June 12, 2015 - Industry News
FedEx Ground reached an agreement with plaintiffs in an independent contractor lawsuit to settle for $228 million.
Tags: Lawsuits, Independent Contractors, FedEx, FedEx Ground, Delivery Fleets
March 18, 2015 - Industry News
FedEx Corp. on Wednesday reported a 4% increase in revenue while profit jumped more than 50% in its most recent fiscal quarter.
Tags: Earnings, FedEx, FedEx Freight, FedEx Ground, FedEx Express
December 30, 2014 - Industry News
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.
Tags: 3PL, Logistics, Mergers & Acquisitions, FedEx, FedEx Ground
October 7, 2014 - Industry News
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.
Tags: Kansas, Litigation, Independent Contractors, FedEx, FedEx Ground
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: Earnings, FedEx, FedEx Freight, FedEx Ground
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: FedEx, FedEx Freight, FedEx Ground, Fuel Surcharge
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