Filed in FedEx Ground
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.
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
FedEx Ground •
Thursday, March 19, 2015
Early returns on dimensional pricing changes are encouraging for FedEx, but an analyst says impact will be clearer after the fiscal fourth quarter results are issued in about three months.
Wednesday, September 17, 2014
The Memphis-based company reported today that quarterly net income of $606 million was up 24 percent annually, and revenue, at $11.7 billion, was up 6 percent. Operating income at $987 million was up 24 percent.
Tuesday, June 17, 2014
Following the lead of its chief competitor, FedEx, Atlanta-based transportation and logistics bellwether UPS today said that effective December 29, it will also adopt dimensional pricing in the United States. Company officials said that dimensional weight will be used to calculate the billable weight of a shipment on all UPS Ground services and UPS Standard to Canada packages.
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Monday, May 05, 2014
Effective January 1, 2015, FedEx will apply dimensional weight pricing to all shipments moved via FedEx Ground, and at FedEx Freight, the company’s less-than-truckload group, FedEx has updated its fuel surcharges for the U.S. and Canada by 3 percent.