FedEx Freight Expands Service in Mexico
FedEx Freight, the less-than-truckload unit of FedEx Corp., said Tuesday it is adding service to three new markets in Mexico.
August 30, 2011FedEx Freight Sets 6.75% Rate Increase
FedEx Freight, the less-than-truckload unit of FedEx Corp., said Monday it will implement a 6.75% general rate increase, effective Sept. 6.
August 8, 2011FedEx Adding 4,000 New, Fuel-Efficient Vehicles
FedEx Express said it will add more than 4,000 fuel-efficient vehicles to its fleet around the country, including some all-electric vehicles.
June 29, 2011FedEx 4Q Earnings Rise 33% on Resurgence of LTL Unit
FedEx Corp.’s earnings jumped 33% in its fiscal fourth quarter, led by a return to profitability at its less-than-truckload FedEx Freight unit after six consecutive quarters of losses.
June 27, 2011FedEx’s Fourth-Quarter Profit Rises 33%
FedEx Corp. said Wednesday its fiscal fourth-quarter profit rose 33% from a year ago on a stronger economy, higher demand and increased volumes.
June 22, 2011FedEx Boosting Dividend
FedEx Corp. said it will raise its dividend by a penny to 13 cents a share on July 1, for shareholders of record as of June 17.
June 9, 2011FedEx Profits Down 3% in Third Quarter on Winter Weather, High Fuel Costs
Global economic improvement allowed FedEx Corp. to pull in 11% more quarterly revenue, but the carrier saw its net income drop by 3%, as it had to battle severe winter weather, soaring fuel costs and $43 million of integration costs at its less-than-truckload unit.
March 21, 2011FedEx’s 3Q Profit Dips 3% to $231 Million
FedEx Corp. said Thursday its fiscal third-quarter net income slipped 3% to $231 million, or 73 cents a share, from $239 million, or 76 cents, a year earlier.
March 17, 2011FedEx Lowers 3Q Forecast Due to Weather, Fuel Costs
Severe winter weather, along with rising fuel prices, are taking a toll on some freight companies, prompting FedEx Corp. to reduce its earnings forecast for its current quarter by 25 cents a share.
February 21, 2011FedEx Trims Earnings Outlook on Higher Fuel, Weather-Related Costs
FedEx Corp. cut its quarterly earnings forecast by 25 cents a share, due to rising fuel prices and winter storms that slowed its operations.
February 15, 2011