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FedEx preps to further reduce Sunday delivery services
| 题名： | FedEx preps to further reduce Sunday delivery services |
| 正文语种： | eng |
| 作者： | Jeff Herman |
| 摘要： | AFTER STATING IN JULY that it was preparing to cut down on its Sunday delivery services in remote and rural areas of the U.S. from 95% to 80% of the U.S. population, Memphis-based global freight transportation and logistics services provider FedEx is now reducing its Sunday delivery footprint to around 50% of the country, according to various reports. This development does not come as a surprise, as the company indicated in September that it planned to take various cost actions through the end of fiscal year 2023, with a focus on mitigating reduced demand. One of the key focus areas it announced, at that time, was the reduction of Sunday operations at a number of FedEx Ground locations, with FedEx president and CEO Raj Subramaniam saying that, in regards to the company's plans to cut costs, FedEx was prioritizing cost actions to generate around $3.7 billion in savings relative to the company's initial fiscal 2023 business plan, which was upwardly revised from an initial estimate of $2.2 billion to $2.7 billion in savings. |
| 出版年： | 2023 |
| 期刊名称： | Logistics Management |
| 卷： | 62 |
| 期： | 2 |
| 页码： | 12,14 |
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