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 ...
© Georgesheldon
By Ian Putzger
Judging from its latest results, unveiled last week, FedEx appears to be on the mend – but many questions are up in the air.
It did not help that the company presented little in the way of forward visibility. Owing to the disruptive impact of the Covid-19 virus, the company suspended its 2020 outlook – like DSV has done.
Dean Maciuba, director consulting services at Logistics Trends & Insights, reckons this is just as well.
“Their guidance has been horrible,” he said. “Not ...
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