NEWS ALERT! - FedEx cutting out deliveries in some markets
FedEx cutting out deliveries in some markets on Sundays
Fox Business 7/22/2022
FedEx Corp is cutting back on Sunday deliveries in some low-density, rural U.S. markets.
The suspension of service will go into effect Aug. 15.
The company started Sunday deliveries after the COVID-19 pandemic hit causing a jump in demand as people placed orders while staying home.
FedEx says the move to cut back will help to increase the efficiency of its Ground unit which handles the bulk of the company’s e-commerce home deliveries and reaches nearly 80% of the U.S. population on Sundays.
FedEx is optimizing its delivery network based on market conditions and customer needs, the company said in an emailed statement to Reuters.
“We accelerated the rollout of Sunday residential delivery coverage to nearly 95% of the U.S. population. As economic conditions have shifted, we are making operational adjustments to suspend Sunday delivery operations,” the statement said.
The specific markets that would be affected have not been revealed yet.
At least two brokerage firms had cut its target price on FedEx’s stock earlier this month.
Should anyone consider reviewing their shipping times?
Anyone going use FedEx less after this?
NEWS ALERT! - FedEx cutting out deliveries in some markets
FedEx cutting out deliveries in some markets on Sundays
Fox Business 7/22/2022
FedEx Corp is cutting back on Sunday deliveries in some low-density, rural U.S. markets.
The suspension of service will go into effect Aug. 15.
The company started Sunday deliveries after the COVID-19 pandemic hit causing a jump in demand as people placed orders while staying home.
FedEx says the move to cut back will help to increase the efficiency of its Ground unit which handles the bulk of the company’s e-commerce home deliveries and reaches nearly 80% of the U.S. population on Sundays.
FedEx is optimizing its delivery network based on market conditions and customer needs, the company said in an emailed statement to Reuters.
“We accelerated the rollout of Sunday residential delivery coverage to nearly 95% of the U.S. population. As economic conditions have shifted, we are making operational adjustments to suspend Sunday delivery operations,” the statement said.
The specific markets that would be affected have not been revealed yet.
At least two brokerage firms had cut its target price on FedEx’s stock earlier this month.
Should anyone consider reviewing their shipping times?
Anyone going use FedEx less after this?
4 respostas
Seller_3N7yVnTXPzLkL
Never ever going to use FEDEX ground for anything I ship.
Usually stop ordering from anyone who uses FEDEX Ground to ship to me.
FEDEX is getting the results it earns from this inferior service.
Seller_T5Mv3ZCUSh7Zl
Anyone really mad they clicked on this because of the Title and now feel cheated and duped?
Seller_9oQVYyn6LnWNh
Will I use FedEx less No. I will continue to use FedEx as they give me a better deal than UPS
Will I change my transit times ? No . Amazon does not calculate Sunday as a transit day as far as I can tell.
If they did how would anyone be able to offer 1 day or 2 day delivery every delivery to a business will cause a late shipment on your metrics
Seller_xgE8VKcHiSfnv
My supplier switched to FEDX from UPS back in Jan.
Been two delivery problems so far and on the first I did have to call FEDX three times for a return to be picked up. However the supermarket down the street is an access point so in those rare cases I drop it off there. Problem solved.
Best part is deliveries are often here before noon while with UPS they arrive between 4-7pm. If I order stock on a Friday like I plan to shortly it will arrive here on Sunday with UPS it would arrive Tuesday.