UPS slashes less-profitable Amazon volumes
UPS has announced that it will be reducing the volumes it handles for Amazon by ...
Presumably the top brass at FedEx are not happy with the company’s Ground unit, but this is nothing compared to the frustration felt by subcontractors working for the outfit.
In an open letter, more than 800 of the 5,000-plus operators working for FedEx Ground expressed grievances over problems they claim are eating into their profitability.
They claim FedEx vastly overestimated peak season volumes in its projections. According to the independent service providers (ISPs) who signed the letter, FedEx Ground predicted 30%-40% for ...
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