Business, Safety

US Airlines Display Signs of Life After April Travel Collapse

U.S. airlines reported signs that travel demand is perking up, suggesting the beginnings of a rebound from an unprecedented collapse because of the coronavirus pandemic.

Mary Schlangenstein | Bloomberg News
May 19, 2020
Business, Logistics

Southwest Offers First Cargo-Only Flights in Its History

Southwest Airlines Co. will offer the first all-cargo flights in its 48-year history as passenger demand keeps sliding amid the spread of the new coronavirus.

Mary Schlangenstein | Bloomberg News
March 31, 2020
Business

FedEx Stays Silent While Calls Mount for Boycott Over NRA Discounts

FedEx Corp., operator of the world’s largest cargo airline, has given no sign of budging from the discounts on shipping it offers to members of the National Rifle Association, even as social-media calls for a boycott mount following the deadly school shooting in Florida.

Mary Schlangenstein | Bloomberg News
February 26, 2018
Business, Logistics

FedEx Will Shun Most Home Holiday Fees, Unlike UPS

FedEx Corp. will forgo most holiday surcharges on home deliveries this year, drawing a contrast with plans for stepped-up fees at UPS Inc. amid a surge in online shopping.

Mary Schlangenstein | Bloomberg News
August 3, 2017

FedEx Says Cyberattack Will Hurt Earnings as TNT Systems Damaged

FedEx Corp. said information systems at its TNT delivery unit may not fully recover from a June cyberattack, reiterating that the incident will hit the company’s financial results.

Mary Schlangenstein | Bloomberg News
July 17, 2017
Business, Technology

FedEx’s TNT Unit ‘Significantly’ Affected by Cyberattack

FedEx Corp. said the worldwide operations and communications systems of its TNT Express unit in Europe have been “significantly” affected by a cyberattack, causing delays in deliveries.

Mary Schlangenstein | Bloomberg News
June 29, 2017
Business

UPS Adds Saturday Deliveries to Meet Online Shopping Demand

UPS Inc. will add Saturday ground deliveries, making one of the biggest shipping-time changes in its 109-year history in response to rising demand from online shoppers.

Mary Schlangenstein | Bloomberg News
April 3, 2017
Business

FedEx Names Dave Bronczek to Newly Created Post of COO Starting 2018

FedEx Corp. named Dave Bronczek to the newly created post of chief operating officer and shifted the president’s title to him from company founder Fred Smith. 

Mary Schlangenstein | Bloomberg News
September 26, 2016
Business

FedEx CEO Calls Amazon Challenge Reports 'Fantastical'

When FedEx Corp. CEO Fred Smith looks at Amazon.com, he sees a valuable customer — not a mortal danger.

Mary Schlangenstein | Bloomberg News
March 17, 2016
Business

FedEx to Hire 55,000 to Handle Online-Fueled Holiday Shipping

FedEx Corp. will hire about 55,000 temporary workers to grapple with an expected 12% increase in shipping this holiday season, bolstered by an extra day of shopping and continued growth of online purchases.

Mary Schlangenstein | Bloomberg News
October 26, 2015