Business, Logistics

FedEx Will Shun Most Home Holiday Fees, Unlike UPS

FedEx and UPS Plane Tomás Del Coro/Flickr

FedEx Corp. will forgo most holiday surcharges on home deliveries this year, drawing a contrast with plans for stepped-up fees at UPS Inc. amid a surge in online shopping.

Mary Schlangenstein | Bloomberg News
August 3, 2017
Business, TCA

FedEx Announces Retirement of Legal Chief Christine Richards

FedEx Corp.’s chief legal officer, Christine Richards, is retiring Sept. 30.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
July 21, 2017

FedEx Says Cyberattack Will Hurt Earnings as TNT Systems Damaged

TNT truck and kid Clemens v. Vogelsang/Flickr

FedEx Corp. said information systems at its TNT delivery unit may not fully recover from a June cyberattack, reiterating that the incident will hit the company’s financial results.

Mary Schlangenstein | Bloomberg News
July 17, 2017
Business, Equipment, Logistics

Intermodal Operators Expand in E-Commerce as Online Retailers Seek to Control Costs

Train Jerry Huddleston/Flickr

Intermodal rail and trucking companies are competing to meet the transportation needs of e-commerce businesses while adapting to how these new supply chains differ from those of traditional brick-and-mortar retailers.

Ari Ashe | Staff Reporter
July 13, 2017
Business, TCA

FedEx Planning Van Facility in Colorado

FedEx van sunsurfr/Flickr

FedEx Corp. is planning a major van facility in Louisville as it expands and modernizes its ground service, according to documents on file with the Louisville Planning Department.

Jerd Smith | Daily Camera (Boulder, Colo.)
July 13, 2017
Business, Technology

FedEx, Boeing Announce Big Cargo Freighter as Next ‘Flying Testbed’

FedEx Corp.

A Boeing 777 made for FedEx Express will be the latest in the aircraft manufacturer’s ecoDemonstrator series of planes designed to test emerging technologies.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
July 7, 2017
Business, Technology

FedEx’s TNT Unit ‘Significantly’ Affected by Cyberattack

Colin McPherson/Bloomberg News

FedEx Corp. said the worldwide operations and communications systems of its TNT Express unit in Europe have been “significantly” affected by a cyberattack, causing delays in deliveries.

Mary Schlangenstein | Bloomberg News
June 29, 2017
Business, Logistics

FedEx Posts $3 Billion Profit in Fiscal 2017; Freight Division Lags Express, Ground

FedEx truck Christopher Dilts/Bloomberg News

FedEx Corp. reported a sharp increase in annual profits, rocketing 65% year-over-year and easily beating forecasts by a consensus of industry analysts.

Ari Ashe | Staff Reporter
June 26, 2017
Business, Logistics

FedEx to Open Distribution Center in Ohio

FedEx distribution center in Dayton Dayton Daily News/YouTube

FedEx Corp. will open a new distribution center outside South Dayton, Ohio, in a couple of weeks, a company spokesman confirmed with Transport Topics.

Laurie Wiegler | Staff Reporter
June 24, 2017

FedEx Makes Civic 50 List of Most Community-Minded Companies

FedEx Cares FedEx Corp.

FedEx Corp. has been named to the Points of Light Civic 50, a list of most civic-minded U.S. companies.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
June 22, 2017