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Filed in FedEx

Wednesday, September 23, 2015

Data from a San Diego-based parcel consultancy Shipware LLC showed this week that after raising its fuel surcharge index in February, it will raise it again, effective November 2.
Posted on 09/23 at 12:06 PM
NewsFedExfuel surchargesPermalink


Thursday, September 17, 2015

Rate increases will take effect for FedEx Express U.S. domestic, U.S. export, and U.S. import services, effective January 4, 2016. FedEx Express will increase shipping rates by an average of 4.9 percent for U.S. domestic, U.S. export and U.S. import services, and FedEx Ground and FedEx Home Delivery will increase shipping rates by an average of 4.9 percent. FedEx SmartPost rates will also change. And FedEx Freight will increase shipping rates by an average of 4.9 percent.
Posted on 09/17 at 11:41 AM
NewsFedExFedEx GroundFedEx ExpressPermalink


Wednesday, September 16, 2015

Quarterly net income at $692 million was up 5.6 percent annually, and revenue at $12.3 billion was up 4.9 percent. Operating income at $692 million was up 5.6 percent. Quarterly operating margin—at 9.3 percent—saw a 2.2 percent annual gain, and earnings per share of $2.42 were up 6.7 percent but were below Wall Street estimates of $2.45 per share.
Posted on 09/16 at 10:24 AM
NewsFedExPermalink


Tuesday, August 18, 2015

Following an announcement made it made earlier this month, the European Commission said late last week that it has pushed back its previous deadline of December 8 to January 13 in regards to FedEx’ planned acquisition of Netherlands-based TNT-NV.
Posted on 08/18 at 09:36 AM
NewsFedExTNT NVPermalink


Monday, August 03, 2015

The current status of FedEx’ planned acquisition of Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion, which was initially announced in April, remains in flux, with continued actions being taken by the European Commission.
Posted on 08/03 at 10:57 AM
NewsFedExTNT ExpressPermalink


Friday, July 10, 2015

Settling a widely followed lawsuit brought by more than 2,300 California workers at FedEx Ground and FedEx Home delivery, parent FedEx Corp. has agreed to create a $228 million fund and resolve a decade-long lawsuit involving misclassification of workers.
Posted on 07/10 at 01:43 AM
NewsFedExFedEx GroundPermalink


Monday, June 29, 2015

FedEx recently took another step in its plans to acquire Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion, which it announced in early April. The company said it has “submitted the required filing to the European Commission to obtain regulatory clearance in connection with the intended recommended public cash offer all issued and outstanding ordinary shares in the capital of TNT Express.”
Posted on 06/29 at 09:44 AM
NewsFedExTNT ExpressPermalink


Wednesday, June 17, 2015

FedEx Corp. today reported adjusted earnings of $2.66 per diluted share for the fourth quarter ended May 31, compared to adjusted earnings of $2.54 per diluted share a year ago, thereby falling short of what many market analysts expected.
Posted on 06/17 at 08:04 AM
NewsUPSFedExDHLPermalink


Thursday, May 21, 2015

Various media outlets reported this week that UPS will pay $25 million to settle allegations that it filed false claims to the federal government over guarantees it made related to delivery of Next Day air overnight packages.
Posted on 05/21 at 12:36 PM
NewsUPSFedExPermalink


Thursday, May 14, 2015

UPS and FedEx have changed they way they charge our customers to ship their orders. That's creating an opportunity for our industry to play a role in reducing packaging and shipping costs.
Posted on 05/14 at 08:22 AM
NewsUPSFedExDimensional PricingPermalink



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