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, 2014FedEx Freight’s Logue to Retire; Ducker Is Successor
FedEx Freight CEO William Logue, who led the unit back to historical profitability levels, will retire for health reasons Dec. 31, to be succeeded by Michael Ducker, chief operating officer of FedEx Express.
November 5, 2014FedEx Freight Workers Reject Teamsters in N.J. Vote
FedEx Freight drivers at the Cinnaminson, New Jersey, terminal have voted against becoming Teamsters in the first-ever unionization vote at the nation’s largest less-than-truckload company, the company said.
October 14, 2014FedEx Says Kansas Ruling on Drivers Based on Old Practice
FedEx Corp. said a ruling by the Kansas Supreme Court that, under state law, its drivers are employees rather than independent contractors applies to a business practice it hasn’t been using since 2011.
October 6, 2014FedEx Corp’s First-Quarter Income Rises 24% to $606 Million
FedEx Corp. reported its fiscal first-quarter net income rose 24% to $606 million, or $2.10 per share, from $489 million, or $1.53, a year ago.
September 17, 2014