DHL had a worse quarter than FedEx and UPS, with revenue falling 16.3 percent to $21 billion on operating profit of $1.8 billion, 26.1 percent lower than last year. The Express division ...

India's antitrust body is investigating domestic units of global delivery companies, such as Germany's DHL, U.S.-based United Parcel Service and FedEx , for alleged collusion on discounts and ...

In the past three months, FedEx shares are down 31.8% compared to a 4% drop for UPS and a 7.6% gain for Amazon, suggesting the market seems to think FedEx may be dealing with its own unique problems.

The deal with FedEx, signed in February, gives Amazon “cost favorability” compared with delivery rival UPS, Business Insider had reported, citing an internal document. REUTERS The agreement ...

India probe clears DHL, FedEx, UPS of price collusion allegations, document shows By Aditya Kalra December 6, 20245:27 AM PSTUpdated December 6, 2024 ...

In normal times, globe-spanning logistics groups such as Deutsche Post AG, FedEx Corp. and United Parcel Service Inc. quietly keep the economy humming. Covid-19 has recast that unassuming role in ...

FedEx is already getting to work on its ambitions to cut $4 billion in costs by fiscal 2025—and an additional $2 billion in the two years after—by delivering a $2 billion year-over-year ...

UPS announced Monday that it will become the primary air cargo provider for the United States Postal Service, in what it called a “significant partnership expansion,” replacing FedEx after the ...

UPS, which is often seen as a bellwether for global economic activity due to its vast logistics network, projected 2025 revenue to be $89 billion, which is significantly below the average analyst ...

Id. ¶¶ 25-26. Excerpt from IRS Notice 2016-30 The approved “designated delivery services,” last revised in 2016, contains 8 iterations of FedEx (see chart), 8 from DHL and 7 from UPS.

A falloff in such shipments could deprive companies like UPS, FedEx and DHL of a big source of revenue. Airlines, mainly those that carry only cargo, and smaller logistics companies could also ...

Amazon has hired FedEx to handle some of its large package deliveries, the companies said Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer and ...