FedEx vs Uber Eats

Christmas Decor Retailer Gordon Files for Chapter 11

Gordon Companies Inc., owner of Christmas Central, Christmas.com and Northlight, filed for Chapter 11 bankruptcy protection just ahead of the peak holiday season. The family-operated company, founded in 1977, estimated assets between $10 million and $50 million, with liabilities in a similar range, and between 200 and 999 creditors. FedEx and UPS are among the 20 largest unsecured creditors. The company attributed recent struggles to a failed inventory and order management system implemented by SAP reseller Vision33, which cost over $2 million and never performed properly, leading to order fulfillment issues and the suspension of selling on some marketplaces. A Target shipping delay was also cited. Gordon has about 350 associates and partners with major retailers including Target, Kohl's, Home Depot, Walmart, Amazon, Lowe's and Michaels. The bankruptcy filing was made in the Western District of New York.

• Gordon Companies Inc. filed for Chapter 11 bankruptcy protection in the Western District of New York.
• Assessed assets and liabilities are each between $10 million and $50 million.
• The company has between 200 and 999 creditors, with FedEx and UPS among the largest unsecured claims.

8-K Financial Filing Analysis for FedEx (2026-09-14)

Am 14. September 2026 hat die FedEx Corporation eine bedeutende mehrwährungsfähige Anleiheemission im Gesamtnennbetrag von 2,0 Mrd. Euro und 1,1 Mrd. US-Dollar über drei Tranchen von Senior Notes abgeschlossen. Die Euro-Tranchen umfassen 1,1 Mrd. Euro mit einem Kupon von 4,000 % fällig 2030 sowie 900 Mio. Euro mit 4,625 % fällig 2034; parallel dazu wurde eine USD-Tranche über 1,1 Mrd. US-Dollar mit 5,750 % fällig 2036 platziert, basierend auf Konsortialvereinbarungen vom 9. September 2026. Die Transaktion ermöglicht es FedEx und seinen operativen Tochtergesellschaften, die globale Kapitalstruktur zu optimieren, langfristige Liquidität an den europäischen und US-amerikanischen Rentenmärkten zu sichern und das Fälligkeitsprofil der Verbindlichkeiten bei robuster institutioneller Nachfrage zu verlängern.

• FedEx emittierte Euro-Senior-Notes über insgesamt 2,0 Mrd. Euro in zwei Tranchen: 1,1 Mrd. Euro zu 4,000 % fällig 2030 und 900 Mio. Euro zu 4,625 % fällig 2034.
• FedEx platzierte eine USD-Senior-Notes-Tranche im Umfang von 1,1 Mrd. US-Dollar mit einem Zinssatz von 5,750 % und Fälligkeit 2036.
• Die Underwriting Agreements wurden am 9. September 2026 unterzeichnet, und die Transaktionen wurden am 14. September 2026 final vollzogen.

FedEx Launches Shopify App for Duty and Tax Guarantee

FedEx has launched a new tool, FedEx Duty and Tax, available as a Shopify app for $99 per month, which provides merchants with a duty and tax cost guarantee at checkout. If actual duties and taxes exceed the amount shown, FedEx covers the overage, but no refunds are given if they are lower. This is part of a larger suite of tools called Global Trade Navigator, aimed at simplifying international shipping. The initiative addresses frequent customer surprise at import charges, especially amid changing tariff rates. FedEx's senior vice president of digital portfolio, Jason Brenner, noted the service is at parity or better with competitors and hinted at future expansion beyond Shopify. The broader suite includes tools for customs documentation, Harmonized System code lookup, and global trade APIs.

• FedEx launched FedEx Duty and Tax as a Shopify app for $99/month.
• The app guarantees duty and tax costs at checkout; FedEx covers overages.
• The tool is part of the Global Trade Navigator suite for international shipping.

Introducing voice: less tapping, more doing

Uber's blog features a new post about introducing voice in the driver app, reducing the need for tapping. Other new posts include 'Make the most of your day', 'How Uber Protects Against Retry Storms', and 'Large-Scale Automated Dependency Analysis Across Uber's Service Mesh'.

Large-Scale Automated Dependency Analysis Across Uber's Service Mesh

New engineering blog post published September 15, 2026, discussing automated dependency analysis across Uber's service mesh.

Uber Finances SSW Purchase in Delivery Hero Deal

Uber's multibillion-euro takeover of Delivery Hero includes a separate sale of Delivery Hero's operations in 14 countries, including Spain and Austria, to U.S. investment firm SSW Partners for ~$1.6 billion. Uber will finance the majority of SSW's purchase price via a loan, with repayment expected over time, possibly from a future sale. The main offer is €41.50 per share, valuing Delivery Hero's equity at $14.8 billion. The deal aims to consolidate the delivery market, reducing major players from four to three, and ease antitrust concerns by divesting overlapping markets. Regulatory approvals are needed from the European Commission and authorities in Austria, Spain, Poland, and Ecuador. Closing is expected in H2 2027, subject to conditions, with a €700 million reverse fee if the deal fails on regulatory grounds.

• Uber offers €41.50 per Delivery Hero share, valuing Delivery Hero at $14.8 billion.
• Delivery Hero sells operations in 14 countries to SSW Partners for ~$1.6 billion, a separate transaction conditional on Uber's offer.
• Uber provides a loan to SSW Partners covering the majority of the purchase price.