Filed in FedEx
Tuesday, October 25, 2011
Quarterly revenue for Big Brown—at $13.2 billion—was up 8.0 percent annually, and operating profit—at $1.61 billion—was up 0.2 percent. Earnings per share—at $1.06—saw a 14 percent year-over-year increase, topping Wall Street expectations of $1.05 per share.
Friday, October 21, 2011
EquaShip aims to provide smaller shippers with cost-savings that are typically only available to large enterprise shippers.
Thursday, September 22, 2011
Company officials said signs of a global economic slowdown, which resulted in lower volumes and lower productivity for FedEx Express, were offset by improved results at the company’s FedEx Ground and FedEx Freight units.
Wednesday, August 31, 2011
FedEx Freight, the less-than-truckload (LTL) subsidiary of FedEx, said this week it opened three new markets in Mexico on August 1, rolling out service centers in Toluca, Puebla, and Veracruz.
Thursday, August 18, 2011
FedEx subsidiary FedEx Trade Networks, the company’s global trade arm said this week it has added three new freight forwarding offices.
Tuesday, July 26, 2011
FedEx officials said that this deal will allow FedEx Express to provide a wider range of domestic and international transportation and logistics offerings in Mexico
Tuesday, July 19, 2011
FedEx subsidiary FedEx Trade Networks, the company’s global trade arm, is taking steps to augment its ocean freight forwarding services in the form of a new Ocean Choices portfolio the company introduced today.
Thursday, May 05, 2011
FedEx subsidiary FedEx Trade Networks, the company's global trade arm, said this week that it is continuing its global expansion efforts with the opening of five new offices in its Europe, Middle East, and Africa (EMEA) region.
Tuesday, April 05, 2011
Company officials said the new 104,000 square-foot location, with more than 85,000 square-feet for distribution, provides shippers with expanded service offerings, including freight forwarding, customs brokerage, and distribution services.
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Monday, April 04, 2011
Following a recent announcement which called for reducing United States oil imports by one-third in the next decade, President Barack Obama last week rolled out a new energy-focused initiative focusing on trucking in a speech at a UPS facility in Landover, Maryland.