Fedex Founder Fred Smith Retires Raj Subramaniam Named New CEO

Fedex Founder Fred Smith Retires Raj Subramaniam Named New CEO

FedEx announced a leadership transition, with founder Fred Smith stepping down as CEO. Raj Subramaniam will succeed him. Smith will transition to the role of Executive Chairman, focusing on strategy and global issues. Industry experts highly praised Smith's contributions to the logistics industry and expressed anticipation for Subramaniam's leadership in guiding FedEx into the future. This marks a significant shift for the company as it navigates the evolving landscape of global commerce and logistics.

01/19/2026 Logistics
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Fedex Revises Strategy to Tackle Supply Chain Challenges Through 2025

Fedex Revises Strategy to Tackle Supply Chain Challenges Through 2025

FedEx's strategic adjustment, suspending Sunday deliveries in some areas, reflects economic downturn pressures. The logistics industry faces ongoing volatility and policy uncertainties through 2025. Companies need to embrace digital transformation, build diversified supply chains, and strengthen risk management to enhance flexibility and sustainability. Only by adapting to these changes can businesses thrive in this dynamic environment. This proactive approach is crucial for navigating the evolving landscape and ensuring long-term success amidst the challenges.

01/01/2026 Logistics
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Fedex Q3 Earnings Miss Withdraws Fullyear Forecast Amid Pandemic Challenges

Fedex Q3 Earnings Miss Withdraws Fullyear Forecast Amid Pandemic Challenges

FedEx's Q3 performance fell short of expectations, with a significant drop in net profit due to the pandemic, rising costs, and other factors. The company has suspended its full-year earnings forecast and is taking measures to address the challenges. While facing difficulties, FedEx Ground performed strongly, and the company is actively adjusting its strategies to adapt to the changing market environment. They are focusing on cost optimization and streamlining operations to improve profitability and navigate the current economic headwinds.

01/15/2026 Logistics
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Fedex Shares Drop As USPS Considers New Air Cargo Partners

Fedex Shares Drop As USPS Considers New Air Cargo Partners

FedEx faces challenges in renewing its contract with the United States Postal Service (USPS) as it nears expiration. USPS's air freight reduction significantly impacts FedEx's performance, requiring both companies to balance cost control and profitability improvement. The future direction of their collaboration will profoundly affect the operations and networks of both FedEx and USPS. Negotiations will need to address how to maintain service levels while adapting to changing market dynamics and USPS's evolving needs. The outcome will be crucial for both companies' long-term strategies.

Fedex Elroy Air Launch Autonomous Drone Delivery for Midrange Logistics

Fedex Elroy Air Launch Autonomous Drone Delivery for Midrange Logistics

FedEx Express is collaborating with Elroy Air to develop the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system. The Chaparral drone will be used for mid-mile logistics, transporting goods within a 300-mile range without the need for additional infrastructure. This initiative aims to enhance service to remote areas, reduce operational costs, and align with sustainability goals. This partnership marks a significant step forward in the advancement of drone logistics and its potential to revolutionize the cargo transportation industry.

01/15/2026 Logistics
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8 Effective Techniques for Freight Forwarders to Improve Cargo Acquisition

8 Effective Techniques for Freight Forwarders to Improve Cargo Acquisition

This article summarizes eight key techniques for freight forwarders to enhance cargo acquisition efficiency. These include treating customers sincerely, establishing pricing advantages, consistently focusing on customers, maintaining good customs relationships, improving document capabilities, building strong ties with shipping and insurance companies, and identifying potential clients. Through effective communication and service, freight forwarders can gain a competitive edge in a fierce market.

07/21/2025 Logistics
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B2B Platforms Vs Google Ads Customer Acquisition Guide for Exporters

B2B Platforms Vs Google Ads Customer Acquisition Guide for Exporters

This article compares and analyzes the differences between Google Ads and B2B platforms in terms of foreign trade customer acquisition. It points out that Google Ads is more conducive to precise traffic generation and brand building, while B2B platforms face homogeneous competition. The article suggests that foreign trade companies should choose appropriate promotion channels and develop effective marketing strategies based on their own circumstances. Ultimately, a tailored approach considering budget, target audience, and desired outcomes is crucial for successful international lead generation.

STB Probes BNSF Acquisition Costs in Rail Rate Fairness Review

STB Probes BNSF Acquisition Costs in Rail Rate Fairness Review

The U.S. Surface Transportation Board (STB) held hearings regarding Berkshire Hathaway's acquisition of BNSF Railway, focusing on the impact of the acquisition premium on rail freight rates. Shippers expressed concerns that the premium would be passed on to freight rates, while BNSF argued the impact would be minimal. Experts pointed out that BNSF is the only railroad allowed to value its assets at market prices, which differentiates its cost basis from other companies. The debate centers around whether this unique accounting practice allows BNSF to justify higher rates compared to its peers.

Which of the World's Top 4 International Couriers Is Best?

Which of the World's Top 4 International Couriers Is Best?

This article analyzes four major international express companies: UPS, FedEx, TNT, and DHL. UPS is known for its strong transport infrastructure and service coverage, while FedEx offers diverse solutions through its subsidiaries. TNT holds a significant advantage in the European market, and DHL enhances customer experience through innovative services. Consumers should choose the right express company based on their needs or seek advice from logistics agents.