FedEx News Updates

Business

FedEx Won’t Add Surcharge to Most °®¶¹´«Ã½ Deliveries During Gift-Giving Season

FedEx Corp. won't impose a surcharge on most residential deliveries this holiday season, the package delivery giant said.

August 9, 2017
BusinessLogistics

FedEx Will Shun Most °®¶¹´«Ã½ Holiday Fees, Unlike UPS

FedEx Corp. will forgo most holiday surcharges on home deliveries this year, drawing a contrast with plans for stepped-up fees at UPS Inc. amid a surge in online shopping.

August 3, 2017
BusinessTCA

FedEx Announces Retirement of Legal Chief Christine Richards

FedEx Corp.’s chief legal officer, Christine Richards, is retiring Sept. 30.

July 21, 2017

FedEx Says Cyberattack Will Hurt Earnings as TNT Systems Damaged

FedEx Corp. said information systems at its TNT delivery unit may not fully recover from a June cyberattack, reiterating that the incident will hit the company’s financial results.

July 17, 2017
BusinessEquipmentLogistics

Intermodal Operators Expand in E-Commerce as Online Retailers Seek to Control Costs

Intermodal rail and trucking companies are competing to meet the transportation needs of e-commerce businesses while adapting to how these new supply chains differ from those of traditional brick-and-mortar retailers.

July 13, 2017
BusinessTCA

FedEx Planning Van Facility in Colorado

FedEx Corp. is planning a major van facility in Louisville as it expands and modernizes its ground service, according to documents on file with the Louisville Planning Department.

July 13, 2017
BusinessTechnology

FedEx, Boeing Announce Big Cargo Freighter as Next ‘Flying Testbed’

A Boeing 777 made for FedEx Express will be the latest in the aircraft manufacturer’s ecoDemonstrator series of planes designed to test emerging technologies.

July 7, 2017
BusinessTechnology

FedEx’s TNT Unit ‘Significantly’ Affected by Cyberattack

FedEx Corp. said the worldwide operations and communications systems of its TNT Express unit in Europe have been “significantly†affected by a cyberattack, causing delays in deliveries.

June 29, 2017
BusinessLogistics

FedEx Posts $3 Billion Profit in Fiscal 2017; Freight Division Lags Express, Ground

FedEx Corp. reported a sharp increase in annual profits, rocketing 65% year-over-year and easily beating forecasts by a consensus of industry analysts.

June 26, 2017
BusinessLogistics

FedEx to Open Distribution Center in Ohio

FedEx Corp. will open a new distribution center outside South Dayton, Ohio, in a couple of weeks, a company spokesman confirmed with Transport Topics.

June 24, 2017