FedEx

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.

Courtney Dentch and Esha Dey | Bloomberg News
December 19, 2018
Business

FedEx Reports Strong 2Q Earnings

A FedEx Express truck makes deliveries Christopher Dilts/Bloomberg News

FedEx Corp. reported a 20.6% increase in net income in its fiscal second-quarter financial results released Dec. 18.

Dan Ronan | Associate News Editor
December 18, 2018
Business, Technology, Logistics

Amazon Thrives on FedEx Delivery Model, but Driver Pay Challenges Persist

Amazon Van Amazon Prime delivery van. (Bloomberg News)

Five years on, Amazon.com Inc.’s chief executive officer is betting on decidedly more terrestrial technology: Drivers. As in real people. Tens of thousands of them. High-tailing it through town in gas-slurping vans to leave packages on doorsteps just like the milkman, postal worker, UPS guy and pizza dude before them.

Spencer Soper and Thomas Black | Bloomberg News
December 17, 2018
Business, Logistics, Top 50, Top 100, TCA

Holiday Shipping Deadlines for Amazon, USPS, UPS, FedEx

UPS Getty Images

Procrastinators take note: The deadline is fast approaching to get those gifts in the mail to arrive by Christmas Eve.

Doreen Christensen | Sun Sentinel
December 13, 2018
Business

FedEx Express President David Cunningham to Retire Dec. 31

David Cunningham and Rajesh Subramaniam David Cunningham (left) and Rajesh Subramaniam via FedEx

FedEx Corp. on Dec. 7 announced that FedEx Express President and CEO David Cunningham will retire effective Dec. 31.

December 10, 2018
Business, Logistics

FedEx Announces Rate Increases for 2019 as Demand Grows

FedEx Freight trailers Sean Davis/Flickr

FedEx Corp. will raise general rates on Jan. 7, according to a statement the company released on Nov. 5, reflecting tight capacity and greater demands from a strong economy.

Jim Stinson | Staff Reporter
November 8, 2018
Business, Logistics, Top 50, Top 100

FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity

FedEx Truck Mark Lennihan/Associated Press

FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.

Thomas Black | Bloomberg News
November 5, 2018
Business, Logistics, TCA

Second FedEx Ground Station Opens in Oklahoma City

FedEx Sign Steve Helber/associated Press

FedEx Corp. has operated one 180,000-square-foot shipping station in Oklahoma City since 2006, and on Oct. 16 it celebrated the grand opening of a 270,000-square-foot shipping facility in north Oklahoma City to more than double its warehouse space in the area.

David Dishman | The Oklahoman (Oklahoma City, Okla.)
October 17, 2018
Government, Business

FedEx Downplays US-China Trade Spat’s Impact on Its Business

A FedEx Express truck makes deliveries Christopher Dilts/Bloomberg News

DALLAS — Shortly before the Trump administration announced a new round of tariffs against Chinese goods, FedEx Corp. leaders tried to assure investors Sept. 17 that a widening trade war will have little direct effect on the company.

David Koenig | Associated Press
September 18, 2018
Business

FedEx Profits Soar, Revenue Rises in Fiscal First Quarter

Mark Lennihan/Associated Press

FedEx Corp. boosted its full-year profit outlook Sept. 17 as the shipping giant reported mixed financial results for the first quarter of its 2019 fiscal year.

Roger Gilroy | Staff Reporter
September 17, 2018

Pages