FedEx News Updates

BusinessTCA

FedEx Custom Critical CEO Virginia Addicott to Retire

When Virginia Addicott became president and CEO of FedEx Custom Critical 12 years ago, not only was she the female head of a trucking company, she was also one of the few women at the table at Akron, Ohio-area civic leader meetings.

December 17, 2019
BusinessLogisticsTop 100

Amazon Cuts Off FedEx Ground for Prime Shipments This Holiday

Amazon.com says FedEx Corp.’s delivery performance is slipping and will no longer let third-party merchants use the company’s ground delivery network for quick Prime shipments through the holidays.

December 16, 2019
GovernmentBusinessLogistics

FedEx Disputes Report on Federal Taxes Paid in 2018

The CEO of FedEx Corp. came out swinging after a news report called into question the company’s track record on capital investments and tax payments in the wake of federal tax reform efforts.

November 26, 2019
BusinessTop 50

North America's Busiest Cargo Airports

Where North American airports ranked in terms of cargo pounds transported.

November 18, 2019
GovernmentBusinessTop 50

The 2019 Top 50 Global Freight Carriers: Growth Continues Despite Trade Tensions

All but a handful of the companies ranked on the 2019 Top 50 Global Freight Carriers list posted higher freight revenues in 2018 than the previous year, as the majority of the world’s largest freight carriers continued to enjoy strong demand in many key markets.

November 18, 2019
BusinessTechnologyLogisticsTop 100

FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs

FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries.

October 28, 2019
BusinessTechnologyAutonomous

FedEx Completes First Commercial Drone Delivery

FedEx officials said the company’s test drone program completed the first U.S. residential delivery of commercial goods, a scheduled trip to a home in Christiansburg, Va., on Oct. 18.

October 21, 2019
GovernmentBusinessLogisticsTop 100

FedEx Files $212 Million Building Permit for World Hub in Tennessee

MEMPHIS, Tenn. — FedEx officials confirm the company has filed a building permit for its new package sorting facility and world hub in Tennessee.

October 17, 2019
BusinessLogisticsTop 100

FedEx Will Hire 55,000 for Holiday Season

FedEx Corp. will hire 55,000 additional workers for the holiday season, the parcel delivery company announced Sept. 20.

September 23, 2019
BusinessTechnologyLogisticsTop 100

UPS Shipments Swell in Amazon Era

A $20 billion investment spree detailed by UPS CEO David Abney last year, a plan that initially rattled Wall Street, is bearing fruit. Profit margins are improving even as 112-year-old Big Brown copes with swelling volume from voracious online shoppers, who are typically less lucrative to serve than business customers.

September 19, 2019

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