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Stock impact report

FedEx's next AI leap to feature RFID, robotics [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
Editor's note: This story is the first in a three-part series about how parcel delivery providers are using AI to strengthen their operations and service performance. FedEx plans to further scale its use of AI over the next several years to power physical assets like RFID sensors and robotic systems, an undertaking that aims to boost network reliability and shipper connectivity. AI and data analytics are already embedded in various FedEx operations, including forecasting, routing and capacity management. Every day, FedEx plans and optimizes 100,000 first-mile and last-mile transportation routes via AI, according to Bala Vaidyanathan, VP and lead for data and AI at FedEx. The company also uses AI to balance its middle-mile network to ensure airplanes and trucks travel as full as possible, Vaidyanathan said in an interview with Supply Chain Dive. But the carrier's AI journey is far from over. By 2028, FedEx plans to have AI integrated into more than 50% of its core operational wo Show less Read more
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