FedEx plans layoffs at 5 facilities, impacting 843 employees
Aug 15, 2023 · FedEx will enact layoffs at five facilities over the next few months, impacting 843 employees, according to Worker Adjustment and Retraining Notification (WARN) Act notices. Two layoffs involve FedEx Ship Centers as the company moves forward with its network consolidation plan for its Express and Ground units.
FedEx Supply Chain facility announces layoffs in York County
Dec 20, 2024 · According to a WARN Notice filed with the Department of Labor & Industry, the FedEx Supply Chain, Inc. facility on 2901 Black Bridge Road in York County will be laying off 70 employees in the...
FedEx CEO touts 'scaled network' as supply chain challenges loom
Dec 19, 2024 · FedEx reported a mixed quarter Thursday after close and announced it plans to spin off its freight business into another publicly traded company, FedEx Freight. In a …
FedEx Supply Chain to lay off dozens in York County
Dec 26, 2024 · FedEx Supply Chain is laying off dozens of employees in York County right after the holidays. A WARN notice shows 70 people will lose their jobs at the facility on Black Ridge Road in Manchester ...
FedEx charges ahead with Network 2.0, rolling out ... - Supply Chain …
Mar 22, 2024 · FedEx is charging ahead with its plan to combine the delivery operations of its separate Express and Ground units, as “ Network 2.0 ” is now implemented in more than 50 locations across its network, President and CEO Raj Subramaniam said Thursday.
FedEx Corporation To Spin-Off FedEx Freight Business In 1H26
6 days ago · On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx ...
FedEx to consolidate stations, delivery routes in ... - Supply Chain …
Jun 29, 2022 · MEMPHIS, Tenn. — FedEx will consolidate portions of its network and promote more collaboration between its shipping segments under a new long-term strategy unveiled Wednesday. The logistics giant’s plan, known as “Network 2.0,” is meant to optimize the resources of FedEx Express, Ground and Freight.
FedEx invests in AI robotics company Nimble to boost its supply chain ...
Sep 5, 2024 · FedEx said on Thursday it has invested in AI robotics and autonomous technology company Nimble to help scale up the delivery giant's Fulfillment unit which aids small and medium-sized businesses...
Report Showcases “FedEx Effect” on Global Economy as Company …
Oct 24, 2024 · • Supply chain: In calendar year 2023, 90% of the suppliers FedEx contracted with were small businesses. The company’s spending with suppliers during this period supported approximately 400,000 jobs at small businesses around the world.
FedEx Announces Intent to Separate FedEx Freight, Creating Two …
Dec 19, 2024 · In fiscal year 2024, FedEx revenue totaled $78.3 billion across its remaining business segments. The Company provides a range of rapid, reliable, time- and day-definite delivery and related supply chain technology services to more than 220 countries and territories through an integrated air-ground express network.