FedEx Express

Business, Logistics, Top 50, Top 100

FedEx Posts Loss in Q4, Shows Improvement From Year Ago

FedEx Ground truck A FedEx worker wearing a mask unloads a truck in Dallas, on May 27, 2020. Texas Gov. Greg Abbott allowed bars to open their doors at reduced capacity in the second phase of the state’s plan to restart the economy. (Cooper Neill/Bloomberg News)

FedEx said its fourth-quarter net income was a loss of $334 million, or negative $1.28 a share, compared with a loss of $1.97 billion, or negative $7.56 a share, in the 2019 period.

Dan Ronan | Associate News Editor
July 1, 2020
Business, Top 100

FedEx Names Don Colleran New CEO of Express

FedEx Corp. named company veteran Don Colleran president and chief executive officer of FedEx Express, the latest change linked to a shakeup of the shipping company’s top executives last month.

March 19, 2019
Government, Business, Technology, Logistics, Top 100

FedEx Express Agrees to Buy International Business From Israeli Firm

FedEx Express van John Sommers II for Transport Topics

FedEx Express is acquiring the international express delivery business of Flying Cargo Group, a company based in Israel that has been a service partner with FedEx since 1990, company officials announced Jan. 15.

January 25, 2019
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 | Senior 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