Filed in FedEx

Tuesday, June 04, 2013

In a move geared to modernize its aircraft fleet and improve the global network of its FedEx Express segment, global transportation and parcel bellwether FedEx announced yesterday it has permanently retired or will accelerate the retirement of 86 aircraft and 308 related engines.

Monday, April 15, 2013

ShipmentWatch leverages SenseAware, a FedEx shipment tracking and monitoring service in tracking customer shipments.

Monday, March 25, 2013

Revenue at FedEx Freight, the company's less-than-truckload unit, at $1.24 billion was up 0.8 percent from $1.23 billion last year, with an operating margin of 0.3 percent compared to -0.1 percent a year ago.

Wednesday, March 20, 2013

Despite solid performances from its Ground and Freight units, fiscal third quarter earnings for transportation and parcel bellwether FedEx were down overall on an annual basis, with quarterly net income—at $361 million—down 31 percent.

Friday, February 01, 2013

FedEx said the new office, which is located in Bangkok, will provide shippers in Thailand and across the Asia Pacific region to leverage FedEx Trade Network’s freight forwarding services.

Tuesday, January 15, 2013

Earlier today, transportation and logistics bellwether FedEx announced that Henry J. Maier will succeed David F. Rebholz as president and CEO of FedEx subsidiary FedEx Ground.

Wednesday, December 19, 2012

The aftereffects of Super Storm Sandy had an impact on fiscal second quarter net income for global transportation and parcel bellwether FedEx at $438 million, which was down 12 percent annually from $497 million, the company said in its earnings announcement today.

Wednesday, December 12, 2012

The report stated that this development came to light in the form of an internal e-mail by a FedEx sales executive in an internal e-mail which was unsealed in a class action lawsuit filed in a federal court in Memphis last year, which claims FedEx Corp. and FedEx Corporate Services overcharged commercial and government customers up to $3 each for millions of delivered packages.

Monday, December 03, 2012

The company said rates for each service will increase by a net average of 4.9 percent and take effect on January 7, 2013.

Monday, November 19, 2012

According to company officials, non-contractual 2013 rates will be comprised of a net increase of 4.5 percent for UPS Air and International Services and UPS ground packages are going up 4.9 percent.