at 6530 Interchange Road is set to permanently close. Customers were sent ...

FedEx is closing its Binghamton ship center as part of the company's Network 2.0 initiative. The initiative, first launched in 2022, is a multiyear project that aims to streamline transit and package ...

We dig into this influential annual report that offers a snapshot of the American economy via the lens of the logistics sector and its role in overall supply chains. The report concludes… ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min FedEx has enacted multiple cost ...