Hiring for Uncertain Holiday Season Continues
Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.
FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.
FedEx Predicts Profit Growth Under Three-Year Plan
FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting “high-value” customers and squeezing more efficiency out of its networks.
FedEx Reports Quarterly, Annual Revenue Growth
FedEx Corp. reported strong fourth-quarter and full-year earnings on June 23 that were close to meeting Wall Street expectations.
FedEx, FourKites Announce Partnership to Improve Supply Chain
FedEx Corp. and supply chain solutions provider FourKites on June 22 announced an alliance to offer customers new, real-time data and information.
FedEx Takes Delivery of 150 BrightDrop EVs
FedEx Corp. announced June 21 it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is decarbonizing last-mile delivery.
June 21, 2022FedEx Boosts Dividend, Shakes Up Board
FedEx Corp. boosted its dividend and announced board changes in coordination with activist investor D.E. Shaw & Co., shaking up the courier just two weeks into the tenure of new CEO Raj Subramaniam.
FedEx-Backed Freightos to Go Public
Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.
FedEx Driver Helped Tariq Woolen Reach His NFL Dreams
FedEx driver Thailand Pierce gets some of the credit for getting Texas-San Antonio cornerback Tariq Woolen to the NFL as the Seattle Seahawks' fifth-round draft pick.
FedEx Logistics Opens Global Headquarters in Memphis
FedEx Logistics Inc. opened its new global headquarters in Memphis, Tenn., on April 5.