FedEx News Updates

Business

FedEx Reports 4Q Profit That Beats Expectations

Buoyed by growth across its operating units, FedEx Corp. reported increases in revenue and profit for its fiscal fourth quarter and full-year 2018.

June 19, 2018
Business, Technology, Logistics, Top 100

UPS Plans Rate Hike for Heavy Freight as E-Commerce Volume Grows

UPS Inc. will increase its over-the-maximum limits and the oversize pallet-handling surcharge to $650 from $500 beginning June 4.

May 29, 2018
Business, Technology, Logistics

FedEx CEO Fred Smith Sees Blockchain as ‘Next Frontier’ for Logistics

Convinced that blockchain is on the brink of transforming the package-delivery business, FedEx Corp. is testing the technology to track large, higher-value cargo.

May 16, 2018
Business, Logistics

FedEx to Shift $6 Billion in Pension Obligations to MetLife

FedEx Corp. is transferring $6 billion in U.S. pension obligations to MetLife Inc. to reduce administrative costs.

May 9, 2018
Business, Logistics

FedEx Rolls Out First Hydrogen-Fueled Delivery Van in New York

FedEx Corp. has begun delivering packages in upstate New York with its first hydrogen-powered van in North America.

May 1, 2018
Business, Safety, Top 100

FedEx Office Imposes Photo ID Policy in Response to Austin Bombings

FedEx Office has started asking customers to show photo identification when mailing packages from one of its 1,900 stores.

April 30, 2018
Business, Top 100

FedEx Plane Becomes Learning Tool for College Students in Dayton

An airplane given to the Beavercreek City Schools by FedEx Express now will be used by Sinclair College students after the Greene County district found it would cost nearly $4 million to move and rehabilitate the plane.

April 6, 2018
Business, Technology, Equipment

FedEx Orders 20 Tesla Semis

FedEx Corp has ordered 20 of the Tesla Semi electric trucks for its FedEx Freight less-than-truckload unit.

March 27, 2018
Business

Texas Bombing Suspect Is Dead

ROUND ROCK, Texas — The suspect in the recent deadly bombings in Austin and at a FedEx distribution center near San Antonio blew himself up March 21 as authorities closed in on him, bringing a grisly end to a three-week manhunt. But police warned that more bombs could be out there.

March 21, 2018
Business

FedEx Reports Solid Quarter, Expands Walmart Deal

FedEx Corp. reported results for its fiscal third quarter ending Feb. 28, with net income of $2.1 billion, or $7.59 earnings per share, compared with $562 million, or $2.07 a share, in the same period in 2017.

March 20, 2018