FedEx

By Jeff Berman · October 16, 2015
UPS announced yesterday that it has rolled out its 2016 rate increases for various service offerings.
By Jeff Berman · October 5, 2015
The planned $4.8 billion acquisition of Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator, by FedEx may be showing signs of coming closer to fruition, with TNT’s shareholders formally giving their blessing on the proposed deal.
By Jeff Berman · 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.
By Jeff Berman · 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.
By Jeff Berman · 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.
By Jeff Berman · 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.
By Jeff Berman · August 3, 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.
By John D. Schulz · 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.
By Jeff Berman · 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.”
By LM Staff · 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.
By Jeff Berman · 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.
By Bob Trebilcock · 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.
By Jeff Berman · May 4, 2015
So far, so good may be the best way to describe the current state of progress in the negotiating process regarding the announcement made last month by FedEx that it 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.

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