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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.
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The family of a Los Angeles student killed last month when the charter bus he was in was hit by a FedEx Freight truck in Orland, Calif., is filing a wrongful death lawsuit, according to the Los Angeles Times.
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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.
Read More →The National Transportation Safety Board has issued its preliminary report about the April 10 crash between a FedEx Freight truck and a bus in California killing 10.
Read More →The first known lawsuit stemming from a crash between a FedEx Freight truck and a bus that killed 10 people earlier this month has been filed.
Read More →Connectivity continues making gains in and in the not too distant future every person, device and piece of equipment in trucking operation will be connected.
Read More →A preliminary report from the National Transportation Safety Board about a fiery crash between a FedEx Freight tractor-trailer and a bus in California killing 10 won’t be issued for at least about another month.
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UPDATED -- The National Transportation Safety Board has sent a “go-team” to investigate the cause of a deadly tractor-trailer bus crash that happened Thursday in California, killing at least 10 people.
Read More →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.
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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.
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