Labor Day To Be a Non-Service Day For XPO Logistics

XPO Logistics has announced that in observation of Labor Day Monday September 2nd, all U.S., Canada and Puerto Rico locations will be closed.

Takeaways from the Q2-2019 UPS Inc. Earnings Call

Takeaways from the Q2-2019 UPS Inc. Earnings Call Revenue for 2nd Quarter rose 3.4% to $18.05 Billion. Total Operating Profit grew 6.3% with growth in all segments. Net Income was $1.7 Billion. Operating Margin increased 170 basis points to 8.17%. Average Daily Volume was up more than 7%. Next...

UPS Announcements

On Tuesday, July 23, 2019, UPS announced the most extensive roll-out of new customer services and capabilities in the company’s recent history. The new solutions are geared towards the small and medium sized businesses (SMBs), e-commerce, international countries and healthcare and life sciences. UPS My Choice for Business Available July...

Takeaways from the FYQ4-2019 FedEx Corp. Earnings Call

Takeaways from the FYQ4-2019 FedEx Corp. Earnings Call (FedEx operates on a June - May Fiscal Year Calendar) Revenue for FY Q4 was up $800M from 3rd quarter to $17.8B. Operating Income was up $409M from the 3rd quarter to $1.32B. Operating Margin increased 200 basis points to 7.4% in...

FedEx Transformational Announcement

On Thursday, May 30, 2019, FedEx announced three steps it’s taking to better serve the fast-growing e-commerce market. 1. Beginning in January 2020, FedEx Ground will deliver seven days per week year-round for the majority of the U.S. population. Currently, FedEx Ground delivers seven days per week only during the...