Parcel carrier FedEx Corp. said its income grew 14% in its fiscal second quarter, driven largely by improvements in its Express airfreight unit.
December 18, 2013Business
FedEx Trade Networks Names New CEO
FedEx Trade Networks said it has named Jack Muhs its new CEO.
February 10, 2014Business
FedEx’s Net Income Surges 14% as Results Improve at All Units
FedEx Corp. said its net income improved 14% to $500 million, or $1.57 per share, for the fiscal second quarter ended Nov. 30, as results rose at all units.
December 23, 2013Business
FedEx Ground Sets 4.9% Rate Increase for 2014
FedEx Ground will raise its 2014 rates by an average 4.9%, the company announced Dec. 5.
December 5, 2013Business
FedEx Has Busiest Day in Company History on Cyber Monday
FedEx Corp. said it had its busiest day in company history Cyber Monday, moving more than 22 million shipments worldwide.
December 3, 2013Business
FedEx Freight’s Logue Urges Improvements in Freight Movement
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, 2013