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Posts Tagged ‘fedex’

FedEx ends express delivery contract with Amazon

FedEx will not renew a contract with Amazon to provide express delivery for the e-commerce giant’s packages in the United States. FedEx, which made the announcement Friday, said in a statement the change would not affect other existing contracts with Amazon or international services. FedEx Express only impacts air services. FedEx will still serve as ...

China lays out official stance on trade talks with U.S.

On Sunday, China released a comprehensive white paper to formalize its positions on trade negotiations with the U.S. The set of statements come as the trade war escalates and Beijing threatens to hit back with a retaliatory blacklist of U.S. firms. Here are some key takeaways from the press conference announcing the white paper: U.S. ...

Huawei reassesses FedEx relationship over ‘misrouted’ packages

Huawei is understandably reexamining a number of relationships in the wake of a recent U.S. trade ban. While various component and software providers including Google and ARM have suspended dealings with the Chinese hardware giant, the latest issue comes from an altogether different source.  The company told Reuters this week that it’s reassessing its relationship ...

Jeff Bezos personally dumps a truckload of dirt on FedEx’s future

Amazon want to be plenty of things, the most predictable of which is its ambitions to control America’s shipping backbone. The company’s efforts to bring users whatever they desire in 24 hours requires movements by land, air and sea. Today, the company broke ground on expanding its airborne ambitions, breaking ground on a three million ...

JD.com to foster connected vehicle fleets with $55M investment

JD.com, the Chinese answer to Amazon and Alibaba’s long-time rival, is looking to further automate its logistics network after agreeing to pour 376 million yuan (around $55 million) into Jiangsu Xinning Modern Logistics in exchange for up to 10 percent stake. That’s according to a filing released on Monday by Xinning, a China-listed logistics firm ...

You can now take your Amazon returns to all Kohl’s stores

It’s one thing to be able to get everything delivered to your doorstep, it’s another to then have to actually have to leave your home, brace the elements and return those things that just didn’t work out (or work at all). Typically, that means a run to your local FedEx or UPS store. For the ...

How Nuro plans to spend Softbank’s $940 million

Autonomous delivery startup Nuro is bursting with ideas since SoftBank invested nearly $1 billion in February, new filings reveal. A recent patent application details how its R1 self-driving vehicle could carry smaller robots to cross lawns or climb stairs to drop off packages. The company has even taken the step of trademarking the name “Fido” ...

FedEx’s new autonomous delivery bot has iBot wheelchair DNA

FedEx is a courier delivery and logistics company; and in 2019, that means it must also have an autonomous delivery bot. The delivery services company, known for its overnight shipping, unveiled Wednesday an autonomous delivery device called SameDayBot. The bot, which will be tested this summer in select markets including FedEx’s hometown Memphis, is being ...