HOUSTON — FedEx Freight President William Logue stepped beyond his role in less-than-truckload to open the convention of three trade associations here by urging attendees to redouble their efforts to overcome barriers to infrastructure, regulatory and technological barriers that slow domestic and global commerce.
November 18, 2013Business
Activist Investor Loeb Acquires Stake in FedEx
Daniel Loeb, an activist investor who has advocated for major changes at companies such as Sony Corp. after investing in them, has taken a stake in parcel carrier FedEx Corp. through his Third Point hedge fund, Bloomberg News reported.
November 13, 2013Business
FedEx Expects Cyber Monday to be Busiest Day of Year
FedEx Corp. expects to see its busiest day in company history Cyber Monday, Dec. 2, moving more than 22 million shipments worldwide.
October 23, 2013Business
FedEx Express Introduces Flat-Rate Shipping Option
FedEx Express announced the introduction of FedEx One Rate, a flat-rate shipping option.
October 21, 2013Business
FedEx to Repurchase 10% of Shares
FedEx Corp. announced plans to buy back as many as 32 million, or 10%, of its shares.
October 15, 2013Business
FedEx to Boost 2013 Holiday Hiring
FedEx Corp. said it will increase holiday hiring above 2012 levels in expectation of higher customer demand.
October 11, 2013Business
FedEx Reports 6.5% Profit Gain as Results Improve at All Units
FedEx Corp. last week reported that fiscal first-quarter net income for the period ended Aug. 31 rose 6.5% to $489 million, or $1.54 per share, as results improved in each of the company’s business segments.
September 23, 2013Business
FedEx’s 1Q Profit Improves
FedEx Corp. reported Sept. 18 fiscal first-quarter net income for the period ended Aug. 31 increased 6.5% to $489 million, or $1.54 per share, as profit rose in each of the company’s business segments.
September 18, 2013Business
FedEx Buys 1,900 Fuel-Efficient Lightweight Vans
FedEx Express said Monday it has purchased 1,900 lightweight, composite-body Reach vehicles from Spartan Motors, a division of Utilimaster.
June 24, 2013Business
FedEx’s Net Income Declines After Charges for Retiring Aircraft, Buyouts
FedEx Corp. reported that its fourth-quarter and yearly earnings declined due to one-time charges the company took for aircraft and personnel changes.
June 24, 2013