FedEx has partnered with reusable packaging provider Returnity to launch a collapsible, reusable shipping box designed for B2B shipments. Get the details here.
Latest In FedEx
The partnership will allow FedEx to leverage AI-powered robotic technology to load boxes into trucks and trailers.
The consolidation of operations is expected to save FedEx $4 billion.
The company's June-August revenue increased slightly on higher fees, while profits fell considerably.
Among other cuts, the company says it is reducing flights and closing 90 office locations after projecting major revenue shortfalls.
The old axiom of delivering what your customers want, when they want it and where they want it may be holding your distribution business back.
