September 20, 2016
Earnings for trucking and package delivery company FedEx Corp. moved up modestly to $715 million, or $2.65 per share, in its fiscal quarter ending Aug 31 that included the cost of integrating another carrier.
Forward Air Corp. has become the latest trucking operation to lower expectations ahead of releasing its next earnings report.
June 21, 2016
FedEx Corp. cut much, but not all, of its second quarter losses compared to a year earlier, while a preview of Werner Enterprises Inc. second quarter earnings sent heartburn throughout trucking and Wall Street amid concerns about second quarter trucking profits.
May 2, 2016
Now that the government of China has approved FedEx Corp.’s intended acquisition of TNT Express N.V., the massive deal is on track to close by June 30.
March 30, 2016
FedEx hopes to increase fuel efficiency in its vehicle fleet by 30% by 2020 by increasing the number of alternative-fuel vehicles, shifting freight trips to rail, and optimizing routing, according to the company's 2016 sustainability report.
March 16, 2016
Trucking and parcel delivery company FedEx Corp. on Wednesday reported lower quarterly profits, but adjusted earnings were better than expectations.
December 17, 2015
It's looking like a good Christmas for Navistar and FedEx. The truck and engine maker managed to cut back on its losses in its most recent fiscal quarter and likely no longer will have an SEC investigation hanging over its head. Meanwhile, FedEx saw better earnings due to record holiday business.
November 20, 2015
FedEx Corp. and the Christmas SPIRIT Foundation are joining forces again for a special delivery to America’s service members and their families with the Trees for Troops program.
September 16, 2015
FedEx Corp.'s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year.
August 19, 2015
The U.S. Postal Service has begun delivering bottled water, fresh fish, and electronics in New York City as it begins a shift toward same-day delivery to compete with FedEx, UPS, and Amazon.com.
June 12, 2015
FedEx Ground reached an agreement with plaintiffs in an independent contractor lawsuit to settle for $228 million.
May 26, 2015
The California Highway Patrol completed its investigation into a deadly collision between a FedEx vehicle and a tour bus, concluding that driver error – not environmental factors – caused the crash.
April 7, 2015
FedEx Corp. Tuesday announced it will buy European package company TNT Express for $4.8 billion, creating a strong third competitor in the European market.
March 18, 2015
FedEx Corp. on Wednesday reported a 4% increase in revenue while profit jumped more than 50% in its most recent fiscal quarter.
December 30, 2014
FedEx acquired third party logistics company Genco, expanding the company’s portfolio to include reverse logistics which deals with the processing of returns for retailers.
December 17, 2014
Trucking and package delivery giant FedEx Corp. on Wednesday reported a big jump in profit for its fiscal year second quarter.
December 10, 2014
The Teamsters Union’s recent effort to organize drivers at FedEx Freight terminals is losing momentum with it pulling another organizing election petition.
December 4, 2014
For the fourth time in five weeks, the Teamsters Union has withdrawn an organizing election petition for drivers at one of FedEx Freight’s terminals.
December 1, 2014
Truck drivers at FedEx Freight’s Louisville, Kentucky, terminal last week voted against representation by the Teamsters Union.
November 20, 2014
A group of 222 drivers at FedEx Freight's Charlotte, N.C., terminal have voted in favor of joining the Teamsters Union.
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