December 17, 2015 - Industry News
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.
Tags: Economy, Navistar, Earnings, FedEx, FedEx Freight, FedEx Ground, FedEx Express
September 16, 2015 - Industry News
FedEx Corp.'s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year.
Tags: Economy, FedEx, FedEx Freight, FedEx Ground, FedEx Express, Fleet Earnings, LTL
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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