FedEx plans to close three shipping centers in the U.S. as part of its Network 2.0 initiative, with the first closure in Lexington, Kentucky, set for March 3, affecting 122 employees. The closures in Staten Island, New York, and Erie, Pennsylvania, are scheduled for June, but specific layoff details are pending. This initiative aims to merge FedEx’s Express and Ground networks, resulting in a 10% reduction in costs in areas where it’s implemented. FedEx has already optimized 200 stations and aims for 250 by the end of fiscal 2025.

Source: https://www.supplychaindive.com/news/fedex-network-2-new-york-pennsylvania-kentucky/738913/