Government, Business

Utah Trucking Companies Allegedly Bribed FedEx Ground Executive

Utah Trucking Companies A FedEx Ground truck. (Rogelio V. Solis/Associated Press)

Federal indictments unsealed last month in Utah allege that 10 individuals participated in a decadelong scheme to pay a senior FedEx Ground manager in the state $1 million in bribes to steer business to trucking companies complicit in the plan, netting the companies hundreds of millions of dollars in fraudulent and unauthorized contracts.

Eric Miller | Staff Reporter
November 6, 2019

FedEx Quarterly Profits Decline on TNT Cyberattack, Hurricane Harvey

FedEx Freight FedEx Freight, North America’s largest LTL, posted gains in quarterly revenue, operating income, margin and revenue per hundredweight. (John Sommers II/Transport Topics)

FedEx Corp. remained profitable during the three months ended Aug. 31, but at a lower level than a year ago as the Memphis, Tenn.-based carrier had to overcome challenges from a malware attack in Europe as well as Hurricane Harvey in southeast Texas.

Jonathan S. Reiskin | Associate News Editor
September 21, 2017
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

Judge Rules for 2 Large Fleets in Cases Involving Contractors

John Sommers II for TT

Two of the nation’s largest trucking companies won legal victories in Massachusetts when a U.S. District Court judge overturned two of his earlier decisions on independent contractor cases so they would line up with an appeals court decision.

February 16, 2015