FedEx to Overhaul Freight Unit by Combining LTL Operations
FedEx Corp. last week said it doubled its quarterly profits, largely because of strong international business, and announced a major overhaul of its money-losing domestic less-than-truckload operations.
September 20, 2010FedEx’s 1Q Income Jumps; Company Will Combine Freight, LTL Units In January
FedEx Corp.’s first-quarter earnings more than doubled and the company said it will combine its freight and less-than-truckload units in January.
September 16, 2010FedEx to Pay $3 Million to Massachusetts in Contractor Case Settlement
The Massachusetts attorney general’s office said FedEx Ground has agreed to pay the state $3 million to settle claims that FedEx allegedly misclassified its drivers as independent contractors.
July 22, 2010FedEx Ground Plans New Chicago Distribution Center
FedEx Ground, the small-package ground unit of FedEx Corp., is building a package sorting and delivery station that would be the company’s fifth in the Chicago area.
June 25, 2010FedEx Has Quarterly Profit, Reversing a Year-Ago Loss
FedEx Corp. reported a profit for its fiscal fourth quarter, rebounding from a loss a year ago, as a recovering global economy boosted international express shipments.
June 21, 2010FedEx’s 4Q Profit, Revenue Improve
FedEx Corp.’s fourth-quarter profit increased from a year ago on higher package volume and an improving economy, the company said Wednesday.
June 16, 2010People in Trucking: FedEx Freight’s Moving Force Tries to Settle Into Retirement
FORT MYERS, Fla. — Douglas Duncan has spent a lifetime as the first guy in the office, the only guy working on a Saturday and the last guy to go home at night.
May 31, 2010FedEx, UPS Play Catch-Up as Volcano Causes Delays
FedEx Corp. and UPS Inc. again have access to their European hub airports after spending nearly a week of enduring flight cancellations and seeking ground-based transportation alternatives after a volcano in Iceland began spewing hot ash into the skies over the continent, closing airports and stilling the movement of air freight.
April 26, 2010FedEx Launches Automated International Document System
FedEx Corp. said Monday it has launched a system that allows shippers to electronically upload and manage international shipping documents.
April 5, 2010FedEx Expands International Economy Services
FedEx Express said Tuesday it is expanding its international economy services to more countries.
March 30, 2010