FedEx News Updates

Business

FedEx Incorporating Artificial Intelligence in Trucks, Planes, Founder Fred Smith Says

FedEx board member and author, Joshua Cooper Ramo, believes in the power of supercomputers, meganetworks and artificial intelligence to transform humanity.

June 8, 2016
Business

FedEx Receives Permit for $1.7 Million Facility at Idaho Airport

FedEx is moving ahead with its new air cargo facility at the airport in Twins Falls, Idaho.

June 3, 2016
Business

FedEx Begins Integrating TNT After Purchase

FedEx Corp. announced last week that it would begin integration of TNT Express assets immediately after completing the $4.9 billion deal, its largest-ever acquisition.

May 30, 2016
Business

TNT Deal Raises FedEx Employment to Almost 400,000

In one fell swoop, FedEx Corp. ballooned to nearly 400,000 employees worldwide and close to $58 billion in annual revenues. The jewel of FedEx's acquisition of TNT Express last week is a European road network linking 40 countries, but the heart of FedEx remains in Memphis, Tennessee.

May 29, 2016
Business

New FedEx Ground Distribution Center in Pennsylvania Almost Ready to Ship

Construction of a massive new FedEx Ground distribution center in Pittston Township, Pennsylvania, is nearly complete and it should be finished in August, according to a company spokesman.

May 26, 2016
Business

FedEx to Open Distribution Center in New Mexico

FedEx Ground is moving dirt around on a 215,000-square-foot distribution center at Santa Teresa, New Mexico's newest industrial development, Westpark. The $20 million center is expected to be operating in the first quarter of next year, according to sources familiar with the project.

May 19, 2016
Business

Tennessee Cites FedEx for Fatal Accident, Proposes $4,000 Fine

State regulators propose to fine FedEx  Corp. $4,000 for a fatal workplace accident last Nov. 22 at the Memphis hub.

May 18, 2016
Business

FedEx Breaks Ground on New Connecticut Facility

Construction will begin soon on a 525,000-square-foot FedEx Ground distribution hub in Middletown, Connecticut, at the former site of an Aetna campus.

May 17, 2016
Business

FedEx Founder Fred Smith to be Awarded University of Tennessee Honorary Degree

NASHVILLE, Tenn. — FedEx Corp. founder and Chairman Fred Smith will receive one of three honorary degrees the University of Tennessee will award at commencement ceremonies next month in Knoxville.

April 18, 2016
Business

FedEx to Build Distribution Center at Old Louisiana Racetrack Site

Part of the old Evangeline Downs Racetrack site in Carencro, Louisiana, will be the home of a 236,000-square-foot FedEx Ground distribution center, the developer of the project confirmed April 11.

April 12, 2016