FedEx Corp. said it will boost rates for its FedEx Ground and FedEx home delivery services by 4.9% next year.
December 5, 2011Business
FedEx Reports Higher Quarterly Earnings But Lowers Profit Forecast for Fiscal Year
Package delivery giant FedEx Corp. improved net income by 22% to $464 million in its fiscal first quarter as the less-than-truckload unit delivered solid profit growth.
September 26, 2011Business
FedEx’s 1Q Profit Improves; Company Trims Full-Year Outlook
FedEx Corp.’s fiscal first-quarter improved from a year ago, but the company trimmed its full-year earnings forecast slightly on higher fuel costs and a moderate economic growth outlook.
September 22, 2011Business
FedEx Freight Expands Service in Mexico
FedEx Freight, the less-than-truckload unit of FedEx Corp., said Tuesday it is adding service to three new markets in Mexico.
August 30, 2011Business
FedEx Freight Sets 6.75% Rate Increase
FedEx Freight, the less-than-truckload unit of FedEx Corp., said Monday it will implement a 6.75% general rate increase, effective Sept. 6.
August 8, 2011Business
FedEx Adding 4,000 New, Fuel-Efficient Vehicles
FedEx Express said it will add more than 4,000 fuel-efficient vehicles to its fleet around the country, including some all-electric vehicles.
June 29, 2011Business
FedEx 4Q Earnings Rise 33% on Resurgence of LTL Unit
FedEx Corp.’s earnings jumped 33% in its fiscal fourth quarter, led by a return to profitability at its less-than-truckload FedEx Freight unit after six consecutive quarters of losses.
June 27, 2011Business
FedEx’s Fourth-Quarter Profit Rises 33%
FedEx Corp. said Wednesday its fiscal fourth-quarter profit rose 33% from a year ago on a stronger economy, higher demand and increased volumes.
June 22, 2011Business
FedEx Boosting Dividend
FedEx Corp. said it will raise its dividend by a penny to 13 cents a share on July 1, for shareholders of record as of June 17.
June 9, 2011Business
FedEx Profits Down 3% in Third Quarter on Winter Weather, High Fuel Costs
Global economic improvement allowed FedEx Corp. to pull in 11% more quarterly revenue, but the carrier saw its net income drop by 3%, as it had to battle severe winter weather, soaring fuel costs and $43 million of integration costs at its less-than-truckload unit.
March 21, 2011