FedEx News Updates

Business

FedEx Adopts Bylaws Change Sought by Shareholders

FedEx Corp. directors on March 8 adopted a bylaws change sought by shareowners to make it easier to promote candidates for the board.

March 8, 2016
Business

FedEx Ground Gains Approval for $335 Million Pennsylvania Sorting Facility

The Lehigh-Northampton Airport Authority on March 2 approved a tentative deal that would pave the way for FedEx Ground to build a $335 million package-sorting plant in Allen Township.

March 3, 2016
Business

FedEx-Sponsored Hamlin Wins Closest-Ever Daytona 500

Denny Hamlin, driving the No. 11 FedEx Express Toyota, charged from fourth place on the final lap to edge out Martin Truex Jr. in the closest finish in the history of the Daytona 500.

February 21, 2016
Business

'Tentative Deal' Paves Way for Pennsylvania FedEx Distribution Center

The owners of Willow Brook Farms in Pennsylvania say they have a tentative deal to remove a deed restriction that will enable FedEx Ground to forge ahead with its $335 million distribution plant on land now owned by the Lehigh-Northampton Airport Authority.

February 16, 2016
Business

FedEx to Run Memphis Johnson & Johnson Distribution Center

Johnson & Johnson is outsourcing its Memphis distribution center operation to FedEx unit Genco and says a vast majority of workers will continue to work there.

February 10, 2016
Business

FedEx Ups Game in Charitable Giving

FedEx Corp. rolled out a stronger charitable giving program, FedEx Cares, which will invest $200 million in more than 200 communities over five years.

February 8, 2016
Business

FedEx, TNT Win Brazilian Approval for Merger

FedEx's $4.8 billion takeover of TNT Express has cleared another hurdle, winning unconditional approval from authorities in Brazil, the companies said Feb. 2.

February 2, 2016
Business

FedEx Again Delivers Super Bowl Trophy

On Feb. 7, in a scene that most Americans have watched every winter, NFL Commissioner Roger Goodell will present the coveted Vince Lombardi Trophy to the owner and coach of the team that wins the Super Bowl in Santa Clara, California.

February 1, 2016
Business

FedEx Announces New Buyback of 25 Million Shares

FedEx Corp.'s board authorized a new program to buy back up to 25 million shares of common stock, the package shipping company said Jan. 26.

January 27, 2016
Business

University of Memphis, FedEx Tech Institute Launch Push Into Biologistics Research

The University of Memphis on Jan. 22 will launch the Biologistics Research Cluster, in which 16 faculty members will study the bioscience industry's transportation and logistics issues.

January 21, 2016