FedEx, TNT Win Brazilian Approval for Merger
FedEx's $4.8 billion takeover of TNT Express has cleared another hurdle, winning unconditional approval from authorities in Brazil, the companies said Feb. 2.
February 2, 2016FedEx Again Delivers Super Bowl Trophy
On Feb. 7, in a scene that most Americans have watched every winter, NFL Commissioner Roger Goodell will present the coveted Vince Lombardi Trophy to the owner and coach of the team that wins the Super Bowl in Santa Clara, California.
February 1, 2016FedEx Announces New Buyback of 25 Million Shares
FedEx Corp.'s board authorized a new program to buy back up to 25 million shares of common stock, the package shipping company said Jan. 26.
January 27, 2016University of Memphis, FedEx Tech Institute Launch Push Into Biologistics Research
The University of Memphis on Jan. 22 will launch the Biologistics Research Cluster, in which 16 faculty members will study the bioscience industry's transportation and logistics issues.
January 21, 2016FedEx to Build Distribution Center in Baltimore
FedEx Ground will build a 300,000-square foot distribution center in Baltimore at the Tradepoint Atlantic transportation and manufacturing hub on the site of a former steel mill, the developer announced.
January 20, 2016FedEx Plans 60,000-Square-Foot Ohio Distribution Center
The Allen County, Ohio, Port Authority has made a move it maintains will continue to make Lima an attractive place for FedEx Corp. to do business.
January 13, 2016FedEx Threatens to Move Tennessee Technology Center if It Doesn't Get 20 More Years of Tax Breaks
FedEx is threatening to move its massive information technology center out of Collierville, Tennessee, if the town government doesn't give the company millions of dollars worth of additional tax breaks over 20 years.
January 5, 2016Online Surge Raises Questions About Delivery Network
A 20% surge in online holiday shopping — much of it just days before Christmas — brought the retailing and shipping industries closer to a tipping point many experts think is inevitable.
January 4, 2016Third Time's a Charm for UPS at Christmas, But FedEx Stumbles
CHICAGO — After two consecutive years of problems during its holiday peak package season, UPS delivered on time at Christmas this year, while its main rival, FedEx, had a last-minute stumble that left some gifts undelivered until after the holiday.
December 31, 2015FedEx Second Quarter Net Income Rises on Gains at Express, Ground Units
Continued profit improvement at the Express and Ground units helped FedEx Corp. raise overall net income in its fiscal second quarter by 4% to $691 million, or $2.44 per share.
December 21, 2015