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FedEx

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April 2, 2014 - Industry News

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.

Tags: FedEx

March 19, 2014 - Industry News

Winter Slows FedEx Profit Growth, LTL Business Jumps

Photo: Evan Lockridge

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.

Tags: Earnings, FedEx

March 5, 2014 - Industry News

ABF Increasing Rates Later This Month

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

Tags: ABF, Freight Rates, FedEx

March 3, 2014 - Industry News

FedEx Freight Hiking Rates

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

Tags: Freight Rates, FedEx

January 21, 2014 - Industry News

New FMCSA Rule Targets Willful Violators

The Federal Motor Carrier Safety Administration’s newest enforcement tool is a shutdown order for carriers that flagrantly disregard the safety rules. Under a final rule to be posted this week, the agency can suspend or revoke the authority of willful repeat violators, and impose civil or criminal penalties.

Tags: FMCSA, ATA, OOIDA, MAP-21, Regulations, Drivers, GAO, Werner Enterprises, FedEx, U.S. Congress

December 26, 2013 - Industry News

Consumers Blast UPS and FedEx for Missed Christmas Deliveries

Package delivery giants UPS and FedEx may wind up getting a lump of coal in their stocking next Christmas after failing to delivery many shipments in time for this year’s holiday.

Tags: UPS, FedEx, Delivery Fleets, Holiday Driving

December 18, 2013 - Industry News

FedEx Increases Fiscal Second Quarter Profit, Freight Segment Business Up

The FedEx Ground segment reported revenue of $2.85 billion, up 10% from last year and operating income of $424 million, up 3%. Photo: Evan Lockridge

Trucking and parcel delivery provider FedEx has released second quarter fiscal earnings showing gains in both revenue and profit. FedEx is increasing its forecast of full-year earnings per share growth to 8% to 14% above last year's adjusted results.

Tags: Earnings, FedEx, Fleet Financials, LTL

November 21, 2013 - Industry News

UPS Upping Rates, Follows Rivals

Effective Dec 30 UPS’ published rates for its services will increase. For package shipments, ground services and accessorial rates will increase an average net 4.9%.

Tags: UPS, USPS, Freight Rates, FedEx

November 19, 2013 - Industry News

FedEx Freight CEO: U.S. Trucking Curbed by Infrastructure

The upcoming years will be tough for the transportation industry in the United States, FedEx Freight president and CEO William Logue said at the annual National Industrial Transportation League conference in Houston.

Tags: Infrastructure, Highway Funding, FedEx

October 1, 2013 - Industry News

FedEx Continues Expanding Canadian LTL Service

The less-than-truckload operation of FedEx continues growing with service in and out of Canada.

Tags: Cross-Border Trucking, FedEx

September 18, 2013 - Industry News

FedEx Profit Jumps, Freight Division Sees Small Increase

Photo: Evan Lockridge

FedEx has reported increased profits and revenue during the first quarter of its fiscal year that ended August 31.

Tags: Fleet Financials, FedEx

September 12, 2013 - Industry News

FedEx Freight’s Techs Sweep TMC SuperTech Competition

Photos by Tom Berg

PITTSBURGH -- Technicians from FedEx Freight finished first, second, third and fourth in the TMC’s annual SuperTech competition that ended Wednesday, with Mark McLean Jr. from New York state named grand champion.

Tags: Technicians, TMCSuperTech, FedEx, TMC

June 19, 2013 - Industry News

FedEx Reports Big Decline In Fourth Quarter Earnings, Freight Unit Holds Steady

The trucking, airline and parcel operation FedEx, reports revenue increased during its fiscal fourth quarter while net earnings were sharply lower.

Tags: Earnings, FedEx

June 10, 2013 - Industry News

FedEx Freight to Increase Shipping Rates

FedEx Freight, a subsidiary of FedEx Corp., will increase shipping rates by an average of 4.5%, effective July 1.

Tags: FedEx

March 11, 2013 - Industry News

FedEx Improves Fleet Fuel Efficiency by 22% in Less Than 5 Years

FedEx has met its fuel use reduction goal ahead of its 2020 deadline, so the company has set itself a new goal for that year.

Tags: Route Optimization, FedEx

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