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Trucking and parcel delivery company FedEx Corp. on Wednesday reported lower quarterly profits, but adjusted earnings were better than expectations.
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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.
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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.
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FedEx Corp.'s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year.
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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.
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FedEx Corp. on Wednesday reported a 4% increase in revenue while profit jumped more than 50% in its most recent fiscal quarter.
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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.
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The Teamsters Union’s recent effort to organize drivers at FedEx Freight terminals is losing momentum with it pulling another organizing election petition.
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For the fourth time in five weeks, the Teamsters Union has withdrawn an organizing election petition for drivers at one of FedEx Freight’s terminals.
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Truck drivers at FedEx Freight’s Louisville, Kentucky, terminal last week voted against representation by the Teamsters Union.
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