FedEx reduces U.S. Sunday deliveries as e-commerce cools
FedEx accelerated the rollout of Sunday service in 2020 to handle an historic increase of residential deliveries after COVID-19 spurred lockdowns to stem the spread of the virus.
FedEx accelerated the rollout of Sunday service in 2020 to handle an historic increase of residential deliveries after COVID-19 spurred lockdowns to stem the spread of the virus.
The Postal Service now wants 50% of its initial purchase of 50,000 next-generation vehicles to be electric, up from the previous plan for 20% being electric.
Aviation authorities in the U.S. and elsewhere are preparing to relax some of the safeguards they imposed to regulate a boom in off-the-shelf consumer drones over the past decade.
Congress mustered rare bipartisan support for the Postal Service package, dropping some of the more controversial proposals to settle on core ways to save the service and ensure its future operations.
Congress would lift onerous budget requirements that have helped push the Postal Service deeply into debt and would require it to continue delivering mail six days per week under bipartisan legislation the House approved Tuesday.
Grocery chain Kroger this month opened an east-side fulfillment center to facilitate home delivery in Indianapolis and Richmond.
Nearly 3.4 billion parcels are expected to crisscross the country this holiday season, representing an estimated increase of about 400 million compared with last year.
U.S. Postal Service officials say they have the staffing and resources to handle the coming onslaught of holiday packages, and avoid a repeat of the disastrous 2020 season that brought mail delivery to a crawl.
The package delivery company said Tuesday that its costs are up $450 million in the most recent quarter, as it paid higher wages as it got harder to find new workers and demand for shipping increased.
The strategy announced Tuesday will pit Walmart against the likes of Uber, DoorDash and other delivery services. It comes as Walmart moves to expand its sources of profits and revenues beyond its core retail businesses.
The demonstration comes as Dronedek prepares a move to Lawrence, where it’s renovating a long-vacant building at 4423 Shadeland Ave. into its new headquarters.
Philadelphia-based GoPuff, a fast-growing company that entered the Indianapolis market in 2018, currently operates three micro-fulfillment centers here and plans to open two more.
Three pilot programs planned for this year are more than just robo-taxi and delivery-bot science experiments. They’re dry runs for the real thing—possibly coming soon.
A former labor leader and Obama administration official was elected Tuesday to serve as chair of the U.S. Postal Service Board of Governors, marking the first step in a potential shakeup under President Joe Biden.
DroneDek, an Indianapolis-based startup, said it has raised more than $1.25 million to support its upcoming product launch.
As a homebound nation increasingly shops online for holiday gifts, private express carriers FedEx and UPS have cut off delivery service for some retailers, sending massive volumes of packages to the Postal Service and creating major delays.
U.S. online holiday sales are expected to shatter previous records. Adobe Analytics, which measures sales at 80 of the top 100 U.S. online retailers, predicts a total of $189 billion in online holiday sales, a 33% increase compared to last year.
Raj Subramaniam, president and chief operating officer at FedEx, said the company achieved “the growth that we expected to see over a period of three to five years … in a period of three to five months.”
The delivery giants have seen a boom in residential deliveries since lockdowns kept consumers out of stores, and fear of contracting the virus has limited their shopping trips.
The 4-year-old company uses proprietary software and legions of small farmers and gig drivers to create an Amazon-like system that delivers fresh produce, meats, dairy products and other local food.