Government, Business, Technology, Logistics, TCA

FedEx Practice of Diverting Delivery of Huawei Parcels Called a Political Ploy

China Smartphones stand on display at a Huawei Technologies Co. store in Shenzhen, China. (Qilai Shen/Bloomberg News)

FedEx Corp.’s reported practice of rerouting Huawei parcels to the United States without the Chinese company’s authorization demonstrates that the U.S. government is leaving no stone unturned to disrupt normal business activities, analysts said May 28.

Ma Si | Asia News Network
May 29, 2019
Business, Safety

Mississippi Driver Scott Osborne Takes Gold, Again

NTDC Grand Champion Scott Osborne of FedEx Freight (Mississippi Trucking Association)

The veterans took center stage at Mississippi’s Truck Driving Championships on April 26-27. Reigning Grand Champion Scott Osborne of FedEx Freight repeated his victory this year, scoring 300 points in the Flatbed division.

Marissa Gamache | Features Coordinator
May 3, 2019
Business, Technology, Logistics, Autonomous, Top 100

FedEx, UPS Strive to Automate Loading and Unloading Trucks

UPS Amazon boxes being loaded manually into a UPS delivery truck. (Daniel Acker/Bloomberg News)

As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from, they’ve been stumped at a crucial stage: loading and unloading trucks.

Thomas Black | Bloomberg News
May 3, 2019
Business, Logistics, Top 100

FedEx Earnings Take a Hit as International Shipping Slows

FedEx warehouse Mark Lennihan/Associated Press

FedEx Corp. reported higher revenue but lower profits in the third quarter of fiscal 2019 and cut its earnings forecast for the remainder of the year.

Daniel P. Bearth | Senior Staff Writer
March 19, 2019
Government, Business, Logistics, Top 100

Tennessee Panel OKs $10 Million for FedEx Project in Memphis

Gibson Guitar factory The former Gibson Guitar factory in Memphis. (Adrian Sainz/AP)

NASHVILLE, Tenn. — A Tennessee panel has approved a $10 million economic development grant to establish the FedEx Logistics headquarters in downtown Memphis.

March 11, 2019
Business, Technology, Autonomous

FedEx Introduces Same-Day Delivery Robot

jimmy Fallon and the FedEx Same Day Bot Jimmy Fallon's Feb. 26 show included a segment called "Showbotics," and the FedEx SameDay Bot made a guest appearance. (The Tonight Show Starring Jimmy Fallon via YouTube)

FedEx Corp. unveiled an autonomous delivery device designed to help retailers make same-day and last-mile deliveries to customers, showing off the robot on “The Tonight Show Starring Jimmy Fallon” on Feb. 26.

Jim Stinson | Staff Reporter
March 1, 2019
Business, Top 100

FedEx Names Raj Subramaniam New President, COO

David Bronczek and Raj Subramaniam Bronczek, Subramaniam via LinkedIn, FedEx

FedEx Corp. is elevating Raj Subramaniam to the position of president and chief operating officer in the wake of the departure of David Bronczek, who the company said is making a “personal decision” to retire.

Joe Howard | Executive Editor
February 15, 2019
Business, Logistics, Top 100

FedEx Logistics Announces Headquarters Move

Former Gibson Guitar factory in Memphis The former Gibson Guitar factory in Memphis. (Adrian Sainz/AP)

FedEx Logistics will move its global headquarters to the former Gibson Guitar factory building in Memphis, Tenn., according to a Feb. 12 press release.

February 13, 2019
Business, Technology, Logistics, Top 100

FedEx Introduces Way for Retailers to Outrace Amazon in Delivery

FedEx Truck Christopher Dilts/Bloomberg News

FedEx Corp., looking beyond Inc. for growth in e-commerce, is introducing a new late-night shipping option for retailers who want to speedily send orders directly to online customers.

Thomas Black | Bloomberg News
January 29, 2019
Business, Logistics

FedEx Stock Takes Beating on Bleak European Outlook

FedEx Truck Christopher Dilts/Bloomberg News

FedEx Corp. shares plunged Dec. 19, after its “jarring” cut to annual forecasts and bleak commentary about European economy and global trade alarmed the market.

December 19, 2018