FedEx

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October 23, 2014

FedEx Predicts Record Holiday Volume

The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million shipments in volume.

October 21, 2014

UPS Follows FedEx with Rate Hike, Includes Freight Services

They will increase an average of 4.9% for UPS Freight along with the company’s ground, air and international operations for shipments within and between the U.S., Canada and Puerto Rico.

October 7, 2014

Kansas Court Rules FedEx Drivers Are Employees

The Kansas Supreme Court has ruled that a group of about 500 drivers working for FedEx Ground had been misclassified as independent contractors instead of employees.

September 24, 2014

Mark McLean of FedEx Freight Wins TMC SuperTech Again

Mark McLean was declared the winner of the TMC SuperTech National Technicians Skills Competition for the second straight year, helpng FedEx technicians sweep the top three spots in the event.

September 17, 2014

FedEx Quarterly Profit Surges 24% to $606 Million

Net income totaled $606 million or $2.10 per share, up 37% from last year’s $1.53 per share. Revenue was $11.7 billion, an increase of 6% from the same time a year earlier.

August 27, 2014

FedEx Drivers Are Employees Not Contractors, Court Rules

The U.S. Ninth Circuit Court of Appeals on Wednesday ruled two classes of individuals working for FedEx Ground in California and Oregon were misclassified as independent contractors instead of employees.

July 22, 2014

Analyst Questions Filing Charges Against FedEx Over Drug Shipments

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.

June 18, 2014

FedEx Increases Fiscal Quarterly and Yearly Profits

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.

May 20, 2014

Third Lawsuit Filed Over FedEx Freight-Bus Crash

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.

May 5, 2014

Fuel Surcharges Rising with FedEx Freight, FedEx Ground

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.

April 27, 2014

NTSB Releases Preliminary Report into Fatal Truck-Bus Crash

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.

April 23, 2014

First Lawsuit Filed Over Deadly FedEx Freight-Bus Crash

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.

April 14, 2014

Interconnected Trucking on the Horizon

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.

April 13, 2014

Many Unanswered Questions Following Fatal FedEx Truck-Bus Crash

A preliminary report from the National Transportation Safety Board about a fiery crash between a FedEx Freight tractor-trailer and a bus in California killing 10 won’t be issued for at least about another month.

April 11, 2014

NTSB Investigating FedEx Freight-Bus Crash That Killed 10

UPDATED -- The National Transportation Safety Board has sent a “go-team” to investigate the cause of a deadly tractor-trailer bus crash that happened Thursday in California, killing at least 10 people.

April 2, 2014

FedEx Freight Opens New Container Freight Station

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.

March 19, 2014

Winter Slows FedEx Profit Growth, LTL Business Jumps

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.

March 5, 2014

ABF Increasing Rates Later This Month

Less-than-truckload carrier ABF Freight System will increase general rates and charges effective March 24.

March 3, 2014

FedEx Freight Hiking Rates

FedEx Freight will increase shipping rates by an average of 3.9%, effective March 31.

January 22, 2014

Nissan and FedEx Express Put All-Electric e-NV200 to Work in Collaborative U.S. Test

FedEx Express, a subsidiary of FedEx Corp., and Nissan announced that the two companies will begin testing the Nissan e-NV200, a 100% electric compact cargo vehicle, under real world conditions in Washington, D.C.

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