FedEx Net Income Climbs 53% as Profit Rises at Every Unit
FedEx Corp. improved fiscal third-quarter net income by 53% to $580 million, or $2.01 per share, fueled by earnings gains across the Express, Ground and Freight units.
March 18, 2015Judge Rules for 2 Large Fleets in Cases Involving Contractors
Two of the nation’s largest trucking companies won legal victories in Massachusetts when a U.S. District Court judge overturned two of his earlier decisions on independent contractor cases so they would line up with an appeals court decision.
February 16, 2015FedEx Corp. Carries Vince Lombardi Trophy to Phoenix in Advance of Super Bowl XLIX
FedEx Corp. played an important role in the preparations for Super Bowl XLIX by delivering a key piece of hardware — the Vince Lombardi Trophy.
February 2, 2015FedEx Completes Genco Acquisition
FedEx Corp. has completed its acquisition of Genco Distribution System Inc., which it described as one of the largest third-party logistics providers in North America.
FedEx Delivers Lombardi Trophy for Super Bowl XLIX
FedEx Corp. played an important role in the preparations for Super Bowl XLIX by delivering a key piece of hardware to the game — the Vince Lombardi Trophy.
January 26, 2015FedEx Sticks With Its 2015 Forecast; Stock Slips Anyway
Minutes after UPS sent its stock tumbling with a surprise warning that fourth-quarter profit was cut by surging costs, FedEx took an unusual step.
January 23, 2015FedEx Records Higher 2Q Profits, Agrees to Buy Logistics Firm Genco
FedEx Corp. last week said stronger results at every unit boosted its fiscal second-quarter net income 23% to $616 million, while also announcing plans to buy logistics specialist Genco to broaden its product line.
December 22, 2014FedEx Net Income Climbs 23% as Unit Profits Rise
FedEx Corp. said net income for its fiscal second quarter ended Nov. 30 rose 23% to $616 million, or $2.14 per share, helped by stronger results in the air, ground and freight units.
FedEx Acquires E-Commerce Firm Bongo International
FedEx Corp. has acquired cross-border, online-purchase technology company Bongo International to enhance its portfolio of e-commerce solutions. Terms were not disclosed.
December 17, 2014FedEx Kicks Off Busiest Day
FedEx Corp. kicked off what it expects to be its busiest day in company history, Dec. 15.
December 15, 2014