Move should unlock immediate gains for shareholders, but won’t tackle the logistics group’s bigger problem
Division could be worth more than $30bn, analysts say
An industry-wide fall in package volumes after two years of strong demand means the outlook is nothing to write home about
Examples of innovative services and advice developed by legal teams in Asia-Pacific
US company aiming to achieve $4bn in savings over two years
Markets had feared the company’s big earnings miss foretold broader economic strife
Package delivery group will close offices and park aircraft to help offset falling shipping volumes
Management must shoulder some blame as logistics group grapples with problems of its own making
What today’s tech titans can learn from a veteran disrupter
Low pay rates have contributed to labour instability as company struggles to hire and retain workers
One of corporate America’s longest-serving executives will stay on as executive chair at logistics giant
Aviation lobby says services will cause ‘incalculable’ disruption to passengers and cargo
Consumers and companies learn lessons from disappointments of past festive season
One US parcel business has done a better job of generating returns for shareholders but competition can only increase
Biden administration secures commitment from Walmart, UPS and FedEx to work round the clock
Logistics group reports record quarterly sales in lead-up to holiday season amid pandemic
ByteDance to put TikTok’s global business in a new US company with Oracle minority stake
Covid-19 has changed the economics of package deliveries and allowed couriers to raise prices
Air crew complain of tough conditions in city’s hospitals and quarantine facilities
FedEx shares slid on Tuesday after the transport group issued its second profit warning in three months
Shipping group cites weak economy, intense competition and rising costs
Logistics group has been probed by authorities repeatedly amid trade tension with US
Justin Trudeau apologises for wearing brownface makeup at a private school party in 2001
Logistics group blamed macroeconomic woes for profit warning, but may only have itself to blame
Shipping group is a bellwether of consumer and business activity but has issues of its own
