FedEx

By Jeff Berman · October 26, 2012
Taking steps to augment its cross-border services in Canada and Mexico and meet customer needs in NAFTA markets, FedEx Freight, the less-than-truckload (LTL) subsidiary of FedEx, said this week it has added three new service center facilities.
By Jeff Berman · October 11, 2012
FedEx is expecting nearly $1.6 billion of the planned $1.7 billion in profitability improvements to come from its Express division, according to the Wall Street Journal.
By Jeff Berman · October 10, 2012
This week, the company made some of its cost reductions plans public, rolling out a goal of an annual profitability improvement of $1.7 billion during the next three years, with a majority of the benefits to be achieved by fiscal 2015.
By Jeff Berman · September 27, 2012
FedEx Freight the less-than-truckload subsidiary of transportation and logistics bellwether FedEx said this week that it has upgraded its FedEx Freight Priority services by making improvements to its transit standards.
By Jeff Berman · September 19, 2012
While the fiscal year 2013 first earnings forecast for FedEx was lowered due to concern about the global economy on the company’s fiscal first quarter earnings call this week, FedEx Freight, the company’s market-leading less-than-truckload subsidiary had a strong quarterly performance.
By Jeff Berman · September 18, 2012
Quarterly revenue of $10.79 billion was up 3 percent from last year’s $10.52 billion, and operating income at $742 million was up 1 percent from $737 million.
By Jeff Berman · September 11, 2012
According to a Wall Street Journal report, the Chinese government has granted both companies the green light to provide intra-China express package services.
By Jeff Berman · September 5, 2012
Company cites weakness in the global economy and constrained revenue growth at FedEx Express as drivers for downward revision.
By Patrick Burnson · August 24, 2012
According to MCAA executive director, Robert L. DeCaprio, there’s been considerable speculation on the vulnerability of transport giants FedEx and UPS in the “same day” niche.
By Patrick Burnson · August 21, 2012
The performance of cyber sales in the second quarter is stellar compared to the poor showing of the brick-and-mortar stores.
By Jeff Berman · July 18, 2012
A report by the USPS Office of Inspector General (OIG), entitled “Strategic Advantages of Moving Mail by Rail,” highlights the fact that moving USPS services and products on rail could be highly advantageous and beneficial for the USPS, with multiple benefits.
By Jeff Berman · July 18, 2012
In a 10-K filing with the Securities and Exchange Commission, FedEx said this week that it has learned that the United States Postal Service plans to solicit proposals for domestic air services that are currently provided by FedEx.
By Jeff Berman · July 12, 2012
While transportation and logistics bellwethers UPS and FedEx are well-established in all corners of the world, one area where their presences could be even greater felt is China.
By Jeff Berman · July 5, 2012
FedEx said its FedEx Express subsidiary has completed the acquisition of Rapidão Cometa Logistica e Transportes S.A., a Brazil-based transportation and logistics services provider. The acquisition was initially announced in late May.
By Jeff Berman · June 22, 2012
Con-way Freight, the less-than-truckload subsidiary of Con-way Inc., is the most recent LTL carrier to roll out a mid-year general rate increase (GRI).

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