Government, Business, Logistics

FedEx, UPS Say Local Sick-Pay Laws Don’t Apply to Them

Jochen Bullerjahn/Flickr

Fed up with state and local laws that require private employers to offer paid sick days, the airlines and railroads have filed suit, claiming that the interstate nature of their businesses should make them exempt.

Jeff Green | Bloomberg News
June 21, 2018

FedEx Reports 4Q Profit That Beats Expectations

FedEx Express truck Thomas Hawk/Flickr

Buoyed by growth across its operating units, FedEx Corp. reported increases in revenue and profit for its fiscal fourth quarter and full-year 2018.

Dan Ronan | Associate News Editor
June 19, 2018
Business, Technology, Logistics, Top 100

UPS Plans Rate Hike for Heavy Freight as E-Commerce Volume Grows

UPS parcels (David Paul Morris/Bloomberg News)

UPS Inc. will increase its over-the-maximum limits and the oversize pallet-handling surcharge to $650 from $500 beginning June 4.

Dan Ronan | Associate News Editor
May 29, 2018
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