FedEx

Business

Snow Disrupts FedEx Hub, But Memphis Airport Remains Open

Patrick T. Fallon/Bloomberg News

Snow disrupted operations at the FedEx Express Memphis hub overnight and prompted Delta Air Lines to cancel four Jan. 6 afternoon flights between Memphis and Atlanta.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
January 6, 2017
Business

FedEx Net Income Up 1.3% in 2Q, Tempered by Decline in LTL Profit

John Sommers II for TT

FedEx Corp. reported profits rose 1.3% for its fiscal second quarter versus one year ago, as growth was hampered by a decline in profitability at the less-than-truckload division, according to the company’s Dec. 20 earnings release.

Ari Ashe | Staff Reporter
January 2, 2017
Business

To Keep FedEx-Like Margins, China Logistics Firm Plans Cuts

ZTO Express

ZTO Express Inc., the first Chinese package-delivery company to list in the United States, said it needs to cut costs in China to maintain profit margins that exceed FedEx Corp.’s.

Bloomberg News
December 28, 2016
Business

FedEx Profits Rise 1% But Miss Analyst Targets

Victor J. Blue/Bloomberg

FedEx Corp. reported profits rose about 1.3% for its fiscal second quarter versus one year ago, but earnings before tax and interest dropped 13% in the freight division, according to company earnings released Dec. 20.

Transport Topics
December 21, 2016
Business

Surge in Online Ordering Has Package Delivery Firms Hopping

Vincent Desjardins/Flickr

A surge in online holiday shopping has national package delivery companies gearing up for record shipping days heading into Christmas and Hanukkah.

Jordan Graham | Boston Herald
December 19, 2016
Business

FedEx Shares Break $200 Barrier as Market Surges

Andrea Morales/Bloomberg News

FedEx shares hit $200 Dec. 13 for the first time, propelled by a stock market surge since the election of Donald Trump.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
December 14, 2016
Business

FedEx Chief Fred Smith Blasts Trump's Trade Policies

F. Carter Smith/Bloomberg News

FedEx chief Frederick Smith has gone on the offensive against President-elect Donald Trump's trade proposals, warning of dire consequences if the nation pursues the protectionist policies Trump espoused during the campaign.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
December 13, 2016
TCA

FedEx Focuses on Boxes, Marks Cyber Monday Peak

Luke Sharrett/Bloomberg News

At the lab in suburban Collierville outside Memphis, Tennessee, technicians use machines to drop, squeeze, smash and vibrate packages containing such items flat-screen TVs, Memphis barbecue, cakes and guitars.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
November 29, 2016
TCA

FedEx CEO Fred Smith Visits Trump Tower to Meet President-Elect

Aaron M. Sprecher/Bloomberg News

FedEx Corp. CEO Fred Smith met with President-elect Donald Trump on Nov. 17 in New York.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
November 18, 2016
TCA

Avalanche of E-Commerce Expected to Boost FedEx Shipping Volume This Holiday Season

Christopher Dilts/Bloomberg News

FedEx expects about 10% growth in holiday season shipping volume amid an avalanche of e-commerce.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
November 7, 2016

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