Government, Business, Logistics

Analysis: FedEx’s Good News Could Get Big League

A delivery truck stands in front of a FedEx Corp. shipping center in Miami. Scott McIntyre/Bloomberg News

FedEx Corp.’s delivery truck is heading in the right direction, but the turbo-charge from Uncle Sam won’t hurt. The $65 billion company reported earnings after the close of trading on Dec. 20, besting analysts’ quarterly estimates and raising its full-year outlook.

Brooke Sutherland | Bloomberg News
December 21, 2017
Business, Logistics

FedEx Profits Grow 11% in Fiscal 2Q, Beating Wall Street Forecasts

FedEx Ground trucks ABC 2 News-WMAR via YouTube

FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share.

Ari Ashe and Burney Simpson | Staff Reporters
December 19, 2017
Business, Logistics

FedEx, UPS Want to Steer Santa’s Packages to the Local Drugstore

Victor J. Blue/Bloomberg News

It’s that time of year again when online shopping surges and package deliveries soar -- along with costs and customer expectations.

Mary Schlangenstein and Michael Sasso | Bloomberg News
December 15, 2017
Government, Business

FedEx and UPS Surge as Investors Pick Winners From Tax Overhaul

Jochen Bullerjahn/Flickr

FedEx Corp. and UPS Inc. surged the most in more than a year Dec. 4 on expectations that they’ll reap particularly big gains from the tax-overhaul package making its way through Congress.

Michael Sasso | Bloomberg News
December 7, 2017
Business, Equipment, TCA

FedEx Adds Feeder Aircraft to Continue Fleet Upgrade

FedEx Sky Courier Textron Aviation

FedEx Express announced a major purchase of U.S.-assembled feeder aircraft Nov. 28 to continue a push to modernize its 659-aicraft fleet.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
November 28, 2017
Business, Equipment, Logistics, TCA

FedEx to Buy Up to 50 Planes to Upgrade Feeder Fleet

FedEx Corp.

FedEx will buy up to 50 new turboprop aircraft to launch a modernization of its global feeder fleet.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
November 8, 2017
Business, Logistics, TCA

FedEx, Walgreens Say Pickup/Drop Off Service Expanded to More Than 7,500 Walgreens

Phillip Pessar/Flickr

FedEx is in more than 92% of U.S. Walgreens stores, 10 months after the companies announced a push to expand consumer access to package pickup and drop off services.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
November 8, 2017
Business, Logistics, TCA

FedEx Holiday Season Surge Could Hit 400 Million Packages

Mark Lennihan/AP

FedEx expects to deliver 380-400 million packages this holiday season with three busy Mondays driving a record-breaking pace.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
November 2, 2017
Business, Safety

NTDC Champion Roland Bolduc Reflects on Victory Path

2017 Bendix Grand Champion Roland Bolduc reflects on what it took to become a national champion with TT's Eugene Mulero just hours after having his accomplishment recognized at MCE. (Joseph Terry/Transport Topics)

Transport Topics
October 24, 2017
Business, Safety

Scott Mugno Is the ‘Brain Coach’ to FedEx’s Championship Drivers

FedEx's Scott Mugno (left) Mugno (left) by Jennifer Wade/FedEx Ground

When FedEx Express’ Roland Bolduc claimed the Grand Champion prize at this year’s National Truck Driving Championships, he did so as part of a team of about 170 company drivers who were dominant in every class. While the skills required to claim those victories are varied and unique to the competitors, the company has for years relied heavily on one man to get its drivers ready: Scott Mugno.

Eugene Mulero | Staff Reporter
October 12, 2017