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FedEx Ground

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March 18, 2015 - Industry News

FedEx Profit Leaps More Than 50%

Photo: FedEx Corp.

FedEx Corp. on Wednesday reported a 4% increase in revenue while profit jumped more than 50% in its most recent fiscal quarter.

Tags: Fleets, Earnings, FedEx, FedEx Freight, FedEx Ground, FedEx Express

December 30, 2014 - Industry News

FedEx Acquisition Reflects Increased Focus on Returns

Photo by FedEx.

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

Kansas Court Rules FedEx Drivers Are Employees

FedEx Ground says since 2011, it has only contracted with incorporated businesses that treat their drivers as employees. Photo: FedEx Ground

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 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.

Tags: Fleets, Earnings, FedEx, FedEx Freight, FedEx Ground

May 5, 2014 - Industry News

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.

Tags: Fleets, FedEx, FedEx Freight, FedEx Ground, Fuel Surcharge

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