Transport Topics (Sept. 21, 2021) - Transport Topics

What this episode covers

FedEx announced a plan to spend more than $100 million to improve its delivery van safety. Improving safety and installing cameras will reduce costs from accidents, which drag on short-term earnings at a time when the courier also is facing rising wage costs and other expenses. FedEx’s ground unit is offering to reimburse its contract drivers up to $1,500 per vehicle to install cameras and sensors that warn drivers of obstacles or other vehicles. The ground unit of FedEx operates about 72,000 vehicles. Approved suppliers include Brigade Electronics Group Plc and Continental AG. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Frequently Asked Questions

How long is this episode of Transport Topics?

This episode is 2 minutes long.

When was this Transport Topics episode published?

This episode was published on September 21, 2021.

What is this episode about?

FedEx announced a plan to spend more than $100 million to improve its delivery van safety. Improving safety and installing cameras will reduce costs from accidents, which drag on short-term earnings at a time when the courier also is facing rising...

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