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FedEx Express
Business, Logistics, For-Hire, Global Freight

FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

An employee sorts packages on a conveyor belt at a FedEx facility

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

Thomas Black | Bloomberg News
March 17, 2023
Business, Logistics, For-Hire, Global Freight

FedEx Pilots Plan Strike Authorization Vote as Labor Talks Stall

A FedEx Boeing 767-300F cargo plane

FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.

Mary Schlangenstein | Bloomberg News
February 23, 2023
Safety

FedEx Express’ Bolduc Looks to Turn Back the Clock

Five years ago, Roland Bolduc was grand champion at the National Truck Driving Championships. He's hoping history repeats itself in August.

Eugene Mulero | Senior Reporter
July 15, 2022
Business, Logistics, Top 100, TCA

FedEx to Invest $100 Million in Logistics Company in India

FedEx Express Corp. on July 16 said it has entered into equity and commercial agreements with Delhivery, a logistics and supply chain services company in India, which will utilize their combined strengths to unlock India’s international trade potential.

Mint | New Delhi
July 16, 2021
Business, Logistics, Top 50, Top 100

FedEx Posts Loss in Q4, Shows Improvement From Year Ago

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 | Senior Reporter
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.

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

FedEx Express Agrees to Buy International Business From Israeli Firm

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

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 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

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