Mary Schlangenstein

Business, Logistics

FedEx Will Shun Most Home Holiday Fees, Unlike UPS

FedEx and UPS Plane Tomás Del Coro/Flickr

FedEx Corp. will forgo most holiday surcharges on home deliveries this year, drawing a contrast with plans for stepped-up fees at UPS Inc. amid a surge in online shopping.

Mary Schlangenstein | Bloomberg News
August 3, 2017

FedEx Says Cyberattack Will Hurt Earnings as TNT Systems Damaged

TNT truck and kid Clemens v. Vogelsang/Flickr

FedEx Corp. said information systems at its TNT delivery unit may not fully recover from a June cyberattack, reiterating that the incident will hit the company’s financial results.

Mary Schlangenstein | Bloomberg News
July 17, 2017
Business, Technology

FedEx’s TNT Unit ‘Significantly’ Affected by Cyberattack

Colin McPherson/Bloomberg News

FedEx Corp. said the worldwide operations and communications systems of its TNT Express unit in Europe have been “significantly” affected by a cyberattack, causing delays in deliveries.

Mary Schlangenstein | Bloomberg News
June 29, 2017
Business

UPS Adds Saturday Deliveries to Meet Online Shopping Demand

Szoki Adams/Flickr

UPS Inc. will add Saturday ground deliveries, making one of the biggest shipping-time changes in its 109-year history in response to rising demand from online shoppers.

Mary Schlangenstein | Bloomberg News
April 3, 2017
Business

FedEx Names Dave Bronczek to Newly Created Post of COO Starting 2018

Jay Mallin/Bloomberg News

FedEx Corp. named Dave Bronczek to the newly created post of chief operating officer and shifted the president’s title to him from company founder Fred Smith. 

Mary Schlangenstein | Bloomberg News
September 26, 2016
Business

FedEx CEO Calls Amazon Challenge Reports 'Fantastical'

FedEx CEO Fred Smith by Aaron M. Sprecher/Bloomberg

When FedEx Corp. CEO Fred Smith looks at Amazon.com, he sees a valuable customer — not a mortal danger.

Mary Schlangenstein | Bloomberg News
March 17, 2016
Business

FedEx to Hire 55,000 to Handle Online-Fueled Holiday Shipping

Victor J. Blue/Bloomberg News

FedEx Corp. will hire about 55,000 temporary workers to grapple with an expected 12% increase in shipping this holiday season, bolstered by an extra day of shopping and continued growth of online purchases.

Mary Schlangenstein | Bloomberg News
October 26, 2015
Business

FedEx Pilots Approve 6-Year Contract With Bonuses, Raises

Luke Sharrett for Bloomberg News

Pilots at FedEx Corp., owner of the world’s biggest cargo airline, approved a six-year contract that provides a signing bonus, annual increases in hourly pay and more options for health-care benefits.

Mary Schlangenstein | Bloomberg News
October 20, 2015

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