FedEx to Repurchase 10% of Shares
FedEx Corp. announced plans to buy back as many as 32 million, or 10%, of its shares.
October 15, 2013FedEx to Boost 2013 Holiday Hiring
FedEx Corp. said it will increase holiday hiring above 2012 levels in expectation of higher customer demand.
October 11, 2013FedEx Reports 6.5% Profit Gain as Results Improve at All Units
FedEx Corp. last week reported that fiscal first-quarter net income for the period ended Aug. 31 rose 6.5% to $489 million, or $1.54 per share, as results improved in each of the company’s business segments.
September 23, 2013FedEx’s 1Q Profit Improves
FedEx Corp. reported Sept. 18 fiscal first-quarter net income for the period ended Aug. 31 increased 6.5% to $489 million, or $1.54 per share, as profit rose in each of the company’s business segments.
September 18, 2013FedEx Buys 1,900 Fuel-Efficient Lightweight Vans
FedEx Express said Monday it has purchased 1,900 lightweight, composite-body Reach vehicles from Spartan Motors, a division of Utilimaster.
June 24, 2013FedEx’s Net Income Declines After Charges for Retiring Aircraft, Buyouts
FedEx Corp. reported that its fourth-quarter and yearly earnings declined due to one-time charges the company took for aircraft and personnel changes.
June 24, 2013FedEx Plans Acquisitions in Southern Africa
FedEx Corp. said Thursday it has signed agreements to acquire the businesses operated by its current service provider Supaswift Ltd. in five countries in southern Africa.
June 20, 2013FedEx Reports Lower 4Q Profit
FedEx Corp. said Wednesday its fourth-quarter earnings fell 45% from a year ago, as the company reported charges for realigning its business and to retire cargo aircraft.
June 19, 2013FedEx Freight Sets 4.5% Rate Increase
FedEx Corp. will boost rates at its FedEx Freight division by an average of 4.5% beginning in July, the company said Monday.
June 10, 2013FedEx Accelerates Aircraft Replacement, Boosts Dividend
FedEx Corp. said it is accelerating retirement of 86 aircraft, and the company will boost its dividend next month by a penny a share.
June 4, 2013