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The Centers for Medicare and Medicaid Services will be implementing prior authorization requirements for certain traditional fee-for-service Medicare services in six states, including Oklahoma, ...
We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.2 billion as of fiscal year-end 2024, which ended May, similar to levels posted in fiscal 2023 and fiscal ...
PYNQ, owned by former airline pilot Tara Wright, in 2021 spent $1.13 million to buy two FedEx Ground delivery areas with routes serving northern California's McKinleyville and Crescent City.
Although FedEx Ground drivers make less than half of their counterparts at UPS, operating margins at Ground were 9.4% on a trailing-12 months basis, compared with 10.4% for UPS’s U.S. domestic unit.
A former high-profile contractor said FedEx Ground, the ground delivery unit of FedEx Corp., (NYSE: FDX) must address the expected widening wage and benefit disparity between UPS Inc. (NYSE: UPS ...
FedEx Ground is nonunion, and its drivers aren’t even employees. They’re “independent contractors,” and therein lies a racket. The United Parcel Service’s tentative agreement with the ...
FedEx on Tuesday said it will merge its contractor-based Ground delivery operations in Canada into its company-operated Express unit and convert contractors into employees. The move, set to be phased ...
Overnight delivery pioneer FedEx is one of three large national carriers that dominate the for-hire small-parcel delivery landscape—FedEx and UPS are the major U.S. incumbents, while DHL Express ...
[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners, and those ...
Business Nation Nation & World Retail World FedEx to use Olympic-style rankings to weed out delivery contractors Jan. 31, 2023 at 2:08 pm Updated Jan. 31, 2023 at 5:21 pm By Thomas Black ...
Reuters also reported that contractors are unhappy with a new program that could cost them up to 3% of their revenue to offset accident liability costs. This was one of several issues raised by ...