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FedEx Corp. reported net income rose 12.7%, excluding one-time costs, for the first quarter of fiscal 2017 compared with the same period a year ago.

FedEx Corp. announced a series of 2017 rate increases, including 3.9% for Express shipments and 4.9% for Ground, continuing the recent pattern of carrier price adjustments.

FedEx Corp. reported net income rose 12.7%, excluding one-time costs, for the first quarter of  its fiscal 2017 calendar compared with the same period last year.

T. Boone Pickens, FedEx Chairman Fred Smith and NGVA's Matt Godlewski join ATA President Chris Spear to discuss natural gas advancements in this special LiveOnWeb broadcast.

Chairman Frederick Smith announced to employees Aug. 24 that the company would adopt the 43-year-old FedEx combination of purple and orange as its unified color scheme.

Workers have broken ground on a $15 million FedEx Freight terminal in South Bend, Indiana.

FedEx Freight has launched a freight box service that could have a big effect on the way less-than-truckload carriers charge customers, moving toward dimension- and distance-based pricing rather than the National Motor Freight Classification system, analysts said.

Improved profits at the Express and Ground units of FedEx Corp. helped the package company raise fiscal fourth-quarter net income by 20%, excluding one-time costs. This sets the stage for continued Ground capital investment to support increased e-commerce and the initial integration of TNT N.V.

FedEx Ground settled an 11-year-old, nationwide lawsuit by agreeing to pay $240 million to 12,000 truck drivers who said they were misclassified as independent contractors rather than employees of the division of FedEx Corp.