Business, Technology, Logistics

FedEx CEO Fred Smith Sees Blockchain as ‘Next Frontier’ for Logistics

Akos Stiller/Bloomberg News

Convinced that blockchain is on the brink of transforming the package-delivery business, FedEx Corp. is testing the technology to track large, higher-value cargo.

Thomas Black | Bloomberg News
May 16, 2018
Business, Logistics

FedEx to Shift $6 Billion in Pension Obligations to MetLife

Michael Nagle/Bloomberg News

FedEx Corp. is transferring $6 billion in U.S. pension obligations to MetLife Inc. to reduce administrative costs.

Mary Schlangenstein and Katherine Chiglinsky | Bloomberg News
May 9, 2018
Business, Logistics

FedEx Rolls Out First Hydrogen-Fueled Delivery Van in New York

Scott McIntyre/Bloomberg News

FedEx Corp. has begun delivering packages in upstate New York with its first hydrogen-powered van in North America.

Chris Martin | Bloomberg News
May 1, 2018
Business, Safety, Top 100

FedEx Office Imposes Photo ID Policy in Response to Austin Bombings

Mike Mozart/Flickr

FedEx Office has started asking customers to show photo identification when mailing packages from one of its 1,900 stores.

Maria Halkias | The Dallas Morning News
April 30, 2018
Business, Top 100

FedEx Plane Becomes Learning Tool for College Students in Dayton

Boeing 727 aircraft, foreground, sit on the tarmac at the FedEx Express hub at Memphis International Airport in Memphis, Tenn., on Friday, Dec. 11, 2009. (Daniel Acker/Bloomberg News)

An airplane given to the Beavercreek City Schools by FedEx Express now will be used by Sinclair College students after the Greene County district found it would cost nearly $4 million to move and rehabilitate the plane.

Will Garbe and Caroline Reinwald | Dayton (Ohio) Daily News
April 6, 2018
Business, Technology, Equipment

FedEx Orders 20 Tesla Semis

Tesla CEO Elon Musk with Semi electric truck Tesla CEO Elon Musk unveiled the Semi electric truck in November. (Tesla)

FedEx Corp has ordered 20 of the Tesla Semi electric trucks for its FedEx Freight less-than-truckload unit.

Transport Topics
March 27, 2018

Texas Bombing Suspect Is Dead

Interim Austin Police Chief Brian Manley Interim Austin Police Chief Brian Manley, right, by Eric Gay/Associated Press

ROUND ROCK, Texas — The suspect in the recent deadly bombings in Austin and at a FedEx distribution center near San Antonio blew himself up March 21 as authorities closed in on him, bringing a grisly end to a three-week manhunt. But police warned that more bombs could be out there.

Jim Vertune | Associated Press
March 21, 2018

FedEx Reports Solid Quarter, Expands Walmart Deal

FedEx Mark Lennihan/Associated Press

FedEx Corp. reported results for its fiscal third quarter ending Feb. 28, with net income of $2.1 billion, or $7.59 earnings per share, compared with $562 million, or $2.07 a share, in the same period in 2017.

Burney Simpson | Staff Reporter
March 20, 2018
Business, TCA

FedEx Office to Open in 500 Walmart Stores Across US in Next Two Years

Mike Mozart/Flickr

You can get everything from food and clothing to tools and toys at Walmart. Now, add packing and shipping to that list.

Zlati Meyer | USA Today
March 20, 2018
Business, Logistics

Explosion at FedEx Facility in Texas Follows Bombings in Austin

In this frame from video, FedEx trucks line a distribution center where a package bomb exploded early, March 20 in Schertz, Texas. Authorities believe the explosion is linked to the recent string of Austin bombings. (WOAI San Antonio via AP)

U.S. federal authorities investigated an explosion early March 20 at a FedEx Corp. facility in Schertz, Texas, following a series of bombs that exploded this month in Austin and left two people dead.

Paul J. Weber and Will Weissert | Associated Press
March 20, 2018