Jeremy Lee
FedEx Had Another Banner Year: What We Learned From the Latest Annual Earnings Report
Breaking News • Jeremy Lee on June 25, 2018
FedEx is shipping more packages and charging more than ever to do it. FedEx announced its fiscal revenue was up 7.9% at $65.5 billion over FY 2017, and revenue was up 9.1% at $17.3 billion for the fourth quarter. It was another record earnings report, a year-by-year trend we’re getting used to.
Parcel Roundup: UPS Gets Sticky with Retailers, Amazon Revokes Prime Memberships for Frequent Returners, FedEx Commits to Blockchain
Articles, Breaking News • Jeremy Lee on June 11, 2018
UPS aims to strengthen retailer relationships while Amazon has reportedly been banning shoppers for making too many returns. FedEx is betting Blockchain will create a transparent, secure, and streamlined logistics industry.
Parcel Roundup: UPS Q4 Earnings, to Drone or Not to Drone, and Meet Nuro
Articles • Jeremy Lee on February 5, 2018
UPS released its 2017 Q4 earnings, beating Wall Street’s expectations by $.01 per share while in negotiations with the Teamsters Labor Union who wants to prevent them from using drones and driverless vehicles like recently introduced Nuro.
UPS Enjoys Profitable Q2 Ahead of Peak Surcharge Rollout
Breaking News • Jeremy Lee on August 1, 2017
Like FedEx shared earlier this summer, UPS is shipping more packages and enjoying the fruits of this year’s rate increases.
FedEx Sees Record Earnings Thanks to Volume Increases and Higher Rates
Breaking News • Jeremy Lee on June 28, 2017
When FedEx announced last week its across-the-board earnings increases for the fourth quarter and another record fiscal year, one pattern emerged: revenue increased primarily due to increased package volume and higher base rates.
FedEx Reports Record Peak Season Volume
Breaking News • Jeremy Lee on March 27, 2017
In its fiscal third quarter earnings report released March 21, FedEx announced record volume during its post-Thanksgiving peak. The quarter, which closed Feb. 28 and included December and January, encompassed most of that peak holiday season.
Healthcare and Life Sciences Shippers: What You Need to Know About Supply Chain Cost Management
Articles • Jeremy Lee on January 10, 2017
For shippers in the healthcare and life sciences industry, the stakes are high. New innovations are leading to global demand for increasingly sophisticated products.
The New “Biggest Day” of the Holiday Season May Surprise You
Breaking News • Jeremy Lee on December 22, 2016
When you think of the biggest shopping day of the year, your first thought might be Black Friday. That’s understandable—over the years, it’s become synonymous with the idea of deep sales and the commencement of the holiday shopping season.
DHL 2017 Rate Increase Takes a Cue from the Big Two
Breaking News • Jeremy Lee on December 7, 2016
Following in the footsteps of the “Big Two,” DHL Express recently announced its 2017 general rate increase (GRI) and it’s—yep, you guessed it—an average of 4.9% for U.S. account holders.
Fiscal 2016 Earnings: FedEx® Reports Record Revenue in Annual Report
Breaking News • Jeremy Lee on October 11, 2016
FedEx® recently reported quarterly earnings and revenue surpassing expectations. Revenue exceeded $50 billion for its first time since it was established in 1971, increasing 20 percent year-over-year.
