Filed in FedEx Ground

Monday, May 07, 2012

While the freight economy is faring better now than it was during the depths of the recession, there are still many hurdles to cross, especially for the less-than-truckload (LTL) industry.

Thursday, March 22, 2012

Quarterly revenue of $10.56 billion was up 9 percent from last year’s $9.66 billion, and operating income at $813 million was up 107 percent from $393 million. Its operating margin—at 7.7 percent—was up from 4.1 percent. FedEx reported earnings per share of $1.55, edging Wall Street estimates of $1.52.

Thursday, December 15, 2011

Driven by a continued focus on yield management, FedEx reported today that fiscal 2012 second quarter net income at $497 million was up 76 percent annually. The company’s quarterly revenue of $10.59 billion was up 10 percent from last year’s $9.63 billion.

Monday, December 05, 2011

FedEx Ground and FedEx Home delivery rates will increase by a net average of 4.9 percent.

Wednesday, August 25, 2010

FedEx received good news last week, when a federal judge in Indiana ruled that FedEx Ground drivers in Kansas are independent contractors and not full-time employees.