Today's Hard|Forum Post
Today's Hard|Forum Post

Thursday March 17, 2016

FedEx Says Retailers Should Be Paying More for Web Delivery

I'm not sure FedEx has thought this through. Doesn't the company realize that retailers could easily find another shipper instead of caving in to demands for more money? Imagine what would happen if online retailers dropped FedEx in favor of UPS or USPS? eek!

The company that handles your packages when they absolutely, positively have to get there overnight آ— or at least, sometime this week we hope آ— has been spending a lot more money on improving their own business, but isn’t bringing in as much as they had hoped, executives announced with recent financial filings. Capital expenditures this year have increased to $4.8 billion, but their third quarter net income still managed to drop by 19%.