FedEx Express

Business, Technology, Fuel, Top 100

Ryder Buys 900 Commercial Electric Vehicles From Chanje

FedEx Chanje vehicle Ryder System Inc.

Ryder System Inc. announced it is buying 900 Class 5 electric vehicles from truck maker Chanje Energy Inc., and that FedEx Corp. will lease the vehicles from Ryder and buy 100 of the same all-electric trucks itself.

Roger Gilroy | Staff Reporter
November 27, 2018
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