ºÚÁϳԹÏÍø

Amazon.com says FedEx Corp.’s delivery performance is slipping and will no longer let third-party merchants use the company’s ground delivery network for quick Prime shipments through the holidays.

The CEO of FedEx Corp. came out swinging after a news report called into question the company’s track record on capital investments and tax payments in the wake of federal tax reform efforts.

Where North American airports ranked in terms of cargo pounds transported.

All but a handful of the companies ranked on the 2019 Top 50 Global Freight Carriers list posted higher freight revenues in 2018 than the previous year, as the majority of the world’s largest freight carriers continued to enjoy strong demand in many key markets.

FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries.

FedEx officials said the company’s test drone program completed the first U.S. residential delivery of commercial goods, a scheduled trip to a home in Christiansburg, Va., on Oct. 18.

MEMPHIS, Tenn. — FedEx officials confirm the company has filed a building permit for its new package sorting facility and world hub in Tennessee.

FedEx Corp. will hire 55,000 additional workers for the holiday season, the parcel delivery company announced Sept. 20.

A $20 billion investment spree detailed by UPS CEO David Abney last year, a plan that initially rattled Wall Street, is bearing fruit. Profit margins are improving even as 112-year-old Big Brown copes with swelling volume from voracious online shoppers, who are typically less lucrative to serve than business customers.

FedEx Corp.’s fiscal 2020 first-quarter earnings were down as a result of a weakening global economy and increased costs as it expands its service into other business lines, including seven-days-a-week home delivery service, the parcel delivery company said.