FedEx News Updates

Business

FedEx Profits Soar, Revenue Rises in Fiscal First Quarter

FedEx Corp. boosted its full-year profit outlook Sept. 17 as the shipping giant reported mixed financial results for the first quarter of its 2019 fiscal year.

September 17, 2018
GovernmentBusinessTechnologySafetyAutonomous

Capitol Agenda for the Week of Sept. 17: ‘Iggy,’ the Doctor of Truckology, Fondly Remembered

Chris Ignowski left a lasting impression at FedEx and the National Truck Driving Championships as a safety proponent whose knowledge of the industry's rules and regulations was unmatched.

September 17, 2018
GovernmentBusiness

Parcel Giants, Logistics Companies Announce Hiring Plans Ahead of Holiday Season

Several of the shipping industry’s largest entities have unveiled their plans for holiday season hires. The temporary employees will help support an anticipated increase in packages beginning in November and continuing through January.

September 17, 2018
LogisticsTCA

FedEx Reaches Airfreight Deal With San Bernardino Airport

FedEx Express will begin operating daily cargo flights out of San Bernardino International Airport in October, under terms of a new 10-year agreement.

July 25, 2018
BusinessTop 100

2018 Top 100 For-Hire Carriers: Acquisitions, Growth Boost Rankings

There were big gains all around for the nation’s largest for-hire carriers, some driven by acquisitions and some by expansion in response to vigorous growth in demand for freight hauling.

July 16, 2018
GovernmentBusinessLogistics

FedEx, UPS Say Local Sick-Pay Laws Don’t Apply to Them

Fed up with state and local laws that require private employers to offer paid sick days, the airlines and railroads have filed suit, claiming that the interstate nature of their businesses should make them exempt.

June 21, 2018
Business

FedEx Reports 4Q Profit That Beats Expectations

Buoyed by growth across its operating units, FedEx Corp. reported increases in revenue and profit for its fiscal fourth quarter and full-year 2018.

June 19, 2018
BusinessTechnologyLogisticsTop 100

UPS Plans Rate Hike for Heavy Freight as E-Commerce Volume Grows

UPS Inc. will increase its over-the-maximum limits and the oversize pallet-handling surcharge to $650 from $500 beginning June 4.

May 29, 2018
BusinessTechnologyLogistics

FedEx CEO Fred Smith Sees Blockchain as ‘Next Frontier’ for Logistics

Convinced that blockchain is on the brink of transforming the package-delivery business, FedEx Corp. is testing the technology to track large, higher-value cargo.

May 16, 2018
BusinessLogistics

FedEx to Shift $6 Billion in Pension Obligations to MetLife

FedEx Corp. is transferring $6 billion in U.S. pension obligations to MetLife Inc. to reduce administrative costs.

May 9, 2018