FedEx News Updates

BusinessLogistics

FedEx Stock Takes Beating on Bleak European Outlook

FedEx Corp. shares plunged Dec. 19, after its 鈥渏arring鈥 cut to annual forecasts and bleak commentary about European economy and global trade alarmed the market.

December 19, 2018
Business

FedEx Reports Strong 2Q Earnings

FedEx Corp. reported a 20.6% increase in net income in its fiscal second-quarter financial results released Dec. 18.

December 18, 2018
BusinessTechnologyLogistics

Amazon Thrives on FedEx Delivery Model, but Driver Pay Challenges Persist

Five years on, Amazon.com Inc.鈥檚 chief executive officer is betting on decidedly more terrestrial technology: Drivers. As in real people. Tens of thousands of them. High-tailing it through town in gas-slurping vans to leave packages on doorsteps just like the milkman, postal worker, UPS guy and pizza dude before them.

December 17, 2018
BusinessLogisticsTop 50Top 100TCA

Holiday Shipping Deadlines for Amazon, USPS, UPS, FedEx

Procrastinators take note: The deadline is fast approaching to get those gifts in the mail to arrive by Christmas Eve.

December 13, 2018
Business

FedEx Express President David Cunningham to Retire Dec. 31

FedEx Corp. on Dec. 7 announced that FedEx Express President and CEO David Cunningham will retire effective Dec. 31.

December 10, 2018
BusinessLogistics

FedEx Announces Rate Increases for 2019 as Demand Grows

FedEx Corp. will raise general rates on Jan. 7, according to a statement the company released on Nov. 5, reflecting tight capacity and greater demands from a strong economy.

November 8, 2018
BusinessLogisticsTop 50Top 100

FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity

FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.

November 5, 2018
BusinessLogisticsTCA

Second FedEx Ground Station Opens in Oklahoma City

FedEx Corp. has operated one 180,000-square-foot shipping station in Oklahoma City since 2006, and on Oct. 16 it celebrated the grand opening of a 270,000-square-foot shipping facility in north Oklahoma City to more than double its warehouse space in the area.

October 17, 2018
GovernmentBusiness

FedEx Downplays US-China Trade Spat鈥檚 Impact on Its Business

DALLAS 鈥 Shortly before the Trump administration announced a new round of tariffs against Chinese goods, FedEx Corp. leaders tried to assure investors Sept. 17 that a widening trade war will have little direct effect on the company.

September 18, 2018
Business

FedEx Profits Soar, Revenue Rises in Fiscal First Quarter

FedEx Corp. boosted its full-year profit outlook Sept. 17 as the shipping giant reported mixed financial results for the first quarter of its 2019 fiscal year.

September 17, 2018