FedEx said Friday that it will not renew the contract for domestic FedEx Express handling of Amazon shipmentsThe loss of the contract will be "minimal" to FedEx because it is a low-margin business
2 min read8 Jun 2019Huawei accused FedEx of diverting two packages sent from Japan and addressed to it in China to the USHuawei clarified that the parcels contained only documents and 'no technology'
1 min read29 May 2019The voluntary buyout will yield annual savings of as much as $275 million, FedEx said in a regulatory filing FridayThe maximum payment under FedEx’s buyout is two years’ pay. The offer expires at the end of May
1 min read20 Jan 2019Subramaniam, an IIT-Bombay graduate from Thiruvananthapuram, has been with FedEx for more than 27 years. He has held various executive-level positions in the company
1 min read27 Dec 2018The blast at the FedEx facility in Schertz, in San Antonio, was the fifth in the state in the last 18 days, and FBI is probing whether it was linked to a series of 4 bombs that hit the Texas capital this month
2 min read20 Mar 2018Maersk is trying to stop customers like Amazon.com and Alibaba from becoming competitors in just a few years' time
2 min read13 Feb 2018Amazon’s new experiment with a delivery service underscores its ambitions to expand its logistics operations and wean itself off the delivery networks of UPS and FedEx
4 min read6 Oct 2017From FedEx to AP Moller-Maersk, the global cyberattack has started to create real consequences at some businesses even as the virus's spread seems to be abating
4 min read29 Jun 2017Some of this love-hate relationship with Amazon's collaborators and customers is a natural consequence of a powerful company with its fingers in many pies
2 min read10 Apr 2017Amazon has agreed to a 50-year lease for about 900 acres of property from Northern Kentucky International Airport
1 min read1 Feb 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared