FedEx News Updates

BusinessTechnologyLogisticsAutonomousTop 100TCA

FedEx to Test Nuro Autonomous Delivery Vehicles

STATEN ISLAND, N.Y. — FedEx Corp. announced June 15 that it has partnered with Nuro, one of the nation’s leading autonomous vehicle companies, to test the use of driverless vehicles for multistop and appointment-based deliveries in Houston.

June 18, 2021
BusinessLogistics

Patrick Moebel Appointed President of FedEx Trade Networks

FedEx Logistics Inc. has appointed Patrick Moebel to be president of FedEx Trade Networks Transport & Brokerage, Inc., the company announced May 10.

May 10, 2021
BusinessTop 50Top 100

FedEx Rides E-Commerce to $21.5 Billion Third Quarter

The continued yearlong surge in e-commerce brought on by the COVID-19 pandemic sent FedEx’s year-over-year fiscal third-quarter net revenue up 23% to $21.5 billion, compared with $17.4 billion in the same period in 2020.

March 18, 2021
GovernmentBusinessTechnologyEquipmentFuelTop 100

FedEx Sets Plan for Carbon-Neutral Operations by 2040

FedEx Corp. announced plans to achieve carbon–neutral operations globally by 2040, with vehicle electrification a key tenet of the strategy.

March 3, 2021
GovernmentBusinessLogistics

Shipping Begins for Third Vaccine; J&J Looks for Partners

As shipping of the third coronavirus vaccine begins, Johnson & Johnson is looking for manufacturing partnerships to increase supply of its COVID-19 vaccine that was cleared Feb. 27 by U.S. regulators, Chief Executive Officer Alex Gorsky said.

March 1, 2021
GovernmentBusinessLogistics

Snow, Ice May Stall Vaccine Shipments

The U.S. vaccine supply is increasing to 13.5 million doses per week, up from 11 million, but harsh winter weather may slow the pace temporarily.

February 16, 2021
BusinessBreaking News

FedEx Announces Leadership Changes for Freight, Ground Divisions

FedEx Corp. has announced that Lance Moll will be the next president of FedEx Freight. He replaces John A. Smith, who will take over FedEx Ground upon the July retirement of current president Henry Maier.

January 26, 2021
BusinessLogisticsTop 50Top 100

FedEx Adds New Fee for Big Shippers, Fueled by E-Commerce

FedEx Corp. plans to add a new surcharge for its largest customers, citing higher pandemic-related costs and indicating that robust demand continues to give couriers considerable power to dictate prices.

January 15, 2021
BusinessLogisticsTop 50Top 100

FedEx Reports Record FY Q2 Net Sales of $20.5 Billion

The global surge in e-commerce brought on by the coronavirus pandemic combined with online holiday shopping sent net quarterly sales for FedEx Corp. above $20 billion for the first time in its history, and led to an increase in net income as well, the company reported Dec. 17.

December 17, 2020
GovernmentBusinessLogisticsTop 100

UPS, FedEx Trucks Begin Vaccine Shipments

KALAMAZOO, Mich. — The first shipments of a COVID-19 vaccine for widespread use in the United States headed Dec. 13 from Michigan to distribution centers across the country, with the first shots expected to be given in the coming week to health care workers and at nursing homes.

December 13, 2020