July 22, 2014 - Industry News
Why is the government filing charges against parcel delivery and trucking giant FedEx? That is the key question said the investment firm Stifel in a note to investors following FedEx disclosing last week it had been indicted by the federal government for allegedly engaging in unlawful distribution of controlled substances.
Tags: Law Enforcement, Crime & Fraud, Fleets, FedEx
June 18, 2014 - Industry News
FedEx has reported its fiscal fourth quarter results showing net income increased to $730 million, or $2.46 per share, compared with $679 million, or $2.13 per share, from the same time a year ago.
Tags: Fleets, Earnings, FedEx, FedEx Freight, FedEx Ground
May 20, 2014 - Industry News
The family of a Los Angeles student killed last month when the charter bus he was in was hit by a FedEx Freight truck in Orland, Calif., is filing a wrongful death lawsuit, according to the Los Angeles Times.
Tags: Accidents, California, Federal Fleet, Fleets, Safety & Compliance, Litigation, FedEx
May 5, 2014 - Industry News
The hike by three percentage points will be effective June 2, while FedEx Ground will begin applying dimensional weight pricing to all shipments, effective January 1, 2015.
Tags: Fleets, FedEx, FedEx Freight, FedEx Ground, Fuel Surcharge
April 27, 2014 - Industry News
The National Transportation Safety Board has issued its preliminary report about the April 10 crash between a FedEx Freight truck and a bus in California killing 10.
Tags: Accidents, California, Investigation, NTSB, Fleets, I-5, Interstate 5, FedEx
April 23, 2014 - Industry News
The first known lawsuit stemming from a crash between a FedEx Freight truck and a bus that killed 10 people earlier this month has been filed.
Tags: Accidents, California, Safety & Compliance, Litigation, I-5, Interstate 5, FedEx
April 14, 2014 - Industry News
Connectivity continues making gains in and in the not too distant future every person, device and piece of equipment in trucking operation will be connected.
Tags: Fleet Management Software, Carrier Logistics, Fleets, Information Technology, FedEx, Pitt Ohio Express
April 2, 2014 - Industry News
Transportation provider FedEx Freight has opened a new container freight station in its Chicago Summit, Ill. facility to consolidate and sort freight bound for Puerto Rico.
Tags: Fleets, FedEx
March 19, 2014 - Industry News
Revenue was $11.3 billion, up 3% from $11 billion the same time a year ago, while net income totaled $378 million, up 5% from last year’s $361 million or $1.23 per share compared to $1.13 per share.
Tags: Fleets, Earnings, FedEx
March 5, 2014 - Industry News
Less-than-truckload carrier ABF Freight System will increase general rates and charges effective March 24.
Tags: Fleets, ABF, Freight Rates, FedEx
March 3, 2014 - Industry News
FedEx Freight will increase shipping rates by an average of 3.9%, effective March 31.
Tags: Fleets, Freight Rates, FedEx
January 21, 2014 - Industry News
The Federal Motor Carrier Safety Administration’s newest enforcement tool is a shutdown order for carriers that flagrantly disregard the safety rules. Under a final rule to be posted this week, the agency can suspend or revoke the authority of willful repeat violators, and impose civil or criminal penalties.
Tags: FMCSA, ATA, OOIDA, MAP-21, Regulations, Fleets, Drivers, GAO, Werner Enterprises, FedEx, Congress
December 26, 2013 - Industry News
Package delivery giants UPS and FedEx may wind up getting a lump of coal in their stocking next Christmas after failing to delivery many shipments in time for this year’s holiday.
Tags: UPS, FedEx, Delivery Fleet, Holiday Driving
December 18, 2013 - Industry News
Trucking and parcel delivery provider FedEx has released second quarter fiscal earnings showing gains in both revenue and profit. FedEx is increasing its forecast of full-year earnings per share growth to 8% to 14% above last year's adjusted results.
Tags: Fleets, Earnings, FedEx, Fleet Financials, LTL
November 21, 2013 - Industry News
Effective Dec 30 UPS’ published rates for its services will increase. For package shipments, ground services and accessorial rates will increase an average net 4.9%.
Tags: UPS, USPS, Freight Rates, FedEx
November 19, 2013 - Industry News
The upcoming years will be tough for the transportation industry in the United States, FedEx Freight president and CEO William Logue said at the annual National Industrial Transportation League conference in Houston.
Tags: Infrastructure, Highway Funding, FedEx
October 1, 2013 - Industry News
The less-than-truckload operation of FedEx continues growing with service in and out of Canada.
Tags: Cross-Border Trucking, Fleets, FedEx
September 18, 2013 - Industry News
FedEx has reported increased profits and revenue during the first quarter of its fiscal year that ended August 31.
Tags: Fleet Financials, FedEx
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