FedEx Executives Logging Face Time With Trump, Pence
Top FedEx officials are logging face time with the Trump administration in Washington this week.
FedEx Freight Expands in Kentucky With New Complex
FedEx Freight is stepping up its presence in Lexington, Kentucky, although the company won’t say by how much.
FedEx Pushes for Infrastructure Fix as Trump Weighs Investment
The growth of e-commerce is putting enormous new demands on U.S. highways, airports and other infrastructure, which must be modernized with sustainable funding, FedEx Corp. Chairman and CEO Frederick Smith said.
FAA Says Yes to Possible FedEx Facility at Chino Airport
The Federal Aviation Administration has given its nod for a FedEx delivery facility at Chino Airport in San Bernardino County, California.
FedEx CEO Calls Trump's Withdrawal From Trade Deal 'Unfortunate'
U.S. President Donald Trump should reconsider his positions on international trade and work to embrace China and its vast market, FedEx Corp's CEO said Jan. 24, one day after Trump made good on a campaign promise to pull out of a major trade deal with Asian allies.
FedEx Introduces Package Dropoff, Pickup at Walgreens
FedEx customers will be able to drop off and pick up packages at “thousands of Walgreens” locations nationwide, the shipping giant said Jan. 11.
Snow Disrupts FedEx Hub, But Memphis Airport Remains Open
Snow disrupted operations at the FedEx Express Memphis hub overnight and prompted Delta Air Lines to cancel four Jan. 6 afternoon flights between Memphis and Atlanta.
FedEx Net Income Up 1.3% in 2Q, Tempered by Decline in LTL Profit
FedEx Corp. reported profits rose 1.3% for its fiscal second quarter versus one year ago, as growth was hampered by a decline in profitability at the less-than-truckload division, according to the company’s Dec. 20 earnings release.
To Keep FedEx-Like Margins, China Logistics Firm Plans Cuts
ZTO Express Inc., the first Chinese package-delivery company to list in the United States, said it needs to cut costs in China to maintain profit margins that exceed FedEx Corp.’s.
December 28, 2016FedEx Profits Rise 1% But Miss Analyst Targets
FedEx Corp. reported profits rose about 1.3% for its fiscal second quarter versus one year ago, but earnings before tax and interest dropped 13% in the freight division, according to company earnings released Dec. 20.
December 21, 2016