FedEx Corp. said Thursday it has agreed to acquire the Polish courier Opek Sp.z o.o. to expand its services in Europe.
April 5, 2012Business
FedEx鈥檚 Quarterly Profits Rise to $634 Mln.On Strong Performance of LTL Division
FedEx Corp. said its fiscal fourth-quarter earnings, excluding a charge for aircraft retirements, rose to $634 million, helped by a 93% increase in operating income at the FedEx Freight segment.
June 25, 2012Business
FedEx Reports Higher Adjusted 4Q Profit
FedEx Corp. said Tuesday its fourth-quarter profit slipped to $550 million, or $1.73 per share, from $558 million, or $1.75, a year ago.
June 19, 2012Business
FedEx Retiring 24 Jets to Cut Costs
FedEx Corp. said it has retired 24 jets to reduce capacity in its U.S. Express division, and will take an $84 million, or 26 cents鈥損er-share, charge in its fiscal fourth quarter that ended May 31.
June 5, 2012Business
FedEx Express Years Ahead of Making 鈥楪reen鈥 Fleet Goal
FedEx Express said it is 鈥測ears ahead of schedule鈥 in its goal of making its fleet 20% more fuel efficient by 2020.
May 29, 2012Business
FedEx to Sell Japan Office Business to Konica
FedEx Corp. will sell the Japanese operations of its Office unit, the retail business formerly known as Kinko鈥檚, to Konica Minolta Holdings, Bloomberg reported.
May 14, 2012Business
FedEx to Buy French Delivery Firm
FedEx Corp. said聽Thursday it will acquire French express-delivery company Tatex as it pursues European growth through small deals and expansion of existing businesses.
May 10, 2012Business
Smith Debuts All-Electric Van That FedEx Express Will Use
Smith Electric Vehicles Corp. has unveiled an all-electric vehicle called the Newton Step Van that will be used by FedEx Express.
March 26, 2012Business
FedEx Corp.鈥檚 3Q Profit Improves
FedEx Corp. said Thursday its third-quarter net income more than doubled, to $521 million, or $1.65 per share, from $231 million, or 73 cents, a year ago.
March 22, 2012Business
FedEx鈥檚 2Q Profit Jumps on Higher Deliveries
FedEx Corp.鈥檚 fiscal second-quarter profit nearly doubled, boosted by higher holiday-season sales, and the company said it will purchase 27 new jets for its FedEx Express service in the next few years.
December 15, 2011