FedEx News Updates

The Tennessee-based carrier's current customer base is led by three verticals: industrial (30%), transportation and logistics (15%) and consumer goods (14%).

DOT wrote to India’s aviation ministry, arguing that Adani Airport Holdings’ push to relocate freighters violates the bilateral Air Transport Agreement.

FedEx Chief Financial Officer John Dietrich will step down after the courier completes a planned spinoff of its freight division into a stand-alone company.

FedEx Freight plans to target improved market share among four segments of the less-than-truckload market as a stand-alone entity, according to top executives.

FedEx pilots reached a tentative labor agreement with the parcel company, marking a significant step toward resolving nearly five years of negotiations.

FedEx has said it’s separating the freight and parcel operations to better focus on each business.

FedEx Freight incoming CEO John Smith will deliver the opening keynote in Las Vegas on May 4, weeks before the unit spins off from FedEx on June 1.

FedEx remains on track with the planned spinoff of its freight division into a new publicly traded company, executives said while discussing Q3 results.

“How long are employees going to work and vendors going to show up if we're not paying them?" Postmaster General David Steiner said in an interview.

Garden Grove, Calif.-based chassis and truck manufacturer Harbinger said the truck would be available as both a battery-electric vehicle and a plug-in hybrid model.