Snow Causes FedEx Hiccup
Memphis International Airport saw little impact on passenger flights from a winter storm early Jan. 16, but FedEx’s cargo operation experienced disruptions that could affect deliveries.
FedEx Beefs Up Unit Led by Founder’s Son to Include Specialty Logistics, E-Commerce
FedEx is expanding the business unit led by its founder’s son by consolidating specialty logistics and e-commerce solutions within FedEx Trade Networks.
FedEx Seeks Permit for $35.4 Million Building at Express Hub at Memphis International Airport
FedEx has applied for a building permit for a building project valued at $35.4 million at its world hub at Memphis International Airport.
FedEx Express Opens Mammoth Shanghai Hub, Touts Improved Asia Linkage
FedEx on Jan. 8 announced the official opening of a new, 1.4 million square foot Shanghai hub that bolsters access to one of the world’s fastest-growing markets.
UPS and FedEx Handle Record Holiday Surge With Minimal Delays
United Parcel Service Inc. and FedEx Corp. delivered almost all of people’s presents by Christmas Day, with the former company finishing strong after a bruising late November.
Analysis: FedEx’s Good News Could Get Big League
FedEx Corp.’s delivery truck is heading in the right direction, but the turbo-charge from Uncle Sam won’t hurt. The $65 billion company reported earnings after the close of trading on Dec. 20, besting analysts’ quarterly estimates and raising its full-year outlook.
FedEx Profits Grow 11% in Fiscal 2Q, Beating Wall Street Forecasts
FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share.
FedEx, UPS Want to Steer Santa’s Packages to the Local Drugstore
It’s that time of year again when online shopping surges and package deliveries soar -- along with costs and customer expectations.
FedEx and UPS Surge as Investors Pick Winners From Tax Overhaul
FedEx Corp. and UPS Inc. surged the most in more than a year Dec. 4 on expectations that they’ll reap particularly big gains from the tax-overhaul package making its way through Congress.
FedEx Adds Feeder Aircraft to Continue Fleet Upgrade
FedEx Express announced a major purchase of U.S.-assembled feeder aircraft Nov. 28 to continue a push to modernize its 659-aicraft fleet.