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.
Intermodal Operators Expand in E-Commerce as Online Retailers Seek to Control Costs
Intermodal rail and trucking companies are competing to meet the transportation needs of e-commerce businesses while adapting to how these new supply chains differ from those of traditional brick-and-mortar retailers.
FedEx Planning Van Facility in Colorado
FedEx Corp. is planning a major van facility in Louisville as it expands and modernizes its ground service, according to documents on file with the Louisville Planning Department.
FedEx, Boeing Announce Big Cargo Freighter as Next ‘Flying Testbed’
A Boeing 777 made for FedEx Express will be the latest in the aircraft manufacturer’s ecoDemonstrator series of planes designed to test emerging technologies.
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.
FedEx Posts $3 Billion Profit in Fiscal 2017; Freight Division Lags Express, Ground
FedEx Corp. reported a sharp increase in annual profits, rocketing 65% year-over-year and easily beating forecasts by a consensus of industry analysts.
FedEx to Open Distribution Center in Ohio
FedEx Corp. will open a new distribution center outside South Dayton, Ohio, in a couple of weeks, a company spokesman confirmed with Transport Topics.
FedEx Makes Civic 50 List of Most Community-Minded Companies
FedEx Corp. has been named to the Points of Light Civic 50, a list of most civic-minded U.S. companies.
Texas FedEx Hub Lands Near UPS' Planned Distribution Center
A second major shipping hub has landed along Interstate 20 in Arlington, Texas.
Georgia FedEx Driver Glenn Moore to Compete at National Truck Driving Championships
VALDOSTA, Ga. — A South Georgia driver will represent Georgia in the National Truck Driving Championships in August.