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UPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally and domestically, in its fourth-quarter earnings report. The company also announced 12,000 layoffs as part of an effort to align resources in 2024. The workforce reductions will save the company about $1 billion in costs, CEO Carol Tomé said on a company earnings call. “2023 was a unique, and quite candidly, difficult and disappointing year. We experienced declines in volume, revenue and operating profits and all three of our business segments,” Tomé said. Shares of the package giant dipped 8% in early trading.

During December, I rarely saw a FedEx delivery trick on the roads in my 80,000+ person town, rarely a UPS truck, maybe a few Amazon trucks every once in a while. The real economy seems to be declining fast. From r/Fedexer: We are in a recession. Buckle up. This morning, we were notified by text that the whole morning sort was canceled due to “low volume availability”. It felt so effing good to sleep in, but thats besides the point.

(MEMPHIS, Tenn.) – Mechanics and related classifications at FedEx Express, the largest cargo airline in the United States, have launched an organizing drive to join the Teamsters. “I would like to personally thank everyone in the FedEx Mechanics and Related Employees Craft or Class who has filled out and sent in a Teamsters Airline Division Authorization Card,” said Joe Ferreira, Director of the Teamsters Airline Division, in a letter to the workers. “The response has been overwhelming. You are on track to becoming unionized soon. Your livelihood will no longer be subject to arbitrary and unfair ‘management discretion.’” The workers’...

Amazon has claimed the title of the largest nongovernment delivery service in the nation, outperforming both UPS and FedEx in parcel volumes. The e-commerce giant sent out more residential deliveries to U.S. homes in 2022 than UPS, according to the Wall Street Journal. In 2020, Amazon surpassed FedEx for the number of packages delivered to homes, and Amazon officials expected to widen that margin this year. The U.S. Postal Service is still the largest domestic parcel service by volume, handling deliveries for Amazon, UPS, and FedEx. Amazon exceeded 4.8 billion parcel deliveries in the United States before Thanksgiving, the Wall...

American business titans who paid thousands to be in the room with Chinese President Xi Jinping gave the communist country’s leader a standing ovation after his remarks in San Francisco this week. On Wednesday evening, Xi dined with more than 300 American business executives and delivered remarks promoting investment in China, a country many Americans consider the greatest threat to the U.S., at a gala in the ballroom of the Hyatt Regency in downtown San Francisco. [cut] Among the American executives gathered to listen to Xi were Apple CEO Tim Cook, Pfizer CEO Albert Bourla, FedEx CEO Raj Subramaniam, Salesforce...

A FedEx tractor-trailer was blocked by several cars in a Memphis, Tennessee, intersection before dozens of people pillaged the back of the truck for packages, leaving boxes discarded all over the road during the brazen weekend theft. Video from the scene shows multiple people running through parked cars in the road toward the FedEx truck as the driver attempts to escape the ravagers who are carrying their loot. Multiple men allegedly used an unknown tool to open the safety latch on the truck’s sealed back doors and took numerous packages, the driver said, according to multiple local reports. When police...

This is the shocking moment a mob of 40 people looted a FedEx truck while it was stopped at a red light in Memphis, Tennessee. Around 8:30pm Saturday, a 53-foot trailer was ransacked while it sat in traffic at the intersection of Riverport Road and West Mallory Avenue. After the driver reported the theft, the Memphis police arrived and saw vehicles speeding away recklessly along with a number of boxes thrown across the road. The truck driver told the police that cars blocked the intersection just before a group of men broke open the sealed back door and looted the...

Anyone else having problems receiving USPS packages, or UPS/FedEx items? During the past few weeks I have had several mailed/shipped items take bizarre turns in routing which has created delays in receiving. I guess watching shipments is front and center these days.

Demand for air freight was a bright spot in the aviation industry during the COVID-19 pandemic amid shipping disruptions and passenger travel whittling down to next to nothing — but the tide has turned.

A FedEx Boeing 757 with landing gear failure crash landed, then skidded off the end of a runway late Wednesday night in Chattanooga, Tennessee, the city's fire department said in a post on X, the platform formerly known as Twitter. The three pilots on board weren't hurt, the Chattanooga Regional Airport said in a statement. First responders raced to the airport after getting reports that the plane was on its final approach, the fire department said. Agencies at the scene along with firefighters included their department's Special Ops team, Chattanooga police and Hamilton County EMS, according to CBS Chattanooga affiliate...

A FedEx driver is being praised after a video went viral showing the driver killing a rattlesnake balled up next to a customer's front door. A Ring security video posted to social media showed FedEx driver Matt Govier confronting an unexpected obstacle while delivering a package to the Nebraska home of Christie Jones, who had a rattlesnake balled up right next to the front door of the home. The video shows the rattlesnake slithering up to the front porch of the home and eventually coming to a rest in the corner by the front door. Minutes later, Govier arrives on...

A Black FedEx delivery driver who says two white men shot at and chased him in Mississippi in 2022 has now been fired from his job, he and his attorney said Monday. “I honestly feel disrespected,” the former driver, D’Monterrio Gibson, told The Associated Press shortly after he received an email from FedEx about his termination. Meredith Miller, manager of global network communications for FedEx, confirmed Monday that “Mr. Gibson is no longer employed at FedEx,” but did not respond to other questions from AP. Last Thursday, a Mississippi judge cited police errors in declaring a mistrial for the father...

MEMPHIS — Lucas Glover usually likes to unwind at night on the road with a good book, but after his second-round 64 propelled him into the lead on Friday at the FedEx St. Jude Championship, he capped off the evening in style. Well, he had style in mind. He did his laundry. The PGA Tour offers laundry service to its players, who certainly needed it after two mud-splattering days at TPC Southwind. But Glover, 43, is a do-it-yourself kind of guy. Plus, it’s not like it made a dent in his finances after earning slightly more than $2.5 million thus...

The company, along with Holman Automotive Group, has been accused of rolling back the odometers of thousands of old delivery trucks. Odometer fraud is big business in the U.S. Estimates say the scheme costs consumers over $1 billion a year. And while it’s largely been relegated to sketchy dealers and private sellers on Craigslist you probably shouldn’t buy from, it apparently isn’t just there. On Friday, Automotive News reports that FedEx and Holman Automotive have been accused of rolling back the odometers of old delivery trucks in a new lawsuit. Companies like FedEx ordinarily get rid of their delivery trucks...

The son of FedEx shooting victim Jaswinder Singh is suing American Tactical, Inc., over the use of one of their ammunition magazines during the April 15, 2021, shooting. Four people were killed in the incident when the gunman opened fire in the parking lot, then four more people were killed when the gunman entered the facility and shot more. The Associated Press noted that Singh’s son is suing over American Tactical’s marketing tactics, claiming that the company has an obligation to seek controls over who can buy their products.

FedEx pilots filmed UFO that followed their cargo plane for over half an hourA pulsating “teardrop-shaped” object circled the FedEx plane as it flew near Monterrey – although it never showed up on the plane’s radar.The pilots reported that at some point, a “shiny, yellow-white plasma-like object” quickly descended from the sky to the plane’s flight altitude, and then shot a beam of light towards them. The sphere flew alongside the plane for over half an hour before disappearing with a flash of pinkish-violet light.The video (see below) of the meeting was analyzed by experts from the National Aeronautical Anomaly...

Five fired Memphis police officers were charged on Thursday with second-degree murder over the death of Tyre Nichols - who died three days after being beaten during a January 7 traffic stop. Demetrius Haley, Tadarrius Bean, Desmond Mills, Jr., Emmitt Martin III and Justin Smith, who are all black, are now in custody. In addition to second degree murder the five were also charged with aggravated assault, aggravated kidnapping, official misconduct and official oppression. On Thursday afternoon DA Steve Mulroy briefed the press, saying his team had moved 'swiftly, but also fairly' to review the case that led to the...

About 200 people in Paradise, Texas, searched for Athena Strand for three days. The authorities said she was taken near her home on Wednesday and found dead on Friday. A search for a missing 7-year-old Texas girl ended with the discovery three days later of her body and a FedEx contract driver being charged in her kidnapping and killing, the authorities said on Friday. The search for the girl, Athena Strand, began on Wednesday in Paradise, Texas, about 40 miles northwest of Fort Worth. Nearly 200 volunteers and numerous law enforcement agencies, using dogs and a helicopter with thermal imagining,...

ONTGOMERY COUNTY, Md. (7News) — Authorities investigated a reported suspicious package Wednesday at the entrance of the U.S. Department of Energy Campus (DOE) on Germantown Road in Montgomery County. A FedEx truck was being searched. Montgomery County Police Department said the county's emergency communications department received a call around 11:15 a.m. reporting the possibility of a suspicious package inside of a delivery truckThe Montgomery County Fire and Rescue (MCFRS) Fire and Explosive Investigations Unit responded to the scene assisting police and the U.S. Department of Energy to conduct a search of the truck, police said. Germantown Road is closed between...

I know this has probably been going on a long time. Bu I have a problem with the concept. And everyone should. I just ordered $1000 worth of tires. The shipper sent them free shipping. They use FedEx as contracted. Long story short, after two weeks of chasing hese down o make sure they actually and finally get to me something happened that bothered me greatly. The shipper sent them as "signature required". Bu when they finally showed up I asked the delivery guy if he needed a signature. He told me that no he did not because he already...