FedEx suspends customer accounts to keep up with freight demand
June 24, 2021
FedEx has suspended about 1,400 customers of its Freight shipping service as it seeks to deal with unprecedented demand. A company spokesperson said FedEx took the action to “minimize network disruptions and balance our capacity and demand to avoid backlogs across the country — particularly in the most capacity-constrained Freight service centers.” Customers with suspended accounts are complaining that the action was taken without any warning or confirmation.
Recent News
TikTok Suspends TikTok Lite Rewards Program in the EU
A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the social media site.
FCC Votes To Restore Net Neutrality Rules
The Federal Communications Commission (FCC) voted 3-2 on Thursday to reinstate net neutrality rules that were rolled back during the Trump administration.
Blackstone To Buy Tropical Smoothie Cafe
Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe.
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.