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fedex

Express industry ready for a bumper peak season

Parcel carriers will collectively distribute 1.29 billion shipments across the UK between October and December 2024, 10.9% more than in the same period in 2023, according to a new study by Effigy Consulting, commissioned by FedEx, the world’s largest express carrier. The data also shows a significant increase in the UK figures for 2023, up from 1.17bn parcels to 1.29bn in 2024, making it the busiest market in Europe for parcels ... [+]

FedEx opens state-of-the-art sort facility

FedEx Corporation has opened an automated sorting facility at its Memphis World Hub. The LEED Certified building, which is now fully operational ahead of the holiday peak season, spans 1.3 million square feet across four levels, includes11 miles of conveyor belt, has dedicated space for bulky, non-conveyable shipments, and can ... [+]

‘FedEx effect’ boosts global economy by $85 billion

FedEx contributed more than $85 billion in direct impact to the global economy in 2024, or around 0.1% of the world’s total net economic output said the carrier in its released its annual economic impact report, published on 29 October. Produced in consultation with data an analysis firm Dun & Bradstreet ... [+]

FedEx opens new south of Spain site

Federal Express has opened a new facility in Málaga, southern Spain. Located in the Santa Teresa Industrial Estate, it spans 3,244sq m (34,900sq ft) of warehouse space over a third more than the previous site. It triples FedEx’s sorting capacity, and can handle up to 1,500 packages per hour. The station ... [+]

Revenues, margins down at FedEx

FedEx has reported first quarter revenue figures (ending August 31) marginally lower at $21.6 billion compared with $21.7m in same period of 2024 while operating margin was down from 7.3% to 5.6% It said results were negatively affected by reduced demand for priority services, increased demand for deferred services, and ... [+]

FedEx starts the shift to biofuels

Federal Express is to move its line haul trucks at three UK sites to biofuels from September. More than 170 trucks – all tractor-trailer combinations – will use hydrotreated vegetable oil (HVO) in Parkhouse (80 tractors), Marston Gate (54 tractors), and Atherstone (38 tractors). FedEx has secured at least four million ... [+]

FedEx offers Asian customers high tech tracking

Federal Express has launched FedEx Surround, offering customers enhanced control and visibility of shipments en route using advanced sensor. The system is based on a lightweight sensor able to transmit precise location every two seconds via Bluetooth Low Energy to WiFi access points or gateway devices throughout its network, allowing ... [+]

FedEx tests electric Merc

FedEx is launching a two week pilot of a Mercedes Benz eActros 300 electric tractor for domestic linehaul at its Parkhouse station in Stoke on Trent, paired with an existing FedEx-owned trailer. FedEx previously piloted the Mercedes-Benz Trucks eActros 300 as a rigid truck for two weeks in Eindhoven, Netherlands ... [+]

FedEx opens first European Life Science Center in Veldhoven

FedEx has opened its first European Life Science Center in Veldhoven, the Netherlands.The temperature-controlled facility joins a global network that can receive, store, kit, and pick, pack and ship healthcare products and is GDP (Good Distribution Practices)–licensed. The 1,000sq m warehouse has four temperature-controlled rooms and freezers for temperatures ranging from ... [+]

FedEx puts eActros through its paces

FedEx Express has started a two-week pilot of a Mercedes-Benz all-electric eActros 300 tractor in the Netherlands. It is being used in place of a combustion engine tractor and trailer combination, to fulfil domestic linehaul operations from Eindhoven station.The tractor will recharge onsite at the Eindhoven station during down time, ... [+]

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