FW: FedEx to terminate nearly 500 jobs, close two facilities
FREIGHTWAVES reports: (via Yahoo…) FedEx plans to get rid of more than 480 workers and close two ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATES PPLD: TRADING UPDATEBA: TRUMP TRADEAAPL: SUPPLY CHAIN BET
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATES PPLD: TRADING UPDATEBA: TRUMP TRADEAAPL: SUPPLY CHAIN BET
Amazon is at last casting off two of its “most critical” partners, FedEx and UPS, and launching its own 3PL service, Shipping With Amazon. VentureBeat, citing a report in the Wall Street Journal, says the service will launch in LA before being rolled out to further destinations. Assuming the reports are true – with VentureBeat claiming Shipping With Amazon will deliver orders from business partners – the service will put the e-commerce outlier in direct competition with the companies that has kept it running.
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