FedEx Strategic Alliance and Financial Investment with Nimble

FedEx has formed a strategic partnership and made a financial investment in Nimble, a company specializing in AI robotics and autonomous technology. The aim is to expand FedEx’s fulfillment services across North America.

The announcement can be viewed at https://newsroom.fedex.com/newsroom/global-english/fedex-announces-expansion-of-fedex-fulfillment-with-nimble-alliance

With freight demand still limited, parcel carriers are ramping up investments in automation to save time and money, increase accuracy, boost efficiency, and above all maintain their profit margins.