FedEx and UPS add 'China fee' ahead of the end of de minimis
In the final weeks before US de minimis exemption for parcels from China ends, UPS ...
© Paulus Rusyanto
FedEx has fallen on hard times. And every analyst I know dashes off creatively titled articles, almost on a daily basis, hypothesising on who should acquire the parcel giant.
Newsflash folks: FedEx is not for sale.
OK, so it made a mistake buying TNT Express, and it’s taking forever to integrate this once-great European company. And please, don’t even bring up the MyPetya virus that cost FedEx some $300m to fix.
Seriously, the due diligence on this acquisition seems to have lacked skill, knowledge ...
Comment on this article
Jeremy F.
December 11, 2020 at 8:55 pmThey may not be for sale, but they are certainly on the road to bankruptcy, which for upper management will likely be a far more profitable outcome. Given the decline in their quality and customer support over the past year (that began well before COVID kicked in), I can only hope that vendors and customers both demand any other shipping company out there. It’s ridiculous that customers who now depend on deliveries far more than before COVID have to put up with a company that has basically given up on itself.