FedEx Corp. said it will boost rates at its FedEx Ground and home delivery services by an average 4.9%, beginning in January.
November 30, 2012Business
FedEx Ground Names Maier Its Next CEO
FedEx Corp. said Henry Maier will succeed David Rebholz as CEO of the company’s FedEx Ground unit, which provides small-package delivery services.
January 15, 2013Business
Earnings Slip 12% to $438 Mln. at FedEx, Despite Gains at Ground, Freight Units
FedEx Corp.’s Ground and Freight units increased fiscal second-quarter profit, cushioning the blow of lower profits at the Express business, the company reported last week.
December 24, 2012Business
FedEx Reports Lower 2Q Profit
FedEx Corp. said Wednesday its second-quarter profit slipped from a year ago due in part to Hurricane Sandy, but operating profit at its less-than-truckload freight unit almost doubled.
December 19, 2012Business
FedEx Sees Record ‘Green Monday’ in December, Driven by Online Sales
FedEx Corp. said it is expecting record volume, fueled by online sales, on “Green Monday” in early December, the busiest online shopping day of the year.
October 22, 2012Business
FedEx Reducing Costs to Increase Its Profits
FedEx Corp. last week aimed to improve profits by $1.7 billion over the next three fiscal years, almost all from cutting costs and streamlining operations at the Express unit.
October 15, 2012Business
FedEx Sets Three-Year $1.7 Billion Profit Growth Plan
FedEx Corp. set a goal to boost profit by $1.7 billion within three years, by cutting costs, as customers shift away from overnight shipments to slower and cheaper deliveries, Bloomberg reported.
October 9, 2012Business
FedEx Reports Lower Earnings; Reduces Future Profit Forecasts
FedEx Corp. last week reported a lower fiscal first-quarter profit and reduced earnings forecasts, but said its less-than-truckload unit provided a bright spot by more than doubling its results.
September 24, 2012Business
FedEx Says 1Q Profit Slips; Cuts Full-Year Forecast
FedEx Corp. on Tuesday reported its fiscal first-quarter profit fell slightly from a year ago, and the company cut its full-year earnings outlook.
September 18, 2012Business
FedEx Says Quarterly Profit to Fall 4.1% From Year Ago
FedEx Corp. said its earnings for the three months ended Aug. 31 will probably decline by 4.1% from last year’s comparable quarter, “as weakness in the global economy constrained revenue growth” at its Express division.
September 10, 2012