FedEx News Updates

Business

Texas FedEx Hub Lands Near UPS' Planned Distribution Center

A second major shipping hub has landed along Interstate 20 in Arlington, Texas.

June 8, 2017
TCA

Georgia FedEx Driver Glenn Moore to Compete at National Truck Driving Championships

VALDOSTA, Ga. — A South Georgia driver will represent Georgia in the National Truck Driving Championships in August.

May 22, 2017
TCA

Systems Issue Disrupted Package Sorting at FedEx Express Memphis Hub

FedEx Express reported a national service disruption May 12, citing a systems issue that affected package sorting overnight at the Memphis, Tenn., hub.

May 15, 2017
Business

FedEx Targeted in Cyber-Attack as Hackers Hit Companies Across Globe

FedEx said May 12 it was taking steps to recover from a cyber-attack on some of its Windows-based information technology systems.

May 12, 2017
TCA

FedEx Freight to Expand Facilities at Colorado Springs Airport

FedEx Freight plans to move its Colorado Springs, Colo., terminal to a site it will lease that a Kentucky developer is buying from the Colorado Springs Airport, the airport's director said May 2.

May 4, 2017
Government, Business

After Failed FedEx Prosecution, Justice Department Institutes New Procedures

SAN FRANCISCO — The U.S. Justice Department in San Francisco has instituted new oversight for complex cases, a federal prosecutor said, following a failed drug conspiracy prosecution against delivery service FedEx Corp.

April 18, 2017
TCA

FedEx Details Environmental, Community Outreach Improvements

FedEx Corp. is ramping up efforts to improve efficiency of its FedEx Express vehicle fleet.

April 13, 2017
Business

FedEx CEO Backed by Generals Tries to Nudge Trump on Fuel Rules

To get Donald Trump to come around to tougher fuel-economy standards, a corporate titan is calling in the troops and following a battle plan that worked when George W. Bush was president.

April 3, 2017
Business

FedEx 3Q Profits Increase 11% but Fall Short of Analysts' Target

FedEx Corp. said its fiscal third-quarter profits rose 11% — despite the negative effects of fuel costs — and that rate increases helped to bolster revenue.

March 27, 2017
Business

FedEx Profits Up 3.7%, Earnings Forecast Misses Mark

FedEx Corp. reported that profits rose 11% year-over-year on higher revenue due to a rate hike last autumn, but lower operating income companywide due to higher fuel costs, one fewer operating day at FedEx Express and FedEx Ground, and higher costs to expand the Ground network.

March 22, 2017