FedEx News Updates

BusinessLogistics

Trucking Reports Busy Black Friday Weekend

Black Friday weekend was particularly busy for the trucking industry with strong demand coming from retailers and supply chain issues.

December 8, 2021
BusinessLogisticsTop 100

FedEx Closes Hong Kong Crew Base Amid Stricter COVID Rules

FedEx Corp. is shutting its crew base in Hong Kong, the world’s busiest international cargo hub, and relocating its pilots as the city considers stricter measures on flight crews to curb the spread of COVID.

November 17, 2021
BusinessLogisticsTop 100TCA

UPS, FedEx, USPS Set Holiday Shipping Dates

Though it’s not yet Halloween, delivery companies UPS Inc., FedEx Corp. and the U.S. Postal Service have released their recommended deadlines to ship packages in time for the holidays.

October 12, 2021
BusinessLogisticsTop 100

UPS, FedEx, Walmart Hunting for Holiday Staffing

NEW YORK — All employers want for Christmas is some holiday help. But they might not get their wish. Companies like UPS Inc., FedEx Corp. and Walmart Inc. that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they will find all the workers they need.

October 12, 2021
BusinessTechnologyEquipmentSafetyAutonomous

FedEx, Paccar, Aurora Launch Autonomous Trucking Pilot

Aurora Innovation Inc., Paccar Inc. and FedEx Corp. launched a commercial pilot of autonomous trucking in Texas.

September 22, 2021
BusinessLogisticsTop 100

FedEx Revenue Rises, but Higher Labor Costs Affect Bottom Line

FedEx Corp. reported an increase in revenue for its fiscal first quarter, but said rising costs affected bottom-line results for the period.

September 21, 2021
BusinessLogisticsTop 100

FedEx Sets Rate Increase, Cites Challenging Operating Environment

FedEx Corp. plans to raise its delivery rates in 2022 by the most in at least a decade as the courier shoulders rising costs in what it called a “challenging operating environment.â€

September 21, 2021
BusinessTechnologyEquipmentSafetyTop 100

FedEx to Spend $100 Million on Improving Delivery Vehicle Safety

FedEx Corp. plans to spend more than $100 million to improve delivery van safety and reduce costs from accidents, potentially dragging on short-term earnings as the courier faces pressure from rising wages and other expenses.

September 20, 2021
GovernmentBusinessEquipmentFuelTop 100

Electrification Key to FedEx’s Energy Goals, Executive Says

With industries considering adopting zero-emission sustainability operations in the coming years, a senior executive at FedEx Express recently outlined the company’s objectives related to electrifying vehicles.

September 16, 2021
BusinessLogisticsTop 50Top 100

FedEx Tops $20 Billion in Revenue for Third Straight Quarter

FedEx Corp. reported a surge in bottom-line results for its fiscal fourth quarter as e-commerce continued to fuel demand for the company’s services.

June 24, 2021