June 21, 2017
Via: Transport TopicsFedEx Corp. reported profits grew year-over-year, increasing 65% over the last 12 months and easily beating the Bloomberg News consensus forecast on both an annual and quarterly basis. In the fiscal fourth quarter, FedEx generated $1 billion in net income […]
May 15, 2017
Via: Transport TopicsFedEx said May 12 it was taking steps to recover from a cyber-attack on some of its Windows-based information technology systems. FedEx was one of numerous companies around the world that were reportedly hit by a worldwide ransomware campaign. FedEx […]
March 20, 2017
Via: Transport TopicsMemphis International Airport officials agreed March 16 to lease more land to super-tenant FedEx Corp. The Memphis-Shelby County Airport Authority approved a long-term lease for 72,172 square feet adjoining the FedEx Express world hub. FedEx ranks No. 2 on the […]
February 2, 2017
Via: Transport TopicsIn Pennsylvania, the Lehigh-Northampton Airport Authority took a step to grow its burgeoning e-commerce business by approving plans Jan. 31 to use a second warehouse near the airfield to handle cargo from FedEx and Amazon flights until it can build […]
December 19, 2016
Via: Transport TopicsA surge in online holiday shopping has national package delivery companies gearing up for record shipping days heading into Christmas and Hanukkah. “FedEx anticipates another record peak holiday shipping season, with each of the four Mondays during the season expected […]
December 14, 2016
Via: Transport TopicsFedEx chief Frederick Smith has gone on the offensive against President-elect Donald Trump’s trade proposals, warning of dire consequences if the nation pursues the protectionist policies Trump espoused during the campaign. The Memphis-based company’s chairman, president and chief executive said […]
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