Filed in FedEx

Friday, May 11, 2012

FedEx is set to acquire TATEX, a France-based B2B express transportation company focused on heavy shipments.

Tuesday, April 17, 2012

FedEx said this morning it is in discussions about a potential plan to acquire TATEX, a France-based B2B express transportation company focused on heavy shipments. This potential deal follows FedEx’ early April acquisition of Poland-based courier company Opek Sp.Z o.o.

Thursday, April 05, 2012

Company officials said that this acquisition, which is expected to close this summer, is part of its growth strategy in Europe and is expected to supplement FedEx’ service portfolio in Poland.

Friday, March 30, 2012

Company says this network design provides choice for shippers in all lengths of haul, which is part of the company’s value-add proposition.

Thursday, March 29, 2012

FedEx subsidiary FedEx Trade Networks, the company’s global trade subsidiary, said this week it has opened three new U.S.-based offices in Phoenix, St. Louis, and Milwaukee as part of an ongoing expansion effort.

Thursday, March 22, 2012

CEO Fred Smith says FedEx has a profitable multi-billion dollar business in Europe and it is growing strongly.

Quarterly revenue of $10.56 billion was up 9 percent from last year’s $9.66 billion, and operating income at $813 million was up 107 percent from $393 million. Its operating margin—at 7.7 percent—was up from 4.1 percent. FedEx reported earnings per share of $1.55, edging Wall Street estimates of $1.52.

Tuesday, February 21, 2012

FedEx recently announced that its FedEx Express subsidiary has expanded its network coverage from Asia to Middle East markets.

While UPS has made a bid and FedEx has yet to join the party, TNT focuses on recovering recent losses.

Thursday, January 12, 2012

Spurred to a large degree by a decent holiday shopping season, December retail sales showed sequential and annual growth, according to data released by the United States Department of Commerce and the National Retail Federation (NRF).