FedEx
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
Government, Business, Technology, Safety, Autonomous

Capitol Agenda for the Week of Sept. 17: ‘Iggy,’ the Doctor of Truckology, Fondly Remembered

Chris "Iggy" Ignowski at 2016 NTDC Chris "Iggy" Ignowski received the Lifetime Volunteer Award at the 2016 National Truck Driving Championships in Indianapolis (John Sommers II for Transport Topics)

Chris Ignowski left a lasting impression at FedEx and the National Truck Driving Championships as a safety proponent whose knowledge of the industry's rules and regulations was unmatched.

Eugene Mulero | Staff Reporter
September 17, 2018
Government, Business

Parcel Giants, Logistics Companies Announce Hiring Plans Ahead of Holiday Season

FedEx distribution center on Cyber Monday Packages move along conveyor belts as employees work at the FedEx Corp. shipping center in Chicago on Cyber Monday in 2017. (Christopher Dilts/Bloomberg News)

Several of the shipping industry’s largest entities have unveiled their plans for holiday season hires. The temporary employees will help support an anticipated increase in packages beginning in November and continuing through January.

Joe Antoshak | Staff Writer
September 17, 2018
Logistics, TCA

FedEx Reaches Airfreight Deal With San Bernardino Airport

Woodys Aeroimages/Flickr

FedEx Express will begin operating daily cargo flights out of San Bernardino International Airport in October, under terms of a new 10-year agreement.

Brian Whitehead | San Bernardino County (Calif.) Sun
July 25, 2018
Business, Top 100

2018 Top 100 For-Hire Carriers: Acquisitions, Growth Boost Rankings

UPS tractor-trailer Daniel Acker/Bloomberg

There were big gains all around for the nation’s largest for-hire carriers, some driven by acquisitions and some by expansion in response to vigorous growth in demand for freight hauling.

Daniel P. Bearth | Staff Writer
July 16, 2018
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
Business

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

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