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FedEx Corp. announced it will consolidate its operating companies into one organization to bring down costs, increase efficiencies, and simplify things for customers.
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Three Volvo tractors pulling twin trailers using FedEx Specs demonstrated truck platooning in North Carolina on June 27, automatically maintaining 1.5-second following distance. Deborah Lockridge was there and has these photos.
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John A. Smith will be FedEx Freight’s new president and CEO come August. Smith, currently senior vice president of operations at FedEx Freight, will succeed Michael L. Ducker, whose pending retirement was announced recently.
Read More →Fedex Freight president and chief executive officer Michael L. Ducker will retire effective Aug. 15, 2018, concluding a decades-long career with the company.
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Parcel and trucking giant FedEx posted a big gain in profits during its most recent quarter, while Daseke, the owner of several flatbed and specialized carriers, moved from a loss to a profit in both the final quarter of 2017 and for all of last year.
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Trucking and parcel delivery company FedEx Corp. released on Tuesday its fiscal second quarter numbers showing significant hikes in both earnings and revenue.
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FedEx earnings during its fiscal 2018 first quarter fell 17% from a year ago as a result of a cyberattack and Hurricane Harvey, despite a slight improvement in revenue.
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Eric Vos, Mark McLean and Steven Weaver share top accolades at the conclusion of the event that included hundreds of technicians from around the USA.
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Earnings for trucking and package delivery company FedEx Corp. moved up modestly to $715 million, or $2.65 per share, in its fiscal quarter ending Aug 31 that included the cost of integrating another carrier.
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Forward Air Corp. has become the latest trucking operation to lower expectations ahead of releasing its next earnings report.
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