Filed in FedEx
Tuesday, February 15, 2011
Citing severe winter storms and higher-than-expected fuel prices FedEx said this week that it’s projected fiscal third quarter earnings have been impacted by roughly $0.25 per share.
Monday, February 14, 2011
Last week, the leadership of the House Transportation and Infrastructure Committee introduced legislation designed to reform Federal Aviation Administration (FAA) programs, set policies and priorities for United States aviation systems, and create jobs through infrastructure improvements.
Posted on 02/14 at 10:01 AM
Air Freight •
Air Cargo •
Monday, January 31, 2011
When FedEx announced it was redesigning its network structure for its less-than-truckload (LTL) network, FedEx Freight, last September, which officially went live today, there was one small detail regarding this news that flew somewhat under the radar. That detail was that the company said it planned to be more active on the intermodal side.
FedEx Freight, the market leader in the LTL (less-than-truckload) sector, is changing the way shippers move freight in the $28.5 billion LTL sector.
Thursday, January 27, 2011
Earlier this week, FedEx Supply Chain, a subsidiary of FedEx, announced it has introduced significant upgrades to its FedEx Critical Inventory Logistics (FCIL) service.
Tuesday, January 25, 2011
FedEx this week said it has rolled out a new service, entitled, FedEx Deep Frozen Shipping Solution, which it said is an end-to-end service for shipping temperature-sensitive healthcare products around the world.
Monday, January 10, 2011
As part of its international growth strategy and ongoing strategic and smart investments to strengthen connectivity to and from India, FedEx Express announced that it has launched a new flight establishing direct connections between India and the FedEx Asia hub.
Posted on 01/10 at 08:52 AM
Air Cargo •
Thursday, December 16, 2010
FedEx announced today it has signed an agreement to acquire Mexico-based domestic express package delivery company MultiPack.
Posted on 12/16 at 01:54 PM
A combination of factors led to net income for the fiscal second quarter at FedEx to drop 18 percent to $283 million, according to the company’s earnings announcement today.
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Wednesday, December 08, 2010
The company said it has reduced transit times in more than 500 lanes connecting Toronto and Montreal to dozens of cities and regions in the United States. And it added that these efforts will enable cross-border LTL shippers to achieve various improvements in their supply chains.
Posted on 12/08 at 07:18 AM