FedEx Announces Rate Increases for 2019 as Demand Grows
FedEx Corp. will raise general rates on Jan. 7, according to a statement the company released on Nov. 5, reflecting tight capacity and greater demands from a strong economy.
FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity
FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.
Second FedEx Ground Station Opens in Oklahoma City
FedEx Corp. has operated one 180,000-square-foot shipping station in Oklahoma City since 2006, and on Oct. 16 it celebrated the grand opening of a 270,000-square-foot shipping facility in north Oklahoma City to more than double its warehouse space in the area.
FedEx Downplays US-China Trade Spat’s Impact on Its Business
DALLAS — Shortly before the Trump administration announced a new round of tariffs against Chinese goods, FedEx Corp. leaders tried to assure investors Sept. 17 that a widening trade war will have little direct effect on the company.
FedEx Profits Soar, Revenue Rises in Fiscal First Quarter
FedEx Corp. boosted its full-year profit outlook Sept. 17 as the shipping giant reported mixed financial results for the first quarter of its 2019 fiscal year.
Capitol Agenda for the Week of Sept. 17: ‘Iggy,’ the Doctor of Truckology, Fondly Remembered
Chris Ignowski left a lasting impression at FedEx and the National Truck Driving Championships as a safety proponent whose knowledge of the industry's rules and regulations was unmatched.
Parcel Giants, Logistics Companies Announce Hiring Plans Ahead of Holiday Season
Several of the shipping industry’s largest entities have unveiled their plans for holiday season hires. The temporary employees will help support an anticipated increase in packages beginning in November and continuing through January.
FedEx Reaches Airfreight Deal With San Bernardino Airport
FedEx Express will begin operating daily cargo flights out of San Bernardino International Airport in October, under terms of a new 10-year agreement.
2018 Top 100 For-Hire Carriers: Acquisitions, Growth Boost Rankings
There were big gains all around for the nation’s largest for-hire carriers, some driven by acquisitions and some by expansion in response to vigorous growth in demand for freight hauling.
FedEx, UPS Say Local Sick-Pay Laws Don’t Apply to Them
Fed up with state and local laws that require private employers to offer paid sick days, the airlines and railroads have filed suit, claiming that the interstate nature of their businesses should make them exempt.